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Property Developers In Hong Kong
Since the British colonialisation in 1841 after the First Opium War, Hong Kong has grown from a stony outcrop on the southern coast of China to a territory whose property prices are among the highest in the world. The territory has a land mass of . According to government figures as at 2018, most of the land in Hong Kong is woodland, shrubland and grassland – much of which designated as country parks such as Lion Rock, Plover Cove Country Park and Sai Kung East Country Park, and only approximately 25% of the land mass out of the total territory is classed as "built-up". Most of the 7.3 million people in Hong Kong inhabit an area measuring . Excluding rural settlement housing, which represents 7% of the city's total domestic households, the remainder of the population is effectively squeezed into an area of . Property developers play a direct role in housing in Hong Kong, including the hoarding of approximately of agricultural land which could otherwise be used for housing. Major ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Opium War
The First Opium War (), also known as the Opium War or the Anglo-Sino War was a series of military engagements fought between Britain and the Qing dynasty of China between 1839 and 1842. The immediate issue was the Chinese enforcement of their ban on the opium trade by seizing private opium stocks from merchants at Canton and threatening to impose the death penalty for future offenders. Despite the opium ban, the British government supported the merchants' demand for compensation for seized goods, and insisted on the principles of free trade and equal diplomatic recognition with China. Opium was Britain's single most profitable commodity trade of the 19th century. After months of tensions between the two nations, the British navy launched an expedition in June 1840, which ultimately defeated the Chinese using technologically superior ships and weapons by August 1842. The British then imposed the Treaty of Nanking, which forced China to increase foreign trade, give compensat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New World Development
New World Development Company Limited (NWD), is a Hong Kong-based company focused on property, hotels, infrastructure and services and department stores. It was established on 29 May 1970 by Cheng Yu-tung. The company is publicly listed on the Stock Exchange of Hong Kong Limited (SEHK: 17) since 23 November 1972 and is a constituent stock of Hong Kong Hang Seng Index. Over the last four decades, the group has also actively participated in various businesses in Mainland China and established itself as one of the largest foreign direct investors in the country. The group's existing investments in Mainland China has exceeded US$16.5 billion, spreading across four municipalities and over 19 provinces. History Launch and rapid growth The New World Development (NWD) Company Limited was established on 29 May 1970 to venture into property development. Dr Ho Sin Hang was elected Chairman of the company, while Dr. Cheng Yu-tung was appointed Director and General Manager. Cho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emperor Group
Emperor Group is a diversified group of companies founded by Albert Yeung in Hong Kong. Albert Yeung's father, Mr Yeung Shing, opened a watch shop named "Shing On Kee Watch Shop" in 1942, setting the business foundation.Chairman's Profile from Emperor Group Six companies within the Group are listed on the Main Board of The Hong Kong Stock Exchange, Stock Exchange of Hong Kong. These include Emperor International Holdings Limited (Stock code: 163), which focuses on real estate investing, real estate investment and property development; Emperor Watch and Jewellery Limited (Stock code: 887), which specializes in the retail of luxury watches and fine jewellery; Emperor Entertainment Hotel Limited (Stock code: 296), which concentrates on hotel and gaming businesses in Macau; Emperor Capital Group Limited (Stock ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseph Lau
Joseph Lau Luen-hung (; born 21 July 1951) is a Hong Kong billionaire. Lau is the former chairman of property developer Chinese Estates. He is an avid art and wine collector. His fortune is estimated by ''Forbes'' at $13.3 billion as of September 2021. In 2014, he became a convicted felon and fugitive in Macau. Life and career Joseph Lau was born on July 19 , 1951 in Hong Kong. He has a younger brother Thomas and two younger sisters. Lau attended the University of Windsor in Canada before returning to join his family's business making electric fans in 1974. In 1978, he renamed the company Evergo Industrial Enterprise. In 1982, the company held an initial public offering in Hong Kong. In 1985, Lau switched Evergo's business focus to investment-holding and property-management services. Lau became the majority shareholder of Chinese Estates Holdings when he acquired a 43% stake in the company through Evergo in 1986. Since then, he's expanded his real estate investments thr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Estates Group
Chinese Estates Group is a real estate development group based in Hong Kong. The group comprises three Hong Kong publicly listed companies : Chinese Estates Holdings Limited (Stock Code: 127), Chi Cheung Investment Company, Limited (Stock Code: 112) and G-Prop (Holdings) Limited (Stock Code: 286). Historically, Chinese Estates Group has been focused on the Hong Kong market, but has more recently expanded into neighbouring Macau and mainland China. In July 2010 the group was reported to be in exclusive negotiations to acquire Tower 42, an office tower in the City of London The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London f ..., for a reported sum of around £300 million. Operations Total revenues for 2009 totalled HK$2,151.3 million. As of 31 December 2009 the property portfolio was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nina Wang
Nina Wang, born Kung Yu Sum () 29 September 1937 – 3 April 2007) was Asia's richest woman, with an estimated net worth of US$4.2 billion at the time of her death. She was the widow of Hong Kong chemical magnate Teddy Wang, who was kidnapped and disappeared in 1990. Early life Kung Yu Sum was born in Shanghai to parents from Wenzhou, and was a childhood playmate of Teddy Wang, whose father Wang Din-shin, a Wenzhounese businessman, established a paint and chemical business. The Wangs moved to Hong Kong, and the business became the Chinachem Group, eventually one of Hong Kong's largest and most powerful companies based on a lucrative pharmaceutical division. In 1948, when she was 11 and he 15, they renewed their friendship, and in 1955 they married. Nicknamed "Little Sweetie" ("Siu Tim Tim" or "小甜甜" in Cantonese), she was noted for her two pigtails and her love of dressing in traditional Chinese dresses. At the time of her death, she was the richest woman in Asia and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinachem Group
