HKR International Limited (, abbreviated as HKRI) is a conglomerate headquartered in

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...

. 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 Lantau Island (also Lantao Island, Lan Tao) is the largest island in Hong Kong, located West of Hong Kong Island and the Kowloon Peninsula, and is part of the New Territories. Administratively, most of Lantau Island is part of the Islands ...

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 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 repo ...

, 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

Mainland China "Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater China. ...

and other parts of Asia.

Major development

Real estate development and investment

Real estate development and investment is the core business of HKRI across Asia, including Hong Kong, Mainland China, Thailand and Japan. Discovery Bay on

is its major project. At present, there are over 8,000 households with a total population of about 20,000.

Hong Kong

Covering a site area of 650 hectares (6,500,000 square metres), Discovery Bay has undergone continuous development. Facilities in the community include a golf course, a marina, a manmade beach, two clubhouses, two shopping centres, education options ranging from kindergarten to secondary schools, and a developed transportation system (including high-speed ferry and bus services and a privately built vehicle tunnel). HKRI's other projects in Hong Kong include Villa LUCCA in Tai Po; La Cresta in Kau To, Shatin; 2GETHER in Wu On Street, Tuen Mun;

Coastal Skyline Tung Chung, meaning " eastern stream", is an area on the northwestern coast of Lantau Island, Hong Kong. One of the most recent new towns, it was formerly a rural fishing village beside Tung Chung Bay, and along the delta and lower courses of T ...

in Tung Chung; and Discovery Park in Tsuen Wan. Over the years, a total GFA of more than 1.4 million square metres has been developed. HKRI acquired a residential building Wellgan Villa in Kowloon Tong in 2019. For commercial properties, HKRI holds

CDW Building CDW Building (Chinese: 中染大廈) is located at 388 Castle Peak Road, Tsuen Wan, Hong Kong, and is wholly owned by HKR International Ltd. It was built in 1982 as an industrial building. Across the years, CDW Building underwent a number of r ...

Tsuen Wan Tsuen Wan (formerly also spelled Tsun Wan) is a town built on a bay in the western New Territories of Hong Kong, opposite of Tsing Yi Island across Rambler Channel. The market town of Tsuen Wan emerged from the surrounding villages and flee ...

which includes a commercial building and a shopping centre named 8½. Other commercial properties are: DB Plaza and DBN Plaza in Discovery Bay, as well as West Gate Tower in Cheung Sha Wan, and United Daily News Centre in To Kwa Wan.

Mainland China

The development projects of HKRI located in

Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flow ...

Zhejiang Zhejiang ( or , ; , also romanized as Chekiang) is an eastern, coastal province of the People's Republic of China. Its capital and largest city is Hangzhou, and other notable cities include Ningbo and Wenzhou. Zhejiang is bordered by Jiang ...

and

Tianjin Tianjin (; ; Mandarin: ), alternately romanized as Tientsin (), is a municipality and a coastal metropolis in Northern China on the shore of the Bohai Sea. It is one of the nine national central cities in Mainland China, with a total popul ...

. In Shanghai, HKRI has partnered with Swire Properties to develop a project called HKRI Taikoo Hui. With a GFA of approximately 320,000 square metres, HKRI Taikoo Hui is a mixed-use complex comprising a retail centre, two Grade-A office towers, two hotels, one serviced apartment building, a number of event venues and the “

Cha House Cha House is a building in Shanghai, People's Republic of China. The building was constructed in 1920 and was owned and used by two brothers, Qiu Xinshan and Qiu Weiqing, who were businessmen in the dye industry at that time. The Qius' residence or ...

”, a revitalized historic building. HKRI Taikoo Hui locates in Jing’an district in Shanghai. Key anchor tenants include the first international

Starbucks Reserve Starbucks Reserve is a program by the international coffeehouse chain Starbucks. The program involves operation of worldwide roasteries; currently six are in operation. Also part of the program are 28 coffee bars preparing Starbucks Reserve produ ...

