TOPIC

/ company

Chinachem

The latest news, analysis and opinion on Chinachem. In-depth analysis, industry insights and expert opinion.

Chairman / President

Nina Kung

CEO / Managing Director

Donald Choi

CFO / Finance Director

Ricky Tsang

Industry

Conglomerate

Website

chinachemgroup.hk

Headquarters address

35-38/F, Nina Tower 2, No.8 Yeung Uk Road, Tsuen Wan, Hong Kong

Year founded

before 1960s

The deadly fire at Wang Fuk Court killed 168 people and displaced nearly 5,000. Photo: Eugene Lee

Hong Kong’s Tai Po fire tragedy

Over 300 Wang Fuk Court homeowners to petition Hong Kong’s John Lee for meeting

Owners demand face-to-face session to address concerns over remaining renovation funds, outstanding fees and building safety.

4 hours ago

Hong Kong property

Hong Kong buyers snap up most of 360 flats at 2 projects as confidence returns

14 Mar 2026 - 8:01PM

Hong Kong’s Tai Po fire tragedy

Wang Fuk Court owners’ group mounts defence against ‘smear campaign’ in Hong Kong

6 Jan 2026 - 12:04AM

Hong Kong property

Chinachem secures plot in Hong Kong’s Tsuen Wan for US$318 million

Private developer outbids eight others for the site, which is expected to yield 780 flats.

19 Nov 2025 - 3:33AM

The site is near the Tsuen Wan West MTR station. Photo: Google Maps

Hong Kong property

Hong Kong’s top developers vie for rare Tsuen Wan site in test of land market

Nine bidders have lodged offers for the city’s only residential site this quarter.

14 Nov 2025 - 6:46PM

Hong Kong society

Chinachem Tower blaze in Hong Kong’s Central put out after 4-hour battle, 4 hurt

Pictures and videos circulating online showed scaffolding on fire and black smoke billowing from tower in central business district.

19 Oct 2025 - 1:33AM

Hong Kong courts

Hong Kong court extends bankruptcy of man who forged Nina Wang’s will by 4 years

High Court cites Peter Chan Chun-chuen’s failure to repay debt to tycoon’s estate and suspends his discharge from a 2021 bankruptcy order.

9 Sep 2025 - 5:35PM

Peter Chan Chun-chuen leaves the High Court after he is declared bankrupt in August 2021. Photo: Jasmine Siu

Hong Kong courts

Hong Kong court blocks bankruptcy discharge of man who forged Nina Wang’s will

Convicted forger Peter Chan was due to be discharged from bankruptcy order, but trustees have requested his status be maintained.

8 Aug 2025 - 6:29PM

Hong Kong property

High-end office properties in Causeway Bay to lure major global tenants: JLL

‘Trophy buildings with large floor plates in Causeway Bay will be the new focus of the market and will draw more tenants,’ JLL says.

29 Jun 2025 - 3:32PM

Hong Kong housing

Architect takes helm of Hong Kong’s cash-strapped URA amid mounting challenges

Veteran architect Donald Choi tasked with effectively handling the issues of building decay, as well as the organisation’s financial sustainability.

29 May 2025 - 7:49PM

Veteran property specialist Donald Choi, who has been appointed as the new managing director of the Urban Renewal Authority. Photo: Xiaomei Chen

Hong Kong society

Council overseeing estate of Hong Kong’s Nina Wang to be set up by quarter end

Secretary for Justice Paul Lam says he has started looking for suitable members of council for trustee for more than HK$140 billion estate.

19 Feb 2025 - 7:17PM

The main asset of Nina Wang’s estate is its shareholding in Chinachem Group. Photo: SCMP

Hong Kong property

Hong Kong land sale to fetch around US$76 million amid developer caution

The New Territories site – the only residential plot offered in the previous quarter – has attracted bids from six developers.

24 Jan 2025 - 10:33PM

Hong Kong society

Hong Kong’s justice minister names 3 to oversee estate of late tycoon Nina Wang

Appointees include former Legco president Rita Fan and ex-Hong Kong Monetary Authority CEO Joseph Yam.

6 Jan 2025 - 7:56PM

Chinachem Sustainability Conference

Chinachem Group Sustainability Conference 2024 examines impacts of climate change

Leaders from business, government and academia gather in Hong Kong to discuss sustainability solutions for a more liveable future.

In partnership with:

Chinachem Group

Hong Kong property

Chinachem’s US$131 million bid wins subdued Hong Kong land tender

Developers will remain conservative in their bidding until they see stronger signs of recovery in the housing market, consultants say.

