Chow Tai Fook Enterprises
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Chow Tai Fook Enterprises
Chow Tai Fook group is a Hong Kong–based, privately-owned conglomerate with holdings in the jewellery, property development, hotel, department store, transportation, energy, telecommunications, port, casino, and other businesses. Despite the holding companies of the group, namely Chow Tai Fook Capital Limited, Chow Tai Fook (Holding) Limited, Chow Tai Fook Enterprises Limited, etc. being privately owned, the group has been partially listed on the stock market via associate company New World Development (, listed since 1972) and subsidiary Chow Tai Fook Jewellery Group Limited (, listed since 2011). As of 31 December 2018, New World Development was ranked as the 47th-largest company by market capitalization on the Stock Exchange of Hong Kong, which was HK$105.68061 billion. However, the size of the unlisted portion of the Chow Tai Fook business empire is unclear. The ''Financial Times'' quoted one banker of the Cheng Yu-tung family, who said, "You can't look at hengYT wi ...
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Queen's Road Central
Queen's Road is a collection of roads along the northern coast of Hong Kong Island, in Hong Kong, within the limit of Victoria, Hong Kong, Victoria City. It was the first road in Hong Kong, constructed History of Hong Kong (1800s–1930s), by the British between 1841 and 1843, spanning across Victoria City from Shek Tong Tsui to Wan Chai. At various points along the route, Queen's Road marks the original shoreline before Land reclamation in Hong Kong, land reclamation projects permanently extended land into Victoria Harbour. The four sections of the roads are, from west to east: Queen's Road West (Chinese language, Chinese: 皇后大道西), Queen's Road Central (皇后大道中), Queensway (Hong Kong), Queensway (金鐘道), and Queen's Road East (皇后大道東). History The road was originally 4 miles (6.5 km) long. The Royal Engineers built the first section to Sai Ying Pun with the help of 300 coolies from Kowloon (Hong Kong), then a territory of China. This section ...
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Portuguese Macau
Portuguese Macau (officially the Province of Macau until 1976, and then the Autonomous Region of Macau from 1976 to 1999) was a Portuguese Empire, Portuguese colony that existed from the first official Portuguese settlement in 1557 to the end of colonial rule and the transfer of sovereignty over Macau to the China, People's Republic of China in 1999. It comprised the Municipality of Macau and the Municipality of Ilhas. Macau was both the first and last European holding in China. Overview History of Macau, Macau's history under Portugal can be broadly divided into three distinct political periods.Cardinal 2009, p. 225 The first was the establishment of the Portuguese settlement in 1557 until 1849.Halis 2015, pp. 70–71 There was a system of mixed jurisdiction; the Portuguese had jurisdiction over the Portuguese community and certain aspects of the territory's administration but had no real sovereignty. The second was the ''colonial period'', which scholars generally place ...
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New World Hotels (Holdings)
New World Hotels (Holdings) Limited, formerly known as Kai Tak Land Investment Limited, is a former Hong Kong-listed company and currently a wholly owned subsidiary of New World Development. History The company was incorporated as Victoria Park Hotel Limited in 1957 in British Hong Kong.Data in Hong Kong Companies Registry; mirrored data iopencorporates.com/ref> It soon renamed as Kai Tak Land Investment in 1961. Kai Tak Land Investment became a listed company in the and Kam Ngan Stock Exchange () in 1972. The exchanges were the predecessors of the Stock Exchange of Hong Kong. The company was the developer of a building of the same name, Kai Tak Commercial Building. However, it is located in Des Voeux Road Central, Sheung Wan, Hong Kong Island, instead of the area near the Kai Tak Airport, eastern Kowloon. The company also owned some leaseholds of crown land in Tai Kok Tsui, western Kowloon for development into residential buildings. In October 1976, the controlling stake of t ...
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NWS Holdings
NWS Holdings Limited () is the conglomerate flagship of New World Development. It was established in 2002 when its predecessor, Pacific Ports Company Limited, acquired New World Services Limited from New World Development and the infrastructure assets from New World Infrastructure Limited. The company is headed by Henry Cheng, the elder son of Dr Cheng Yu-tung, the chairman of New World Development. The company invests and operates a wide range of businesses predominantly in Hong Kong and the Mainland. Business includes toll roads, construction and insurance, while they also manage a strategic portfolio spanning sectors from logistics to facilities management. Business units include: Construction: Hip Hing Construction Insurance: FTLife Logistics : ATL Logistics Centre Facilities Management: the management of Hong Kong Convention and Exhibition Centre ; Free Duty, Gleneagles Hong Kong Hospital Before 2020, the company was involved in infrastructure and service busine ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Cayman Islands
The Cayman Islands () is a self-governing British Overseas Territory—the largest by population in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located to the south of Cuba and northeast of Honduras, between Jamaica and Mexico's Yucatán Peninsula. The capital city is George Town on Grand Cayman, which is the most populous of the three islands. The Cayman Islands is considered to be part of the geographic Western Caribbean Zone as well as the Greater Antilles. The territory is a major world offshore financial centre for international businesses and wealthy individuals, largely as a result of the state not charging taxes on any income earned or stored. With a GDP per capita of $91,392, the Cayman Islands has the highest standard of living in the Caribbean. Immigrants from over 130 countries and territories reside in the Cayman Islands. History No archaeological evidence for an indigenous ...
