Wharf (Holdings) chairman, Peter Woo Kwong-ching meets the press at the Wheelock House headquarters in Central in 2017. Photo: Xiaomei Chen Wharf (Holdings) chairman, Peter Woo Kwong-ching meets the press at the Wheelock House headquarters in Central in 2017. Photo: Xiaomei Chen
Wharf (Holdings) chairman, Peter Woo Kwong-ching meets the press at the Wheelock House headquarters in Central in 2017. Photo: Xiaomei Chen

Hong Kong developer Wharf sells Amazon, Facebook stakes for US$944 million, boosting own privatisation appeal

  • Hong Kong developer sells stakes in Amazon and Facebook in open markets since August last year
  • Sales generate almost US$250 million in surplus over their carrying book values

Topic |   Hong Kong property
Wharf (Holdings) chairman, Peter Woo Kwong-ching meets the press at the Wheelock House headquarters in Central in 2017. Photo: Xiaomei Chen Wharf (Holdings) chairman, Peter Woo Kwong-ching meets the press at the Wheelock House headquarters in Central in 2017. Photo: Xiaomei Chen
Wharf (Holdings) chairman, Peter Woo Kwong-ching meets the press at the Wheelock House headquarters in Central in 2017. Photo: Xiaomei Chen
READ FULL ARTICLE