Roastery and Tasting Room in Asia and the largest CitySuper supermarket in mainland China. There are over 40 dining outlets, offering various types of cuisine, including Shanghai Club, the premium brand under Jardin de Jade, and Paris Blanc, a grill house managed by Paris Group. HKRI has other residential projects in

Zhejiang Province Zhejiang ( or , ; , also romanized as Chekiang) is an eastern, coastal province of the People's Republic of China. Its capital and largest city is Hangzhou, and other notable cities include Ningbo and Wenzhou. Zhejiang is bordered by Jiangs ...

and

. City One in Jiaxing provides about 600 units, while the adjacent Riviera One, is composed of low- and high-rise apartment units. There are 3 other projects in Jiaxing, namely Mansion One, Creekside One and Starlight One. Other projects include Oasis One and In One in

Hangzhou Hangzhou ( or , ; , , Standard Mandarin pronunciation: ), also romanized as Hangchow, is the capital and most populous city of Zhejiang, China. It is located in the northwestern part of the province, sitting at the head of Hangzhou Bay, whi ...

, Zhejiang, and Elite House, located in Changning District, Shanghai. HKRI also acquired a piece of land in

in November 2021 for a low-density residential project. The Exchange is HKRI's investment property in

. It has a total GFA of over 152,000 square metres, and comprises two Grade-A office towers, a service apartment tower, and a retail mall named Heping Joy City – Tianjin.

Thailand

The Sukhothai Residences is located in Bangkok's CBD and provides 196 units. On top of The Sukhothai Residences, HKRI acquired a piece of freehold land on

Wireless Road Witthayu Road from above Witthayu Road ( th, ถนนวิทยุ, , ), commonly known in English as Wireless Road, is a road in Bangkok, located almost entirely in Lumphini Subdistrict of Pathum Wan District. Witthayu Road originally linke ...

in 2010. In December 2015, it further acquired 10 plots of land at Rama 3 Road by the Chaophraya River. HKRI acquired another three plots of land located at Ramintra Road, Khannayao District, Bangkok, in February 2018.

Japan

HKRI holds a plot as land bank with a site area of approximately 60,700 square metres in Niseko,

Hokkaido is Japan's second largest island and comprises the largest and northernmost prefecture, making up its own region. The Tsugaru Strait separates Hokkaidō from Honshu; the two islands are connected by the undersea railway Seikan Tunnel. The la ...

, in the vicinity of

Niseko Annupuri ski village Niseko ( ja, ニセコ町, , ) is a town located in Shiribeshi Subprefecture, Hokkaido, Japan. To Japanese people, Niseko principally refers to a mountain range and a municipal area. However, overseas the name has come to refer to a wider area ...

Hospitality

Hong Kong

In Hong Kong, Auberge Discovery Bay Hong Kong opened in 2013. The hotel provides 325 guest rooms. Discovery Bay Recreation Club & Club Siena Discovery Bay Golf Club Lantau Yacht Club (LYC) is one of the four membership clubs in Discovery Bay, and the first new marina to open in Hong Kong in more than a decade. The new marina is open in 2020 and is accredited as a 5 Gold Anchor Marina by the Marina Industries Association. Discovery Bay Ice Rink was opened in May 2021.

Thailand

In Thailand,

The Sukhothai Bangkok The Sukhothai Bangkok (Thai: โรงแรม สุโขทัย กรุงเทพ) is a hotel in Bangkok, located in the city's Sathorn neighbourhood. The hotel opened in 1991, and is managed by Sukhothai Hotels and Resorts. History T ...

is located in the heart of city and is a member of the

Design Hotels Design Hotels comprises more than 300 independent, design-driven hotels located around the globe. The company was founded in 1993 as a California Corporation, Design Hotels Inc., by J. Peter Schweitzer and Claus Sendlinger. In 2004, after several ...

. It has 210 guest rooms and suites, 7 restaurants and 11 function rooms.

Shanghai

In Shanghai, The Sukhothai Shanghai is HKRI's third hotel and was open in April 2018.

References

External links

* {{Portal, Hong Kong, Companies Companies listed on the Hong Kong Stock Exchange Land developers of Hong Kong Family-owned companies of Hong Kong Hospitality companies of Hong Kong