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  • October 20, 2014
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  1. Fortis buys Ming An's Pacific Century stake

    Posted Jun 09th 2007, 12:00am by Sherman So

    ... Maria Chan and Sherman So Ming An (Holdings), a non-life insurer partly owned by Cheung Kong (Holdings), has agreed to sell its 10.8 per cent stake in Pacific Century Insurance Holdings ... the company announced in March. Ming An's sale of its 91.06 million shares came after Fortis bought a controlling stake in Pacific Century Insurance in early March and offered to buy out all ...

  2. Home sales fall sharply in festive period

    Posted Jan 29th 2009, 12:00am by Sandy Li

    ... Sandy Li Sweeteners fail to attract buyers Home sales during the Lunar New Year holiday nearly came to a standstill even though developers offered 'festival sweeteners' such as lai see packets to lure buyers. Henderson Land Development, Chinachem Group and Sino Land offered red packets of between HK$28,000 and HK$68,800 to home buyers during the festive period. ...

  3. Dispute takes toll on shares of SHKP

    Posted May 24th 2008, 12:00am by Sandy Li

    ... Sandy Li HK$32b wiped off property giant's value Investor jitters over the power struggle at Sun Hung Kai Properties (SHKP) have helped to wipe more than HK$32 billion from ... Ms Hung said. 'There are other choices.' The chances the board would oust Walter Kwok, the eldest of the three Kwok brothers, were high, said Li Kwok-suen, a manager at Philip ...

  4. Kwok family makes late attempt to heal rift

    Posted May 15th 2008, 12:00am by Sandy Li

    ... Sandy Li Representatives of the Kwok brothers met last night in a last-ditch effort to hammer out an amicable settlement in the family dispute that has forced the eldest brother, Walter Kwok Ping-sheung, to step down temporarily as chairman of Sun Hung Kai Properties, a source said. But as of 8.30pm, there was no concrete result although the meeting was continuing, the source ...

  5. Questions over SHKP as home launches are cut

    Posted Mar 10th 2008, 12:00am by Sandy Li

    ... Sandy Li Brushing aside the unresolved chairmanship issue, Sun Hung Kai Properties (SHKP) unveiled a sharp decline in new home launches for this year, putting its earnings prospects ... and not its previous record, but management is having an abrupt change,' said Li Kwok-suen, a fund manager at Philip Capital Management. 'We understand the daily operations remain unchanged, ...

  6. I shall return, says Sun Hung Kai's Walter Kwok

    Posted May 08th 2008, 12:00am by Sandy Li

    ... Sandy Li Walter Kwok Ping-sheung yesterday hinted he would return to work after a two-month leave of absence from chairing Sun Hung Kai Properties. When confronted by reporters before ... said Li Kwok-suen, a fund manager at Phillip Capital Management. Mr Li believed it was just a family issue that led Mr Kwok to step down temporarily as chairman. However, an official company ...

  7. Luxury retailers tap into Guangzhou's shopping appetite

    Posted Sep 08th 2003, 12:00am by Sandy Li

    ... High-end La Perle development highlights growing affluence of China's residents Guangzhou's high-end retail market is undergoing a dramatic makeover, with international luxury goods retailers rushing in. You name it - Prada, Givenchy, Hermes, Lo ...

  8. Property market regains favour

    Posted Aug 15th 2003, 12:00am by Sandy Li

    ... The property investment market rebounded strongly last month as the number of large deals worth more than $40 million rocketed 140 per cent from a year earlier, according to property consultant FPDSavills. Thirteen properties with a total value of $1.5 bi ...

  9. Vincent Cheng makes way for new HSBC taipan

    Posted Oct 07th 2009, 12:00am by Enoch Yiu, Sandy Li

    ... Sandy Li and Enoch Yiu Vincent Cheng Hoi-chuen, the chairman of HSBC Holdings' Asian arm, will move out of the 'taipan' house in the Mid-Levels in February next year to make way for group chief executive and his successor, Michael Geoghegan, says the banking giant. Geoghegan will be relocated to the city from London. However, the search for accommodation for Cheng ...

  10. Family ructions shake Kwok empire

    Posted Feb 24th 2008, 12:00am by Barclay Crawford, Sandy Li

    ... It took the family to sort out a potential crisis for property firm Sun Hung Kai, write Barclay Crawford and Sandy Li Sun Hung Kai Properties and the three brothers who control the company ... is second only to Li Ka-shing's. But unlike Mr Li, whose clashes with son Richard Li Tzar-kai have been aired widely in the press, the Kwoks have managed to keep whatever personal grievances ...




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