Sun Hung Kai & Company (新鴻基) is a diversifed corporation based in Hong Kong and has operations in Greater China. A corporation is a legal person which, while being composed of natural persons, exists completely separately from them. ... Greater China (Traditional Chinese: 大ä¸è¯å°å; Simplified Chinese: 大ä¸åå°åº; Pinyin: Dà ZhÅnghuá DìqÅ«) is a term referring collectively to mainland China, Hong Kong, Macau, and territories administered by the Republic of China (Taiwan), usually in the context of their financial markets and economies. ...
History
Established in 1969, it is one of many non-British owned companies that over took the British trading companies or 'hongs' that dominated the financial order in Hong Kong prior to 1997. Sun Hung Kai Properties was listed in 1972 SEHK: 0016, Sun Hung Kai Securities Limited was listed in 1975 and Sun Hung Kai & Co. Limited was listed on the Hong Kong Stock Exchange in 1983 SEHK: 0086. 1969 (MCMLXIX) was a common year starting on Wednesday (the link is to a full 1969 calendar). ... 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... The Hong Kong Stock Exchange (Chinese: 馿¸¯äº¤ææ, also 港交æ; abbreviated as SEHK and HKSE; HKEx: 0388) is the stock exchange of Hong Kong. ... The Hong Kong Stock Exchange (Chinese: 馿¸¯äº¤ææ, also 港交æ; abbreviated as SEHK and HKSE; HKEx: 0388) is the stock exchange of Hong Kong. ...
Operations
Financial Services - Sun Hung Kai Finance Co. Limited
Property development and management - Wah Cheong Development Co. Limited and Central Associated Investments Limited, Tian An Development Company Limited
Mortgage deals
Insurance brokerage and consulting - Sun Hung Kai Insurance Co. Ltd, Lippo Capital Limited
Securities - Sun Hung Kai Securities Limited, Hong Kong and Kowloon Commercial Limited, SHK China Fund
Commodities Trading - Sun Hung Kai-ACLI Commodities Limited
SunHungKai and Company (新鴻基) is a diversifed corporation based in Hong Kong and has operations in Greater China.
Established in 1969, it is one of many non-British owned companies that over took the British trading companies or 'hongs' that dominated the financial order in Hong Kong prior to 1997.
SunHungKai Properties was listed in 1972 SEHK: 0016, SunHungKai Securities Limited was listed in 1975 and SunHungKai and Co. Limited was listed on the Hong Kong Stock Exchange in 1983 SEHK: 0086.
SunHungKai expects to complete the first portion of the project in 2007, with the whole three-phase development wrapping by 2011.
But SunHungKai management said it is guarding against that possibility by choosing to develop in a strong location.
After rising 0.49 percent on Thursday, shares in SunHungKai are down 0.98 percent at HK$50.50 at the lunch break on Friday, mirroring the Hang Seng index's 0.99 percent decline.