The government should revive land exchange entitlements to speed up its plan for large-scale rural redevelopment in the New Territories, according to Walter Kwok Ping-sheung, the former chairman...
- Thu
- Jun 20, 2013
- Updated: 8:24am
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SHKP
Sun Hung Kai Properties is one of Hong Kong’s largest property groups, with revenue of HK$68.4 billion in the 2011-2012 financial year, and profit attributable to shareholders of HK$43.08 billion. The company has been shaken in recent years by disputes between family members, with chairman and chief executive Walter Kwok being forced to step down in a dispute with his brothers Thomas and Raymond. In March, the Independent Commission Against Corruption (ICAC) arrested senior officials as part of a corruption probe that also included former chief secretary Rafael Hui.
10 May 2013
Sun Hung Kai Properties, Hong Kong's biggest developer by value, says it is optimistic about the Central office market even after rents last year dropped the most since the 2008 credit crisis.
5:09AM
23 Mar 2013
Sun Hung Kai Properties' release yesterday of the first batch of 50 flats at its luxury Riva residential project in Yuen Long underscored the weakening property market.
3:41AM
4 Mar 2013
It is the second developer to cut its sales forecast, following Sun Hung Kai Properties' announcement last week that it would lower its sales target by 8.5 per cent.
4:30AM
28 Feb 2013
The fall in sales for the full year would be unavoidable, said Victor Lui Ting, a deputy managing director of SHKP, because of the measures imposed by the government to rein in property price...
5:48AM
The co-chairmen of Sun Hung Kai Properties, who have been charged with bribery-related offences, hint that they have no plans to step down temporarily despite being involved in a legal battle that...
11:53AM
The worst may be over for shares in Sun Hung Kai Properties (SHKP), which appear to have fully priced in the corruption investigation into the company's billionaire co-chairmen.
9:33PM
Analysts expect short-term volatility in Sun Hung Kai Properties' stock after its joint chairmen, Thomas Kwok Ping-kwong and Raymond Kwok Ping-luen, begin a legal battle that is expected to last...
9:15PM
Until they were arrested yesterday, the Kwok brothers were primarily known as hardworking visionaries who helped build Sun Hung Kai into one of the biggest property developers in Hong Kong.
11:38AM
Former Sun Hung Kai Properties chairman Walter Kwok Ping-sheung (right) said he was disappointed by the conclusion drawn by an audit committee on the company's governance which cleared it of any...
5:48AM
Sun Hung Kai Properties (SHKP) is marketing its office developments in Hong Kong, Beijing and Shanghai with well-defined branding while building landmark structures that reinforce Hong Kong's...
3:50PM
7:47AM
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