Sing Tao News Corporation Limited (Sing Tao) is a

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 List of cities in China, city and Special administrative regions of China, special ...

media company, incorporated in Bermuda. It was formerly called Global China Group Holdings Limited.

History

The Group, which is listed on the Stock Exchange of Hong Kong, was founded in 1996, under the name Perfect Treasure Holdings Limited and would go on to acquire and take on the name of the much older Sing Tao newspaper. Perfect Treasure was acquired by Charles Ho and renamed to Global China Technology Group Limited in mid-2000. The following January, Global China Technology Group acquired a 51.36% majority holding in Sing Tao Holdings from private equity fund Lazard Asia and Ho became executive chairman of both Global China Technology Group and Sing Tao Holdings. In 2002, Sing Tao Holdings was fully acquired by GCT. The company was then renamed again, from Global China Technology Group to Global China Group Holdings Limited, on 4 October 2002. At this time its business interests included the distribution of

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cameras and the provision of

broadband In telecommunications, broadband is wide bandwidth data transmission which transports multiple signals at a wide range of frequencies and Internet traffic types, that enables messages to be sent simultaneously, used in fast internet connections. ...

services, in China, along with the newly acquired Sing Tao media stable.

Sing Tao News Corporation

Ho had been honorary chairman of Sing Tao Holdings since September 1999, when it was acquired by Lazard Asia after struggling under founder-family member

Sally Aw Aw Sian also known as Sally Aw, OBE, DStJ, JP, (born 1932) is a Hong Kong businesswoman and daughter of the British Raj Burma-born entrepreneur and newspaper proprietor Aw Boon-haw. Sally Aw was nicknamed ''Tiger Balm Lady'' as well as ''Chi ...

. In mid-2002 the Sing Tao subsidiary, excluding Sing Tao Media Holdings, which held the Sing Tao newspaper, and Colony Hotel, was sold on to Ming Yuan Investment Group, a private company owned by Yao Yuan. Sing Tao Holdings became known as Shanghai Mingyuan Holdings, from October 2002. Sing Tao Media Holdings was an intermediate company for newspaper and magazine business of the former Sing Tao Holdings group. In early 2002, Sing Tao Media acquired the Hong Kong magazines 'Teens' and 'East Touch', as founding titles in the magazine publishing division of the group. The predecessors of Sing Tao Holdings as the parent company of Sing Tao group, was Sing Tao Limited (aka: Sing Tao Newspapers Limited and Sin Poh Amalgamated (H.K.) Limited). As of 2018, Sing Tao Limited still operated as a company and a subsidiary of Sing Tao News Corporation. In 2003, Colony Hotel, which the company partially owned, was sold to the

University of Toronto The University of Toronto (UToronto or U of T) is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution ...

. On 22 February 2005, Global China Group Holdings was renamed to Sing Tao News Corporation. In the same year Sing Tao sold the headquarters of its newspaper division in

Kowloon Bay Kowloon Bay is a body of water within Victoria Harbour and an area within Kowloon, Hong Kong. The bay is located at the east of the Kowloon Peninsula and north of Hong Kong Island. It is the eastern portion of Victoria Harbour, between ...

, Kowloon. The headquarters was later relocated to A Kung Ngam in Hong Kong Island. In 2017, the headquarters was relocated to

Tseung Kwan O Tseung Kwan O New Town is one of the nine new towns in Hong Kong, built mainly on reclaimed land in the northern half of Junk Bay (known as Tseung Kwan O in Chinese/Cantonese language) in southeastern New Territories, after which it is named ...

Charles Ho relinquishes control

In February 2021, Ho sold a 28 percent stake in Sing Tao News Corporation to Kwok Hiu-ting (Guo Xiaoting), vice chairwoman of mainland property management firm Kaisa Prosperity, for HK$370 million. Kwok, born 1994, who is the daughter of Kwok Ying-shing ( 郭英成), chairman of the mainland property firm,

Kaisa Group Kaisa may refer to: *Kaisa (name), Finnish and Estonian feminine given name *Kaisa, Estonia, village in Saaremaa Parish, Saare County, Estonia *Kaisa (billiards) Kaisa or karoliina is a cue sport mainly played in Finland. The game originated i ...

, instantly became the majority shareholder, up from zero. Ho retained just three percent of the company.

Publications

*newspapers ** ''

Sing Tao Daily The ''Sing Tao Daily'' () (also known as ''Sing Tao Jih Pao'') is Hong Kong's oldest and second-largest Chinese language newspaper. It is owned by Sing Tao News Corporation, of which Kwok Ying-shing () is chairman. Its English language sister p ...

'' ** '' The Standard'' ** ''

Headline Daily ''Headline Daily'' () was launched on 12 July 2005, by Sing Tao Newspaper Group Limited and became the second free Chinese-language newspaper published officially in Hong Kong ('' Metro Daily'' being the first). The paper is only distributed o ...

'' * magazines **''

East Week ''East Week'' (, Jyutping: dung1 zau1 hon1) is a Hong Kong-based weekly Chinese language magazine which was established by Oriental Press Group (the publisher of ''Oriental Daily News'') on 29 October 1992 and sold to the Emperor Group in Sept ...

'' **''

East Touch ''East Touch'' () is a weekly Chinese language magazine written in Cantonese style in Hong Kong. It is published every Tuesday by East Touch Publishing Limited, part of Global China Group Holdings Limited. Content ''East Touch'' is an infotai ...

'' **''PC Market'' **''Jet'' **''Caz Buyer'' **''Smart Choice Weekly''

References

External links