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Hui Xian REIT
Hui Xian REIT () is a real estate investment trust demerged from Cheung Kong Holdings. It is the first product listed on the Hong Kong Stock Exchange denominated in yuan. When it launched its IPO in 2011, its main asset is , a business park A business park or office park is a designated area of land in which many office buildings are grouped together. These types of developments are often located in suburban areas where land and building costs are more affordable, and are typically ... in Beijing. In 2012, Hui Xian REIT had the second highest market capitalization among REITs in Hong Kong. As of 2019, its portfolio included shopping malls, office buildings, serviced apartments, and hotels. References {{Authority control Real estate investment trusts of Hong Kong Companies listed on the Hong Kong Stock Exchange ...
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Oriental Plaza 20160825
The Orient is a term for the East in relation to Europe, traditionally comprising anything belonging to the Eastern world. It is the antonym of ''Occident'', the Western World. In English, it is largely a metonym for, and coterminous with, the continent of Asia, loosely classified into the Western Asia, Southeast Asia, South Asia, Central Asia, East Asia, and sometimes including the Caucasus. Originally, the term ''Orient'' was used to designate only the Near East, and later its meaning evolved and expanded, designating also the Middle East, Central Asia, South Asia, Southeast Asia, or the Far East. The term ''oriental'' is often used to describe objects from the Orient; however in the United States it is considered an outdated and often offensive term by some, especially when used to refer to people of East Asian and Southeast Asian descent. Etymology The term "Orient" derives from the Latin word ''oriens'' meaning "east" (lit. "rising" < ''orior'' " rise"). The use of the w ...
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Real Estate Investment Trust
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate. Most countries' laws on REITs entitle a real estate company to pay less in corporation tax and capital gains tax. REITs have been criticised as enabling speculation on housing, and reducing housing affordability, without increasing finance for building. REITs can be publicly traded on major exchanges, publicly registered but non-listed, or private. The two main types of REITs are equity REITs and mortgage REITs (mREITs). In November 2014, equity REITs were recognized as a distinct asset class in the Global Industry Classification Standard by S&P Dow Jones Indices and MSCI. The key statistics to examine the financial position and operation of a REIT include n ...
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Demerger
A demerger is a form of corporate restructuring in which the entity's business operations are segregated into one or more components. It is the converse of a merger or acquisition. A demerger can take place through a spin-off by distributed or transferring the shares in a subsidiary holding the business to company shareholders carrying out the demerger. The demerger can also occur by transferring the relevant business to a new company or business to which then that company's shareholders are issued shares of. In contrast, divestment can also "undo" a merger or acquisition, but the assets are sold off rather than retained under a renamed corporate entity. Demergers can be undertaken for various business and non-business reasons, such as government intervention, by way of antitrust law, or through decartelization. See also * Equity carve-out *Successor company A successor company takes the business (products and services) of the previous companies with the goal to maintain th ...
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Cheung Kong Holdings
Cheung Kong (Holdings) Limited, is a multinational conglomerate, based in Hong Kong. It was one of Hong Kong's leading multi-national conglomerates. The company merged with its subsidiary Hutchison Whampoa on 3 June 2015, as part of a major reorganisation, to become part of CK Hutchison Holdings. The Chairman of Cheung Kong Holdings was Li Ka Shing (李嘉誠), while his elder son, Victor Li (李澤鉅), was Managing Director and Deputy Chairman. Li Ka Shing founded Cheung Kong Industries in 1950s as a plastics manufacturer. Under his leadership, the company grew rapidly and eventually evolved into a property investment company. "Cheung Kong (Holdings) Limited" was established in 1971. The Cheung Kong Group is one of the largest developers of residential, office, retail, industrial and hotel properties in Hong Kong. With its long history of property development expertise and residential estates, Cheung Kong Holdings has built many of Hong Kong's most notable landmark buildi ...
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Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is reported as the fastest growing stock exchange in Asia. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME. The physical trading floor at Exchange Square was closed in October 2017. History The Hong Kong securities market can be traced back to 1866, but the stock market was formally set up in 1891, when the Association of Stockbrokers in Hong Kong was established. It was renamed as The Hong Kong Stock Exchange in 1914. By 1972, Hong Kong had four stock exchanges in operation. There were subsequen ...
