Hysan Development Company Limited
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Hysan Development Company Limited
Hysan Development Company Limited is a Hong Kong property investment, management and development company that is listed on the Stock Exchange of Hong Kong. The company was formed in Hong Kong in 1923, when businessman Lee Hysan acquired plots of land in East Point, now known as Causeway Bay, Hong Kong Island. On 30 April 1928, Hysan, who was aged 48–49, was killed. His descendant expanded the plots of land into a business empire. Today, Hysan is said to be the largest commercial landlord in the Causeway Bay area. History Predecessor The predecessor of the company began when Lee Hysan incorporated Lee Hysan Estate Co., Ltd. (), acquiring the land lease (crown lease) on Jardine's Hill, Hong Kong Island, in 1923 and other land leases around nearby East Point; which is now known as Causeway Bay. Before his death in 1928, Lee had distributed the most of the shares of Lee Hysan Estate to his wife, concubines, children and relatives in 1925. The shares he retained, 1/5 of the sha ...
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Real Estate Development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw Real Estate, land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or Home construction, housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint venture, create, imagine, control, and orchestrate the process of development from the beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typ ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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Mid-Levels
Mid-Levels is an affluent residential area on Hong Kong Island in Hong Kong. It is located between Victoria Peak and Central. Residents are predominantly more affluent Hong Kong locals and expatriate professionals. The Mid-Levels is further divided into four areas (From the below, Mid-Levels of Central District can be subdivided into two Mid-Levels. Included: Mid-Levels West and Mid-Levels Central): *Mid-Levels West (near Central, Sheung Wan and Sai Wan including Bonham Road, Caine Road, and Conduit Road etc. *Mid-Levels Central (near Central, Admiralty and Wan Chai ,above the Hong Kong Zoological and Botanical Gardens and Hong Kong Park .Including MacDonnell Road, Kennedy Road, Old Peak Road and Bowen Road) etc. * Mid-Levels East (near Causeway Bay, including Jardine's Lookout, Stubbs Road and Mount Butler), * Mid-Levels North (near North Point including Braemar Hill). Aside from the panoramic views of Victoria Harbour and the rest of the city, it is also close to Centra ...
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Four Big Families Of Hong Kong
The four big families of Hong Kong ()Sing Tao Daily. Section C-4 HR news. 7/31/2007. is a term used to describe the four business families who historically rose to prominence and became influential in Hong Kong. In order of influence, they are Li, Ho, Lo and Hui family. The founders of the original four families are Li Sek-peng (), Robert Ho Tung (), Hui Oi-chow () and Lo Cheung-shiu (). Of these families, the Lis and the Hos and their descendants are the two most recognized by regular Hong Kong citizens today. Families The families and their descendants are listed below. Each indentation represents one generation down, though not necessarily the next generation. Not all the descendants are shown. Most members of these families have reached tycoon status. Li family notables * Li Shek-pang (李石朋, 1863–1916) also known as Li Pui-choi (李佩材) – Originally from Guangdong ** Li Koon-chun (李冠春, 1887–1966) – Founder of Bank of East Asia, Director o ...
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Ronald Li
Ronald Li Fook-shiu (; 10 February 1929 – 27 December 2014) was the founder and former chairman of the Stock Exchange of Hong Kong and died of cancer. Li was arrested twice by the Independent Commission Against Corruption in December 1987 and in 1991 for bribery and was expelled to Stanley Prison. Biography Li was born into the Li family in Hong Kong in 1929. He was the youngest son of Li Koon-chun. His brother Simon Li Fook-sean was a senior judge and acting Chief Justice of the Supreme Court of Hong Kong. His nephews include former Legislative Councillor David Li Kwok-po, the Bank of East Asia chairman and Arthur Li Kwok-cheung, deputy chairman at the bank, former Secretary for Education and former Dean of the Faculty of Medicine at the Chinese University of Hong Kong, latterly, Chairman of the Council of the University of Hong Kong. Li was enrolled to the University of Hong Kong in 1946 and soon was sent to the Wittenberg University in the United States. He graduated ...
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Black Monday (1987)
Black Monday is the name commonly given to the global, sudden, severe, and largely unexpected stock market crash on Monday, October 19, 1987. In Australia and New Zealand, the day is also referred to as ''Black Tuesday'' because of the time zone difference from other English-speaking countries. All of the twenty-three major world markets experienced a sharp decline in October 1987. When measured in United States dollars, eight markets declined by 20 to 29%, three by 30 to 39% (Malaysia, Mexico and New Zealand), and three by more than 40% (Hong Kong, Australia and Singapore). The least affected was Austria (a fall of 11.4%) while the most affected was Hong Kong with a drop of 45.8%. Out of twenty-three major industrial countries, nineteen had a decline greater than 20%. Worldwide losses were estimated at US$1.71 trillion. The severity of the crash sparked fears of extended economic instability or even a reprise of the Great Depression. The degree to which the stock market crashe ...
