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  • July 11, 2014
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  1. Francis Leung's fund to take stake in Sun Hung Kai

    Posted Apr 27th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu Francis Leung Pak-to, known as the 'father of red chips' for his involvement in a string of listings of mainland companies, could not land a job with Sun Hung Kai Financial 30 years ago. Today, he is poised to join the brokerage's listed parent, Sun Hung Kai & Co, as a non-executive director after his buyout fund CVC Capital Partners announced plans ...

  2. Sun Hung Kai fails to woo small brokers

    Posted Feb 26th 2004, 12:00am by Enoch Yiu

    ... Enoch Yiu Brokerage Sun Hung Kai & Co is on the hunt for more acquisitions but is finding expansion difficult to achieve because of the shortage of rivals up for sale. 'We ... ask the brokers at what price they would like to sell their business, they offer no price and say that they are doing very well and have no plan to sell their business.' Sun Hung Kai, one ...

  3. Sun Hung Kai ends pursuit of Yicko

    Posted Apr 15th 2004, 12:00am by Staff Reporter

    ... Kelvin Wong Sun Hung Kai & Co (SHK) has dropped its bid for control of rival Yicko Securities, saying the deal is not worth pursuing. 'When you consider an acquisition, you have to measure whether the benefits are worthwhile,' chief operating officer David Parker said. 'After conducting due diligence, we simply decided that the work involved was disproportionate ...

  4. Shenzhen pair in row over HK$2m forfeited on flats

    Posted Mar 12th 2011, 12:00am by Ada Lee

    ... Ownership scheme in 2002. The government sold the property project to Sun Hung Kai Properties and New World when the sales under the scheme were frozen. Centaline chairman Sherman Lai Ming-kai said ... a mortgage. Guo Shujuan, 52, and Li Li, 50, put down deposits of HK$920,500 and HK$857,740 respectively on apartments in Harbour Place, Hung Hom, in 2007. They say that agents from Centaline property ...

  5. More new flats likely to hit market soon

    Posted Feb 09th 2011, 12:00am by Sandy Li

    ... in prices. In response, most developers deferred the launch of sales for new projects, but were now reviewing those decisions, agents said. Sun Hung Kai Properties is the only developer to have brought to market a mass housing project since the tightening measures were announced on November 19. Flats at the project, Park Nara in Hung Shui Kiu, sold for an average price of HK$4,800 per sq ...

  6. Hundreds queue for Ma On Shan flats

    Posted Oct 01st 2010, 12:00am by Danny Mok, Vivian Li

    ... in Ma On Shan, said she wanted a 1,200 square foot flat for her family and expected to pay about HK$9 million. Sun Hung Kai Properties will start selling the first 28 villas at its Valais ...

  7. House on The Peak fetches record price

    Posted Mar 17th 2010, 12:00am by Yvonne Liu

    ... A listed electronic components manufacturer yesterday bought a house on The Peak for HK$60,215 per square foot, making it the most expensive home in Hong Kong in terms of price per square foot. Sino-Tech International Holdings said they had agreed to buy house No8 at Sun Hung Kai Properties' Severn 8 in Severn Road on The Peak for HK$280 million for investment purposes. ...

  8. Developers may see profit bonanza this year

    Posted Feb 24th 2010, 12:00am by Staff Reporter

    ... corporates team. 'Everywhere in Hong Kong new price records are set whenever new housing projects are offered for sale.' Wu said he expected Sun Hung Kai Properties, which ... profit margins for New World. Sun Hung Kai Properties last Thursday announced the pricing list of the first 50 units at the 1,890-unit Yoho Midtown in Yuen Long at an average of HK$5,200 per sq ...

  9. Kai Tak site ideal for paddlers

    Posted Apr 25th 2010, 12:00am by Alvin Sallay

    ... Alvin Sallay Row, row, row our boats gently down Kai Tak way. This is the message which the three paddling sports- rowing, canoeing and dragon boating- have sent to the government in the hope that a new international regatta centre will be built at Kai Tak, location of Hong Kong's old airport, to supplement existing plans to build a sports hub on the site. ...

  10. Hang Lung's HarbourSide sales undercut partner

    Posted Aug 12th 2009, 12:00am by Sandy Li

    ... the nearby Cullinan, a luxury residential project by Sun Hung Kai Properties. At the weekend, 35 Cullinan units were sold at HK$17,000 to HK$19,000 per square foot. On Thursday last week, ...




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