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Yuan (currency)
The yuan (; sign: ¥; ; ) is the base unit of a number of former and present-day currencies in Chinese. A ''yuan'' () is also known colloquially as a ''kuai'' (; originally a lump of silver). One ''yuan'' is divided into 10 ''jiao'' () or colloquially ''mao'' ( "feather"). One ''jiao'' is divided into 10 ''fen'' (). Current usage Today, the term "Yuan" usually refers to the primary unit of account of the renminbi (RMB), the currency of the People's Republic of China. RMB banknotes start at one Yuan and go up to 100 Yuan. It is also used as a synonym of that currency, especially in international contexts – the ISO 4217 standard code for renminbi is CNY, an abbreviation of "Chinese yuan". (A similar case is the use of the terms ''sterling'' to designate British currency and ''pound'' for the unit of account.) The symbol for the yuan (元) is also used in Chinese to refer to the currency units of Japan ''(yen)'' and Korea ''( won)'', and is used to translate the currency u ...
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Business Park
A business park or office park is a designated area of land in which many office buildings are grouped together. These types of developments are often located in suburban areas where land and building costs are more affordable, and are typically situated near major highways or roads for easy access. Criticism While business parks can provide many benefits, such as providing employment opportunities and boosting the local economy, they can also have negative impacts on surrounding areas and communities. The impact of business parks on surrounding areas and communities has been criticized: *Large gaps between urbanized zones, increasing the suburban sprawl. *The appearance of the buildings. *Obsolescence, vacancy, and disrepair. To mitigate these negative effects, businesses and developers can take steps such as incorporating green spaces and sustainable design features into the business park, as well as maintaining and updating the buildings to prevent obsolescence. See also * ...
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Oriental Daily News
''Oriental Daily News'' is a Chinese-language newspaper in Hong Kong. It was established in 1969 by Ma Sik-yu and Ma Sik-chun, and was one of the two newspapers published by the Oriental Press Group Limited (). Relative to other Hong Kong newspapers, ''Oriental Daily News'' has an older readership. History It is very rich in content – both text and pictures. It also adopts a sensational and critical style when reporting hard news. The paper has been number one in circulation since 1976, with a record readership of over 3,100,000. ''Apple Daily'' was its main competitor. While claimed figures are around the 3 million (approx 5.72 readers per copy) mark, Nielsen data from 2008 had the ODN at 1,762,000 (530,000 circulation), ''Apple Daily'' at 1,633,000 (347,000 circulation), ''The Sun'' at 537,000 readers (180,000 circulation) all also includes online readers. Other selected readership figures as follows from full year 2008 and percentages of audience 12+ reached (includin ...
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Wen Wei Po
''Wen Wei Po'' is a pro-Beijing State media, state-owned newspapers in Hong Kong, newspaper based in Hong Kong. The newspaper was established in Hong Kong on 9 September 1948, after Wenhui Bao, its Shanghai edition was launched in 1938. Its head office is in the Hing Wai Centre () in Aberdeen, Hong Kong. It is owned by Ta Kung Wen Wei Media Group, which is controlled by the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, liaison office of the Chinese government in Hong Kong. ''Wen Wei Po'' is subsidised by and advocates for the Chinese government. ''Wen Wei Po'' accounts for less than 1 per cent of Hong Kong's readership and is mainly read by readers in mainland China and older Hong Kong readers. In a 2019 public opinion survey conducted by the Chinese University of Hong Kong, ''Wen Wei Po'' was rated by respondents as the second least credible paid newspaper in Hong Kong. History ''Wen Wei Po'' was founded in Shanghai in J ...
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Real Estate Investment Trusts Of Hong Kong
Real may refer to: Currencies * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Music Albums * ''Real'' (L'Arc-en-Ciel album) (2000) * ''Real'' (Bright album) (2010) * ''Real'' (Belinda Carlisle album) (1993) * ''Real'' (Gorgon City EP) (2013) * ''Real'' (IU EP) (2010) * ''Real'' (Ivy Queen album) (2004) * ''Real'' (Mika Nakashima album) (2013) * ''Real'' (Ednita Nazario album) (2007) * ''Real'' (Jodie Resther album), a 2000 album by Jodie Resther * ''Real'' (Michael Sweet album) (1995) * ''Real'' (The Word Alive album) (2014) * ''Real'', a 2002 album by Israel Houghton recording as Israel & New Breed Songs * "Real" (Goo Goo Dolls song) (2008) * "Real" (Gorgon City song) (2013) * "Real" (Plumb song) (2004) * "Real" (Vivid song) (2012) * "Real" (James Wesley song) (2010) * "Real", a song by Kendrick Lamar from ''Good Kid, M.A.A.D City'' * "Real", a song by NF from ''Therapy Session'' * "Re ...
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