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HKR International
HKR International Limited (, abbreviated as HKRI) is a conglomerate headquartered in Hong Kong. The company was founded by Cha Chi-ming, a textile industrialist from Shanghai and one of the pioneers of Hong Kong's industrial boom in the 1950-70s. History HKR International is traced back to Hong Kong Resort Company Limited (“Hong Kong Resort”) founded in 1973. In 1977, the company acquired the rights to Discovery Bay development on Lantau Island in an opaque and much criticized deal. HKRI now manages Discovery Bay as a privately owned and operated town of 20,000 people. HKRI is listed on the Stock Exchange of Hong Kong, with a stock code 00480. The company has interests in real estate development and investment, property management, hotels and serviced apartments, healthcare services and other investments in Hong Kong, Mainland China and other parts of Asia. Major development Real estate development and investment Real estate development and investment is the core ...
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Kennedy Road, Hong Kong
Kennedy Road is a road in the Mid-Levels on Hong Kong Island, Hong Kong. It is named after Arthur Kennedy, the seventh governor of Hong Kong. History At the time of construction in 1876, it was the second major east–west route from the sea, in the local area. Thus being nicknamed ''second road''. Location Starting from Garden Road in the west, it goes past St. Joseph's College, Hong Kong Visual Arts Centre, Hong Kong Park and Hopewell Centre and ends at the junction with Queen's Road East near Morrison Hill in Wan Chai. Features * No. 1: Zetland Hall Masonic Lodge * No. 6: a Grade II Historic Building * No. 7: St. Joseph's College. The North and West Blocks are declared monuments * No. 7A: Hong Kong Visual Arts Centre, housed in the former Cassels Block, former barracks for married British officers, of Victoria Barracks. (a Grade I Historic Building) * No. 8: a Grade II Historic Building * No. 9–13: St. Francis' Canossian College * No. 15: Former Tung Chi ...
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Ta Kung Pao
''Ta Kung Pao'' (; formerly ''L'Impartial'') is the oldest active Chinese language newspaper in China. Founded in Tianjin in 1902, the paper is state-owned, controlled by the Liaison Office of the Central Government after the Chinese Civil War. It is widely regarded as a veteran pro-Beijing newspaper. In 2016, it merged with Hong Kong newspaper Wen Wei Po. History In the final years of the Qing dynasty, Ying Lianzhi, a Catholic Manchu aristocrat, founded the newspaper in Tianjin on 17 June 1902, in order to, "help China become a modern and democratic nation". The paper put forward the slogan ''Four-No-ism" (四不主義)'' in its early years, pledging to say "No" to all political parties, governments, commercial companies, and persons. It stood up to the repression at the time, openly criticising the Empress Dowager Cixi and reactionary leaders, and promoted democratic reforms, pioneering the use of written vernacular Chinese (''baihua''). Readership fell after the Xinhai Rev ...
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Sunning Plaza
Sunning Plaza () was a 30-storey office building in Causeway Bay, Hong Kong. This and the adjacent 19-storey residential building Sunning Court () were the first of only two projects in Hong Kong of Chinese-American architect I. M. Pei, the other one being the Bank of China Tower. They were located in the area bounded by Hysan Avenue, Sunning Road and Hoi Ping Road. The two buildings were completed in 1982, and Sunning Court was renovated in 2003. There was a large open space around the buildings, creating an "urban oasis" for the dense Causeway Bay area. A scene of John Woo's movie ''A Better Tomorrow'' was filmed at the space before the entrance of Sunning Plaza. Although the buildings were relatively young, the landlord Hysan Development announced its plan to redevelop the two buildings into a bigger retail and office complex in 2013, and the demolition started late the same year. The company has a history of tearing down young building. Hennessy Centre, completed in 1981 ...
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Sunning Court
Sunning may refer to: * Sunning, Berkshire, United Kingdom * The former name () of Taishan, Guangdong, China * Sunning (behaviour) See also * Suning (other) * Sunning Plaza Sunning Plaza () was a 30-storey office building in Causeway Bay, Hong Kong. This and the adjacent 19-storey residential building Sunning Court () were the first of only two projects in Hong Kong of Chinese-American architect I. M. Pei, the other ...
and Sunning Court, former building complex in Hong Kong {{geodis ...
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One Hysan Avenue
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the s ...
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