Wheelock and Co

Wheelock and Co is a Hong Kong-based company that is primarily involved in property investment, property development, property management and agency, and investment holding. It is also involved in the distribution and retail businesses, including Lane Crawford, Joyce and City'Super, with operations in Hong Kong, the British Virgin Islands, the People's Republic of China and Singapore.

Wheelock and Co chairman Peter Woo (left) says he was given the opportunity when he was 36 years old and now, it is time for his son Douglas Woo (right). Photo: K.Y. Cheng

Business climate getting bad, says Peter Woo

The business environment for companies in Hong Kong is deteriorating, says Wheelock and Co chairman Peter Woo Kwong-ching. His remarks came against a backdrop of tighter property regulations, rising operating costs and changing political conditions.