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. 

Sun Hung Kai Properties' Grand Yoho development in Yuen Long. Photo: K. Y. Cheng

SHKP’ Grand Yoho sells 27pc of first batch of units

Sales of Sun Hung Kai Properties’ Grand Yoho development in Yuen Long – the first project to be launched this year – got off to a satisfactory start, selling more than a quarter of the units within two hours.