Sun Hung Kai Properties

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.

COURTS

Rafael Hui to face new corruption charge

2 Mar 2013

Former chief secretary Rafael Hui Si-yan will face a new charge that he "concealed"' alleged payments of more than HK$11 million when Hong Kong's biggest ever corruption case returns to court next...

SHKP cuts property sales target as first-half profit falls

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...

Hong Kong property shares fall on fresh housing curbs

25 Feb 2013

Shares of Hong Kong property companies like Cheung Kong Holdings and Sun Hung Kai Properties fell to their lowest in nearly two months on Monday with realtors taking the bigger hit after the city’...

No holiday for property agents as flats snapped up

14 Feb 2013

Sun Hung Kai Properties, which launched Residence 88 in Yuen Long on Wednesday, said the project attracted a keen response. The developer expected about 100 flats to be sold by the end of the...

Developers extend rally amid absence of curbs

18 Jan 2013

Shares of property developers continued to climb yesterday after Wednesday's gains on relief that no harsh cooling measures were announced in the annual policy address by chief executive.

Opinion

Jake Van Der Kamp

An age-old problem and the sums that just don't add up

Howard Winn

HSBC suffers the Taibbi treatment in Rolling Stone

Shirley Yam

How tycoons' IPO 'losses' may hide profits at herd's expense

Sun Hung Kai Properties admits damage to historic wall in Ma Wan

A historic wall in Ma Wan was partly knocked down while under the charge of Sun Hung Kai Properties as it pursued the development of much-delayed leisure facilities on the island, the company said...

Flat launches will give Hong Kong housing market a boost, analysts say

Upcoming flat launches are expected to give the local home market a boost amid improved buying sentiment after the Christmas and New Year's holiday break, say agents and property analysts.

Sun Hung Kai Properties Wings II flats priced cheaper than planned

Sun Hung Kai Properties yesterday priced the first 50 flats at The Wings II project at HK$10,688 per square foot, about a third lower than it originally intended, and also cheaper than the...

PROPERTY

SHKP trims luxuries at top end of town

Sun Hung Kai Properties, Hong Kong's largest developer, will cut the number of "super luxury" features in its new projects as cashed-up buyers retreat following the introduction of the anti-...

PROPERTY

Lai Sun Development promises more partnerships

Lai Sun Development hinted yesterday that its partnership with Sun Hung Kai Properties' ousted chairman Walter Kwok Ping-sheung to develop a HK$6 billion residential project on a recently acquired...

PEOPLE IN PROPERTY

Sun Hung Kai's Beijing manager Ian Choy has learned to adapt

Fifteen years ago, the concept of a "shopping mall" was still new in Beijing when Ian Choy Chi-keung, chief local representative of Sun Hung Kai Properties, was tasked with opening a new shopping...