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Sham Shui Po
Sham Shui Po is an area of Kowloon, Hong Kong, situated in the northwestern part of the Kowloon Peninsula, north of Tai Kok Tsui, east of Cheung Sha Wan and south of Shek Kip Mei (). It is located in and is the namesake of the Sham Shui Po District. A predominately lower-income neighborhood, Sham Shui Po is one of the densest and most vibrant neighbourhoods in Hong Kong. It has a diverse mix of migrants from rural China, working-class families and seniors, with many living in cage homes, subdivided flats and public housing estates. Sham Shui Po has many lively street markets, electronics outlets, fabric stores, restaurants and food vendors. It is famous for Golden Computer Shopping Arcade for bargain electronics and accessories. History The discovery in 1955 of the Lei Cheng Uk Han Tomb indicates that as early as 2000 years ago there were Chinese people settled in what is now Sham Shui Po. Sham Shui Po means "Deep Water Pier" in Cantonese. At the time, the water in Sha ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Hong Kong Economic Times
The ''Hong Kong Economic Times'' (abbreviated as the ''HKET'') is a financial daily newspaper in Hong Kong. It was founded by Lawrence S P Fung (), (chairman), Perry Mak (managing director), Arthur Shek Kang-chuen ()(executive director) and other founders with a HK$20 million investment in 1988. The newspaper is published by Hong Kong Economic Times Holdings Limited. It has been listed on the main board of the Stock Exchange of Hong Kong since 3 August 2005. Magazine tie-ins with ''HKET'' :*''Money Times'' (weekly:Mondays) – information about stock market trends, wealth management, foreign exchange and funds. Financial experts give tips for investment. :*''Property Times'' (weekly:Saturdays) – a property magazine with features and practical tips for transactions, interior design; also cover properties in the mainland. (Also for retail sale) hket.com A digital edition of ''HKET'', hket.com, covers the content from the print edition and a news archive since 2005. ''HKET'' ...
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Hong Kong 1967 Leftist Riots
The 1967 Hong Kong riots were large-scale anti-government riots that occurred in Hong Kong during British Hong Kong, British colonial rule. Beginning as a minor labour dispute, the demonstrations eventually escalated into protests against the British colonial government. The protests were also partially inspired by riots that had occurred just a few months prior in Portuguese Macau, known as the 12-3 incident, which were ultimately much more successful on the side of the protesters. The use of improvised explosive device, roadside bombs and petrol bombs by protesters prompted the Hong Kong Police Force to raid the demonstrators' strongholds and arrest their leaders. Several demonstrators, as well as a few police officers, were killed in the subsequent violence. As many of the bombs were made in communist-leaning schools, then governor David Trench decided to close those schools and banned communist publications in the colony. The protests occurred in the backdrop of the Cultur ...
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New World China Land
New World China Land Limited is a wholly owned subsidiary of Hong Kong-based conglomerate New World Development, itself part of Chow Tai Fook group. New World China Land was spin off from New World Development in 1999 as a separate listed company. However, it was privatized again by New World Development in 2016. New World China Land is headquartered in 9/F, New World Tower 1, on 8 Queen's Road Central, Hong Kong Island. History New World China Limited is a company incorporated in the Cayman Islands as an exempted company, the legal name for the offshore company in that territory, on 28 August 1996. The company was registered in Hong Kong as a "registered non-Hong Kong company" on 17 May 1999. It became a listed company on 16 July 1999 as New World China Land Limited, which owned the China part of the real estate division of New World Development (NWD Group), a blue-chip listed company of Hong Kong. New World China Land owned some hotels that was independent from another sub-hold ...
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New World Department Store China
New World Department Store China Limited is a Hong Kong-based holding company for department store chains in the Mainland China. New World Department Store China is a subsidiary of another listed company New World Development. It has self-owned stores and managed stores in Mainland China and in the past in Hong Kong. It operates under two brands: "New World" () and ''Ba-li Chun-tian'' (). The chairman is Henry Cheng, the son of the Hong Kong billionaire, Cheng Yu-tung. It was listed on the Stock Exchange of Hong Kong with IPO price of HK$5.8 per share. See also *New World China Land New World China Land Limited is a wholly owned subsidiary of Hong Kong-based conglomerate New World Development, itself part of Chow Tai Fook group. New World China Land was spin off from New World Development in 1999 as a separate listed compan ... References External links * Companies listed on the Hong Kong Stock Exchange Civilian-run enterprises of China Department stores of Hong Kong ...
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