Hang Lung Properties, formerly Amoy Properties and currently subsidiary of

Hang Lung Group Hang Lung Group is an investment holding company that engages in property development for sales and leasing, as well as management of car parks, properties, and dry cleaning businesses. Its subsidiary Hang Lung Properties is one of the largest p ...

, is a

property developer in Hong Kong Since the British colonialisation in 1841 after the First Opium War, Hong Kong has grown from a stony outcrop on the southern coast of China to a territory whose property prices are among the highest in the world. The territory has a land mass of . ...

. It is a member of

Hang Seng Index Constituent Stocks The Hang Seng Index (HSI) is a freefloat-adjusted market- capitalization-weighted stock-market index in Hong Kong. It is used to record and monitor daily changes of the largest companies of the Hong Kong stock market and is the main indicato ...

( blue chip) and is headquartered in the

Standard Chartered Bank Building The Standard Chartered Bank Building () is a skyscraper located in Central, Hong Kong. The tower rises 42 storeys and in height. The building was completed in 1990. It was designed by architectural firm P & T Architects & Engineers Ltd. His ...

Central, Hong Kong Central (also Central District) is the central business district of Hong Kong. It is located in Central and Western District, on the north shore of Hong Kong Island, across Victoria Harbour from Tsim Sha Tsui, the southernmost point of Kowloo ...

History

Hang Lung Properties Limited was incorporated in 1949 and was taken over by Hang Lung Group Limited in 1980. It became the property investment arm of Hang Lung Group Limited after the group re-organisation in 1987. The company is led by

Ronnie Chan Ronnie Chan Chi-chung (; born 1949) is a Hong Kong businessman. Education Chan earned bachelor's and master's degrees in biology from a California State University. He received an MBA from the University of Southern California in 1976. Chan ...

. In November 2010, the company said it was aiming to raise up to HK$10.1 billion through a share placement to finance expansion on the mainland.

Properties

The company's main properties include

, Baskerville House, Hang Lung Centre in

Causeway Bay Causeway Bay is list of buildings, sites and areas in Hong Kong, an area and Victoria Park, Hong Kong, a bay on Hong Kong Island, Hong Kong, straddling the border of the Eastern District, Hong Kong, Eastern and the Wan Chai District, Wan Chai ...

Kornhill Kornhill and Kornhill Gardens are apartment buildings on the northern slope of Mount Parker (Hong Kong), Mount Parker, in Quarry Bay, Hong Kong Island, Hong Kong. Kornhill is a private housing estate and Kornhill Gardens is a Private Sect ...

Plaza, Grand Centre in

Tsim Sha Tsui Tsim Sha Tsui, often abbreviated as TST, is an list of areas of Hong Kong, urban area in southern Kowloon, Hong Kong. The area is administratively part of the Yau Tsim Mong District. Tsim Sha Tsui East is a piece of land reclaimed from the Hu ...

, as well as One and Two Grand Tower, Hollywood Plaza (Hong Kong), and the Park-In Commercial Centre in

Mong Kok Mong Kok (also spelled Mongkok, often abbreviated as MK) is an area in Kowloon, Hong Kong. The Prince Edward subarea occupies the northern part of Mong Kok. Mong Kok is one of the major shopping areas in Hong Kong. The area is characterised ...

. On 1 January 1991, Ronnie Chan took over as the Group's chairman. He saw the opportunity to invest in Mainland China market due to its economic growth, and thus the company began to venture into the Mainland market under Chan's leadership. Its first step into the Mainland came in 1992 with two landmark properties in Shanghai,

Plaza 66 Plaza 66 () is a commercial and office complex in Shanghai, consisting of a shopping mall and two skyscrapers. The shopping mall has 5 levels with a total area of over 50,000 square metres. Tower One is high and was completed in 2001, while Towe ...

and Grand Gateway 66. Following the success of these projects, the company continued to expand into others parts of the Mainland such as

Shenyang Shenyang (, ; ; Mandarin pronunciation: ), formerly known as Fengtian () or by its Manchu language, Manchu name Mukden, is a major China, Chinese sub-provincial city and the List of capitals in China#Province capitals, provincial capital of Lia ...

Jinan Jinan (), Postal Map Romanization, alternately romanization of Chinese, romanized as Tsinan, is the Capital (political), capital of Shandong province in East China, Eastern China. With a population of 9.2 million, it is the second-largest city i ...

Wuxi Wuxi (, ) is a city in southern Jiangsu province, eastern China, by car to the northwest of downtown Shanghai, between Changzhou and Suzhou. In 2017 it had a population of 3,542,319, with 6,553,000 living in the entire prefecture-level city ar ...

, Tianjin,

Dalian Dalian () is a major sub-provincial port city in Liaoning province, People's Republic of China, and is Liaoning's second largest city (after the provincial capital Shenyang) and the third-most populous city of Northeast China. Located on the ...

Kunming Kunming (; ), also known as Yunnan-Fu, is the capital and largest city of Yunnan province, China. It is the political, economic, communications and cultural centre of the province as well as the seat of the provincial government. The headquar ...

and

Wuhan Wuhan (, ; ; ) is the capital of Hubei, Hubei Province in the China, People's Republic of China. It is the largest city in Hubei and the most populous city in Central China, with a population of over eleven million, the List of cities in China ...

. Hang Lung Properties in September 2020 bought the real estate assets in Hong Kong of the United States government.

Management Board

The board has eleven members, with five executive directors and six non-executive director to ensure sufficient independency. *Chairman: Ronnie Chan *CEO: Weber Wai Pak Lo *CFO: Hau Cheong Ho *Executive Director: Adriel Wenbwo Chan non-executive directors: *

Ronald Joseph Arculli Ronald Joseph Arculli, GBM, GBS, CVO, OBE, JP (; born 2 January 1939 in Hong Kong) is former chairman of Hong Kong Exchanges and Clearing, Non-official Members Convenor of the Executive Council of Hong Kong (Exco) and a senior partner at ...

*Philip Nan Lok Chen *Dominic Chiu Fai Ho *Nelson Wai Leung Yuen *Andrew Ka Ching Chan *Prof. Hsin Kang Chang *Anita Yuen Mei Fung

References

External links

* {{Hang Seng Companies listed on the Hong Kong Stock Exchange Land developers of Hong Kong Real estate companies established in 1987 Companies in the Hang Seng Index Hang Lung Group Privately held companies of China