Jabarkan 2000s dari South China AA dalam bahasa melayu

As they failed to beat Citizen in the last game of the 2005–06 season, South China was to be relegated for the first time since 1983. However, on 14 June 2006, the Hong Kong Football Association approved a request from South China to remain in the first division with the promise of strengthening their squad. Staying true to their word, South China heavily strengthened their squad and coaching staff. As a result, South China successfully regained the First Division League title in the 2006–07 season, and also winning the Hong Kong FA Cup and the Hong Kong Senior Shield, achieving the famous treble.

The team has gone from strength to strength, while the team has had continued success on the domestic front, winning three consecutive league titles in the process, it has also had success in other international club competitions. The team has reached the semi-finals of the 2009–10 AFC Cup. South China's success has seen the team climb in world club rankings to their new high of 145th, even surpassing other Mainland Chinese clubs which are widely considered to be of a better standard than clubs in Hong Kong. In recent years the South China has taken part in several pre-season exhibition matches with European clubs, with the most notable being a 2–0 win against the English Premier League side Tottenham Hotspur.

Much of the recent success has been attributed to the former chairman, Steven Lo, and with his shrewd business sense he rebuilt the team as a brand, and played a major role in reigniting interest in the Hong Kong Football League. South China has reinvented their image and have partnered with several organisations and brands. In 2007, South China has enter into a partnership with Hong Kong Red Cross. The partnership is a pioneer between a sports association and a humanitarian organisation in Hong Kong, and South China is the first football team to ever bear the Red Cross emblem on the official kit. The appointment of the fashion brand Giorgio Armani as the official tailor, has allowed South China to join some of the world's elite, with the brand being associated with Chelsea Football Club and the English national team. In celebration of the 100th Anniversary of the establishment of South China Football Team, world-renowned designer Philippe Starck produced a special edition of the "Peninsula Chair", with the faces of the team and the chairman printed on.

Nicky Butt and Mateja Kežman played for South China during the 2010–11 season of the Hong Kong First Division League.