29 Oct 2024 - 8:00PM

A view of the STTL 625 site in Sha Tin. Photo: Handout

Hong Kong property

Hong Kong property: Chinachem’s Cheung Sha Wan project sells out

The developer found buyers for all 198 units in the project, agents said.

27 Oct 2024 - 8:30PM

Hong Kong property

Big Hong Kong developers enter fray for Sha Tin land tender

Site STTL 625, which has an area of 5,652 square metres, can support a total of 570 units.

25 Oct 2024 - 6:17PM

Hong Kong property

Hong Kong property developers lift prices as sentiment improves

Chinachem Group, the developer of Echo House, has raised the price of the second batch of 50 flats by about 4 per cent amid a surge in interest.

22 Oct 2024 - 10:02AM

An artist’s impression of the Echo House residential project in Cheung Sha Wan. Photo: Handout

Hong Kong property

Chinachem to sell Hong Kong flats at 2016 levels as recovery proves elusive

Developers still need to offer discounts as market purchasing power is still not sufficient, according to Martin Wong at Knight Frank.

15 Oct 2024 - 7:36PMvideocam

Hong Kong property

Chinachem’s Nina Hospitality aims to move up market, eyes overseas expansion

Nina’s managing director said it is looking at expanding on the mainland and overseas, while becoming an upscale hotel group in Hong Kong.

8 Sep 2024 - 5:00PM

Hong Kong property

NWD makes progress on cutting debt with repayments, refinancing

The group has received a bid of HK$9 billion for its K11 Art Mall in Tsim Sha Tsui from a subsidiary of China Resources Holdings, according to a local media report.

30 Aug 2024 - 10:03AM

Hong Kong-listed New World Development said it had completed more than HK$16 billion of loan arrangements and debt repayments in July and August. Photo: Shutterstock

Business of climate change

Hong Kong builder Chinachem launches window coating to cut construction waste

Developed with the Nano and Advanced Materials Institute, the reusable coating aims to address losses of up to 30 per cent for windows during construction.

2 Jul 2024 - 9:06PM

The peelable protective coating jointly developed by Chinachem Group and NAMI. Photo: Handout

Hong Kong property

New World touts US$4.5 bn in loans, debt payments as proof of health

Company says it has secured multiple low-cost new loans to replenish its liquidity and increase the proportion of yuan loans as it seeks to control financing costs.

24 Jun 2024 - 10:24PMvideocam

Hong Kong property

Hong Kong developer Chinachem names new CEO as Donald Choi sets retirement

Andy Cheung has been an independent non-executive director since 2022 and before that was an executive with Link Reit.

31 May 2024 - 1:30PM

Hong Kong property

Hong Kong homebuyers snap up all flats at Great Eagle’s Onmantin project

All 260 flats on offer at Onmantin were already on Saturday after the project received 7,500 orders from prospective buyers.

28 Apr 2024 - 5:08PM

Prospective buyers queue up at the Mong Kok sales office of Great Eagle Holdings’ Onmantin residential project on April 27, 2024. Photo: Xiaomei Chen

Hong Kong property

New World sells Hong Kong mall in Tsuen Wan to Chinachem for US$510 million

New World Development has agreed to sell its shopping centre and parking spaces in Tsuen Wan to Chinachem Group for US$510 million, speeding up asset sales to trim its financing costs.

1 Mar 2024 - 4:39PMvideocam

NWD is letting go of the retail portion of D-Park in Tsuen Wan, which has a total area of 630,000 square feet and 1,000 parking spaces. Photo: K. Y. Cheng

Hong Kong property

Hong Kong CEOs to focus on finances, sustainability in 2024 amid property stress

CEOs of major landlords and developers in Hong Kong say priorities for 2024 include offering tenants new, sustainable services and diversifying portfolios.

1 Jan 2024 - 12:33PM

Hong Kong society

Hong Kong to get real-life taste of Jurassic Park at new Science Museum gallery

Massive woolly mammoth skeleton is star attraction in permanent gallery devoted to prehistoric creatures.

15 Sep 2023 - 1:58PM

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Chinachem

Over 300 Wang Fuk Court homeowners to petition Hong Kong’s John Lee for meeting

Owners demand face-to-face session to address concerns over remaining renovation funds, outstanding fees and building safety.

Hong Kong buyers snap up most of 360 flats at 2 projects as confidence returns

Wang Fuk Court owners’ group mounts defence against ‘smear campaign’ in Hong Kong

Chinachem secures plot in Hong Kong’s Tsuen Wan for US$318 million

Private developer outbids eight others for the site, which is expected to yield 780 flats.

