Former government number two Rafael Hui Si-yan is to face a new charge that he “concealed” alleged corrupt payments of more than HK$11 million when Hong Kong’s biggest ever corruption case returns to court next week.Friday, 1 March, 2013, 11:09pm
Tycoon Lee Shau-kee yesterday cast a note of caution over the profitability of the city's real estate sector, warning that developers' profit margins would be squeezed by rising construction costs and increased land supply.20 Jul 2012 - 12:00am
Investors used to love Sun Hung Kai Properties and its professional management by the three billionaire Kwok brothers who formed what was called an iron triangle. But their bitter family feud and now corruption charges against two of the brothers reveal once again the limits and unreliability of family-controlled business empires in Hong Kong.16 Jul 2012 - 12:00am
Once seen as being unprepared for command of Hong Kong's largest property developer, the third generation of the Kwok family has finally been entrusted with the task of controlling Sun Hung Kai Properties.14 Jul 2012 - 12:00am
Ex-chief secretary Rafael Hui Si-yan took more than HK$34 million worth of bribes from the billionaire Kwok brothers and two others in return for favours, the ICAC alleged yesterday.
The graft-buster charged Thomas Kwok Ping-kwong and Raymond Kwok Ping-luen - co-chairmen of Sun Hung Kai Properties - and Hui with bribery and public misconduct.14 Jul 2012 - 12:00am
An unprecedented anti-corruption investigation into the tycoon brothers who head Hong Kong's richest property dynasty and their alleged links to a former top government official will reach a critical stage just days after the city's new leader is sworn in on July 1.24 Jun 2012 - 12:00am
The Kwok brothers who run Hong Kong's Sun Hung Kai Properties, have quietly hired a crisis manager to help them navigate through one of the highest-level corruption probes in the history of the anti-graft agency, the Independent Commission Against Corruption.16 May 2012 - 12:00am
The arrest of the joint chairmen of Sun Hung Kai Properties (SHKP) has turned the spotlight on the company's senior management and raised a key question: which of the company's veteran executives are capable of taking over if the Kwok brothers cannot perform their day-to-day roles?16 May 2012 - 12:00am
The arrest of all three Kwok brothers at the top of Sun Hung Kai Properties in a corruption investigation has deepened concern about succession at the firm.
Their children, the third generation of Kwoks, are not seen as being ready to take command of the listed developer, in which the family retains a controlling stake.5 May 2012 - 12:00am
The third Kwok brother, Walter Kwok Ping-sheung, has been arrested as part of Hong Kong's biggest anti-corruption probe, it emerged yesterday.5 May 2012 - 12:00am