In the age of 'here today, gone tomorrow' start-ups, it is a miracle that any Hong Kong companies have survived for more than 100 years.
But according to the Hong Kong General Chamber of Commerce there are about 20 century-old companies in the city. The South China Morning Post, established in 1903, is one of them.
Also on the list are two department stores in Central - Sincere Department Stores, which turned 111 this year, and its rival Wing On Department Stores, which was founded in 1907. The Chinese Gold and Silver Exchange Society, the local gold exchange, also celebrated its centenary last year.
But even they are spring chickens when compared with other firms, according to the chamber of commerce, which last Friday celebrated its 150th year.
The chamber said its first member when it was founded in 1861 was Standard Chartered Bank. The bank's predecessor, Chartered Bank of India, Australia & China, was founded in 1859 in the city. HSBC, now the largest lender in the city, opened its doors in 1865. Jardine Matheson & Co, a trading and retail conglomerate, also joined the chamber in the same year as the 62 founding members.
Jardine set up in Hong Kong even earlier than Standard Chartered Bank. The firm was established in Hong Kong in 1842 when the island had just been ceded by China and became a British colony. The company has offices in Hong Kong, Shanghai, Fuzhou and Tianjin.
As such it should be considered the city's oldest firm - it still owns a majority of properties in Central, the Mandarin Oriental hotel, supermarket chains, and shipping and transport interests.