Chinachem Group () is a corporate group established in Hong Kong by Teddy Wang's father Wang Din Sin (王廷歆). The early years of the group were dedicated to exploration of and investment in agricultural projects and chemicals. In the 1960s, the Group shifted its focus to the property development, and has been one of the largest property developers in Hong Kong since mid-1970s. After Teddy Wang's kidnapping and disappearance in 1990, his wife Nina Wang took over the company as the "Chairlady" and built it into a major property developer, making her the richest woman in Asia. After the death of Nina Wang, her brother Kung Yan-sum has been serving as the Acting Chairman of the Group. Property and hotels The Chinachem Group has built over 300 tower blocks in Hong Kong, the most famous of which is Nina Tower, in Tsuen Wan Tsuen Wan (formerly also spelled Tsun Wan) is a town built on a bay in the western New Territories of Hong Kong, opposite of Tsing Yi Island ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Overseas Land And Investment Limited
China Overseas Land and Investment Limited (COLI), known as China Overseas, is a Hong Kong-based and incorporated real estate conglomerate. It is an indirect subsidiary of China State Construction Engineering Corporation Limited. Found in June 1979, it is engaged in construction and contracting, property development and infrastructure investment, with operations currently in Hong Kong, Macau and Mainland China. China Overseas was listed in the Stock Exchange of Hong Kong as a red chip stock in August 1992. In July 2005, it spun off its construction business and formed China State Construction International Holdings Limited ("CSCI"), which was listed on the Stock Exchange of Hong Kong . On 10 December 2007, it was selected to be a Hang Seng Index Constituent Stock ( blue chip). Business areas China Overseas Land and Investment operates in four segments: property development, which is engaged in the development and sales of properties; property investment, which is enga ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sino Group
Established in 1971, Sino Group () comprises three listed companies – Sino Land Company Limited (HKSE: 083), Tsim Sha Tsui Properties Limited (HKSE: 0247), Sino Hotels (Holdings) Limited (HKSE: 1221) – and private companies held by the Ng Family. As one of Hong Kong’s leading property developers with core businesses in property development and investment, Sino Group has grown with the communities it serves. The Group’s business interests comprise a diversified portfolio of residential, office, industrial, retail and hospitality properties across Hong Kong, mainland China, Singapore and Australia, and has developed over 250 projects, spanning more than 130 million square feet. Core business assets are further complemented by property management services, hotel investment and management, including The Fullerton Hotels & Resorts and other affiliate brands. History On 5 January 1971, Sino Land Company Limited was incorporated in Hong Kong. Tsim Sha Tsui Properties Limited, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kerry Properties
Kerry Properties Limited is a listed company engaged in property development in Hong Kong, Mainland China and Asia Pacific region; infrastructure projects in Hong Kong and Mainland China; and hotel ownership and operations in Mainland China. They formerly also engaged in third-party logistics, freight services and warehouse operations, however the former subsidiary was listed on 19 December 2013, under the name Kerry Logistics Network (). Its largest shareholder is the family of Robert Kuok, a Malaysian Chinese businessman and the founder of Shangri-La Hotels and Resorts. It incorporated in Bermuda with limited liability and was listed on the Hong Kong Stock Exchange in 1996. Its head office is in Quarry Bay. See also * Shangri-La Hotels Shangri-La Hotels and Resorts () is a multinational hospitality company. Founded in 1971 by tycoon Robert Kuok in Malaysia, the company now has over 100 luxury hotels and resorts with over 40,000 rooms in Africa, Asia, Europe, the M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MTR Corporation
MTR Corporation Limited is a majority government-owned public transport operator and property developer in Hong Kong which operates the Mass Transit Railway, the most popular public transport network in Hong Kong. It is listed on the Hong Kong Exchange and is a component of the Hang Seng Index. The MTR additionally invests in railways across different parts of the world, including franchised contracts to operate rapid transit systems in London, Sweden (Stockholm Metro and the MTRX Stockholm–Gothenburg rail link), Beijing, Hangzhou, Macau, Shenzhen, Sydney, and a suburban rail system in Melbourne. History The Mass Transit Railway Corporation () was established on 22 September 1972 as a government-owned statutory corporation to build and operate a mass transit railway system to meet Hong Kong's public transport needs. On 30 June 2000, the MTRC was succeeded by the MTR Corporation Limited (MTRCL, ). As with the MTRC, the MTRCL's principal business is to operate the mass t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wheelock Properties
Wheelock Properties Limited and Wheelock Properties (Hong Kong) Limited are subsidiaries of Wheelock and Co. Wheelock Properties is a real estate developer and a former listed company in the Hong Kong stock exchange. Business overview Wheelock Properties engages in the property development and investment operations in Hong Kong. It participated in a number of private housing estates including Bellagio, Sorrento, Parc Oasis (via the subsidiary RDC) and Parc Palais and owns certain investment properties including Fitfort. Before the privatization of Wheelock Properties, the company owned the 76% shares in Singapore-listed Wheelock Properties (Singapore). Both companies are privatized. History The predecessor of the business unit, Hongkong Realty and Trust Co., Ltd., was incorporated on 17 March 1923. It was renamed to New Asia Realty and Trust Co., Ltd. in 1995. In the same year was added as a registered Chinese name. Hongkong Realty and Trust was a listed company sinc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
