K Wah International

K Wah International Holdings invests in and develops real estate in Hong Kong, China, and Southeast Asia. It owns a controlling stake in K Wah Construction Materials, which sells and distributes concrete pipes and aggregates; and makes and distributes ready-mixed concrete and precast concrete products. 

K Wah aims to double its investment property portfolio

K Wah is cautiously optimistic about the market outlook despite a pick-up in transaction volumes in Hong Kong. Photo: Bloomberg

K Wah International aims to double its investment property portfolio to 200,000 square metres in the next three to four years in a bid to enhance its recurrent income after first-half profit sank 76 per cent to HK$214 million due to a sharp fall in property sales.

Thursday, 7 May, 2015, 5:25pm 1 comment

Developer K Wah gears up to boost investment property stock

K Wah chairman Lui Che-woo says the company will continue to invest equally in Hong Kong and on the mainland. Photo: SCMP

Hong Kong-listed developer K Wah International plans to expand its investment property portfolio and speed up its development cycle after recording a 66.34 per cent fall in underlying profit last year.

Underlying profit plunged from HK$4.13 billion in 2012 to HK$1.39 billion last year, when fewer Hong Kong projects were completed.

27 Mar 2014 - 1:01am 1 comment

K Wah joins the frenzy over Shanghai zone

K Wah International chairman Lui Che-woo says there are plenty of opportunities around the world. Photo: SCMP

Hong Kong developer K Wah International has jumped on the bandwagon of the free-trade zone in Shanghai, hoping its upcoming residential project near the zone may anchor its expansion plans in the mainland's commercial hub.

30 Sep 2013 - 5:02am 1 comment

K Wah International gloomy about Hong Kong property as it reports profit slump

Lui Che-woo, chairman of K Wah International. Photo: Sam Tsang

K Wah International forecasts Hong Kong property prices to fall 10 per cent to 20 per cent if the government keeps its cooling measures in place.

30 Aug 2013 - 3:40am 2 comments

K Wah keeps the faith despite curbs

Marinella, a residential joint-venture project by K. Wah International, Sino Land and Nan Fung Development. Photo: Nora Tam

K Wah International, the mid-tier developer, plans to speed up sales of mainland projects to offset the impact of cooling measures on both sides of the border.

7 May 2015 - 12:48pm

Monday Face: Lui Che-woo

Chariman of K Wah Group and Galaxy Entertainment Group, Lui Che-woo at last year's Galaxy Macau Resort opening. Photo: Jonathan Wong

If you are not familiar with the industry, don't do the business - so goes the Chinese idiom intended as a warning to potential entrepreneurs not to start a business in unfamiliar industry and so avoid failure.

10 Dec 2012 - 1:51pm

Market Open:Hong Kong stocks seen higher on easing hopes after disappointing China PMI

Hong Kong stocks may open higher after a two-day National Holiday break on speculation that more easing measures could be in the pipeline to revive growth 

3 Oct 2012 - 9:57am

Despite cooling efforts, HK land auctions fetch record-breaking prices

Despite the government's efforts to cool the property market, residential sites in Tseung Kwan O and Peng Chau have been sold for record-breaking amounts.

The results of the tender for the two sites, which closed on September 21, were announced yesterday.

29 Sep 2012 - 2:30am

K Wah targets HK buyers for latest luxury Shanghai flats

K Wah International Holdings expects a third of buyers of its high-end apartments in Shanghai will be from Hong Kong as it believes Beijing's measures to cool the property market won't dent the enthusiasm of investors from elsewhere.

7 May 2015 - 5:25pm

French chateau inspires K Wah

K Wah International Holdings tells LuxeHomes it plans to price its new luxury property, Chantilly, in Stubbs Road 'with reference' to the Nicholson Hill Road site which was sold in a government auction in July. The Nicholson Hill Road site fetched HK$32,014 per square foot. K Wah is reportedly looking for an average of about HK$40,000 per square foot.

7 May 2015 - 5:25pm

Residential property sales propel K Wah core gains 1,048pc higher

K Wah International, a mid-tier developer run by gaming tycoon Lui Che-woo, said profit surged 1,048 per cent last year as it booked sales at three residential projects.

Its underlying earnings, excluding gains from the disposal of Galaxy Entertainment Group's shares and a property revaluation, rose to HK$800 million from HK$69.7 million a year earlier.

3 Apr 2008 - 12:00am

Shanghai project lifts earnings at K Wah

K Wah International Holdings yesterday said first-half underlying profit rose to HK$270 million from a loss a year earlier, thanks to sales of a residential project in Shanghai.

The turnaround came from the completion of phase one of Shanghai Westwood.

7 May 2015 - 5:25pm

In Brief

David Li boosts stake in Bank of East Asia

David Li Kwok-po, the chairman and chief executive of Bank of East Asia, increased his stake in the lender to 2.37 per cent from 2.33 per cent, according to a disclosure to the stock exchange.

It said Mr Li bought 500,000 shares at an average of HK$44.86 each on August 3, raising his total stake to 37.11 million shares.

9 Aug 2007 - 12:00am

K Wah bids HK$525m for Tuen Mun site

K Wah International, a mid-tier developer run by gaming tycoon Lui Che-woo, has triggered a government auction of a low-density residential site in Tuen Mun.

The Lands Department yesterday announced the government had accepted K Wah International's minimum bid of HK$525 million, or HK$2,201 per square foot, for the site.

24 Apr 2007 - 12:00am

K Wah pays HK$358m for rest of Hang Hin

K Wah International, a mid-tier Hong Kong developer, paid HK$358 million in an auction yesterday to buy the remaining units at Hang Hin Mansion in Mid-Levels, 26 per cent higher than the floor price.

2 Mar 2007 - 12:00am

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