Hong Kong’s top developers vie for rare Tsuen Wan site in test of land market

Nine bidders have lodged offers for the city’s only residential site this quarter.

Chinachem Tower blaze in Hong Kong’s Central put out after 4-hour battle, 4 hurt

Pictures and videos circulating online showed scaffolding on fire and black smoke billowing from tower in central business district.

Hong Kong court extends bankruptcy of man who forged Nina Wang’s will by 4 years

High Court cites Peter Chan Chun-chuen’s failure to repay debt to tycoon’s estate and suspends his discharge from a 2021 bankruptcy order.

Hong Kong court blocks bankruptcy discharge of man who forged Nina Wang’s will

Convicted forger Peter Chan was due to be discharged from bankruptcy order, but trustees have requested his status be maintained.

High-end office properties in Causeway Bay to lure major global tenants: JLL

‘Trophy buildings with large floor plates in Causeway Bay will be the new focus of the market and will draw more tenants,’ JLL says.

Architect takes helm of Hong Kong’s cash-strapped URA amid mounting challenges

Veteran architect Donald Choi tasked with effectively handling the issues of building decay, as well as the organisation’s financial sustainability.

Council overseeing estate of Hong Kong’s Nina Wang to be set up by quarter end

Secretary for Justice Paul Lam says he has started looking for suitable members of council for trustee for more than HK$140 billion estate.

Hong Kong land sale to fetch around US$76 million amid developer caution

The New Territories site – the only residential plot offered in the previous quarter – has attracted bids from six developers.

Hong Kong’s justice minister names 3 to oversee estate of late tycoon Nina Wang

Appointees include former Legco president Rita Fan and ex-Hong Kong Monetary Authority CEO Joseph Yam.

.css-12ooj4n{font-family:Roboto Condensed,Roboto Condensed fallback,sans-serif;}Chinachem Group Sustainability Conference 2024 examines impacts of climate change

Leaders from business, government and academia gather in Hong Kong to discuss sustainability solutions for a more liveable future.

Chinachem’s US$131 million bid wins subdued Hong Kong land tender

Developers will remain conservative in their bidding until they see stronger signs of recovery in the housing market, consultants say.

Hong Kong property: Chinachem’s Cheung Sha Wan project sells out

The developer found buyers for all 198 units in the project, agents said.

Big Hong Kong developers enter fray for Sha Tin land tender

Site STTL 625, which has an area of 5,652 square metres, can support a total of 570 units.

Hong Kong property developers lift prices as sentiment improves

Chinachem Group, the developer of Echo House, has raised the price of the second batch of 50 flats by about 4 per cent amid a surge in interest.

Chinachem to sell Hong Kong flats at 2016 levels as recovery proves elusive

Developers still need to offer discounts as market purchasing power is still not sufficient, according to Martin Wong at Knight Frank.

Chinachem’s Nina Hospitality aims to move up market, eyes overseas expansion

Nina’s managing director said it is looking at expanding on the mainland and overseas, while becoming an upscale hotel group in Hong Kong.

NWD makes progress on cutting debt with repayments, refinancing

The group has received a bid of HK$9 billion for its K11 Art Mall in Tsim Sha Tsui from a subsidiary of China Resources Holdings, according to a local media report.

Hong Kong builder Chinachem launches window coating to cut construction waste

Developed with the Nano and Advanced Materials Institute, the reusable coating aims to address losses of up to 30 per cent for windows during construction.

New World touts US$4.5 bn in loans, debt payments as proof of health

Company says it has secured multiple low-cost new loans to replenish its liquidity and increase the proportion of yuan loans as it seeks to control financing costs.

Hong Kong developer Chinachem names new CEO as Donald Choi sets retirement

Andy Cheung has been an independent non-executive director since 2022 and before that was an executive with Link Reit.

Hong Kong homebuyers snap up all flats at Great Eagle’s Onmantin project

All 260 flats on offer at Onmantin were already on Saturday after the project received 7,500 orders from prospective buyers.

New World sells Hong Kong mall in Tsuen Wan to Chinachem for US$510 million

New World Development has agreed to sell its shopping centre and parking spaces in Tsuen Wan to Chinachem Group for US$510 million, speeding up asset sales to trim its financing costs.

Hong Kong CEOs to focus on finances, sustainability in 2024 amid property stress

CEOs of major landlords and developers in Hong Kong say priorities for 2024 include offering tenants new, sustainable services and diversifying portfolios.

Hong Kong to get real-life taste of Jurassic Park at new Science Museum gallery

Massive woolly mammoth skeleton is star attraction in permanent gallery devoted to prehistoric creatures.

Chinachem Group Sustainability Conference 2024 examines impacts of climate change