Hung Kai

Prodigy sues police chief for prejudice

A 12-year-old prodigy is suing the police for discriminating against his Indian race after he was arrested for assaulting a woman when, according to him, he was the one being beaten.

Friday, 18 November, 2011, 12:00am

SHKF set for growth spurt

At a time when a number of financial institutions are laying off staff, Sun Hung Kai Financial (SHKF) is increasing its ambitions. The company is recruiting for entry to senior vice-president positions, seeking candidates who align with the institution's mission and values.

18 Nov 2011 - 12:00am

Sun Hung Kai impresses S&P

Standard & Poor's has raised its long-term corporate credit rating on Sun Hung Kai Properties to A+ from A. The outlook is 'stable'. S&P also raised ratings on all issuances by the company's financing vehicles Sun Hung Kai Properties (Capital Market) and Sun Hung Kai Properties (Financial Services) to A+ from A.

18 Dec 2010 - 12:00am

Housing development could set NT records

In the midst of the government's efforts to cool rising home prices, Sun Hung Kai Properties yesterday said it would build a housing development that could set record-breaking prices for the New Territories.

The world's largest developer by market value said it would launch Valais, at Beas River in Sheung Shui, in the coming weeks.

26 Aug 2010 - 12:00am

SHKP rent income to hit HK$300m at apm mall

Sun Hung Kai Properties expects annual rental income at its flagship apm shopping centre in East Kowloon will increase 10 per cent to HK$300 million this year.

Maureen Fung Sau-yim (right), the general manager for leasing at Sun Hung Kai Real Estate, said rents for 10 new leases at apm had been renewed at rates 30 per cent higher than the previous terms.

13 Nov 2009 - 12:00am

Masterpiece partners sell 130 flats in 2 days

Buoyant buying sentiment in Hong Kong's luxury residential market has helped New World Development and the Urban Renewal Authority reap about HK$3.8 billion from the sale of flats in Tsim Sha Tsui.

The developers said they sold more than 130 units at their luxury residential joint venture, the Masterpiece, over the weekend.

31 Aug 2009 - 12:00am

Corrections & clarifications

In the story 'Jewellery firm's founders sued for HK$100m' on page 1 of City yesterday, Sun Hung Kai Investments Services is in fact suing Quality Prince Limited for HK$50.9 million. The other four parties named in the writ, including the founders of 3D-Gold Jewellery Holdings, are being sued as guarantors to Quality Prince. We apologise for the error.

17 Oct 2008 - 12:00am

Thursday Think-tank

Five things we're all wondering about

1 Historic stone pier found at Kai Tak ... apparently it was covered over in 1920 by reclamation despite Qing dynasty protesters camping out to save it

2 Walter Kwok Ping-sheung demoted and losing Sun Hung Kai chairman's post to mother ... she also grounded him to his room without dinner until he behaves

29 May 2008 - 12:00am

What's On

NEW YORK ART EXHIBITION

Get an insight into the historic New York Underground scene - soaked in pop and punk, hippie and disco - at the photography exhibition Bande a part - New York Underground '60s '70s '80s.

24 Aug 2007 - 12:00am

SUN HUNG KAI SEEKS FLOAT RULE EXEMPTION

Financial services group Sun Hung Kai is seeking a temporary exemption from maintaining its public float at the mandatory 25 per cent until it completes a repurchase offer. The company said yesterday that its public float stood at 20.34 per cent as of November 21.

11 Jun 2015 - 4:03pm

Sun Hung Kai profit slumps

Sun Hung Kai & Co has posted a 71.85 per cent decline in attributable profit to $85.24 million for last year. Turnover tumbled 34.27 per cent to $581.31 million. Earnings per share were 7.3 cents, down from 27 cents previously.

29 Apr 1999 - 12:00am

Developer denies pact on trees

A property developer yesterday denied it had agreed to preserve fung shui trees planted by ancestors of Ma On Shan villagers.

Residents of Sai O claim Sun Hung Kai - which is building a missionary school on farmland north of their village - had agreed to leave the 120 trees untouched.

12 Mar 1998 - 12:00am

Sun Hung Kai hits $447.4m

Brokerage Sun Hung Kai & Co, ultimately held by Allied Group, says net profit rose almost nine-fold to $447.4 million in the six months to June. It said profit was boosted by the sale of a property and the buoyant stock market. It recorded a $210.65 million exceptional item, mainly from the sale.

22 Aug 1997 - 12:00am

SHK at mercy of volatile market

Sun Hung Kai Company Recommendation: Sell Brokerage: Sassoon Securities THE company's prospects will remain static in the near term.

Deeply entrenched in the securities business, Sun Hung Kai's fortunes will continue to be suspectible to local market swings - given its rather narrow earnings base.

7 May 1995 - 12:00am

Amazing Kwoks a hard act to follow

THE Kwok brothers, Walter, Thomas and Raymond - admired about town as great strategists - appear to have done it again.

Defying gravity, the Sun Hung Kai trio appear to have made their profits and margins rise in a falling sales market.

25 Mar 1995 - 12:00am

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