Hang Lung Group
#4339
Rank
$1.87B
Marketcap
Hong Kong
Country
Mr. Chichung Chan (Exec. Chairman)
Mr. Wai Pak Lo (CEO & Exec. Director)
Mr. Adriel Wenbwo Chan (Exec. Vice Chair of the Board)
Summary
History
Hang Lung Group was founded by T.H. Chan on 13 September 1960, and is now one of Hong Kong's biggest real estate developers. For the first 32 years, the Group operated its business mainly in Hong Kong. It became well known by developing the largest residential complexes along the Mass Transit Railway. The Hong Kong market suffered from a temporary collapse during the early 1980s due to uncertainty surrounding the territory's return to China, but Hang Lung survived the turmoil. The group operates businesses in property development for sale and lease in Hong Kong. Its investment properties are diversified, ranging from retail and residential developments to industrial and office complexes.In 1988, it gained control of Parry Corporation in Australia. On 1 January 1991, Ronnie Chan took over as the group's chairman. He foresaw the opportunity to invest in the Mainland China market due to its rapid economic growth. Its first step into the Mainland, in Shanghai in 1992, was with two landmark properties, Plaza 66 and Grand Gateway 66. Following the success of its Shanghai projects, the group continued to expand its business to others parts of the mainland such as Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, and Wuhan.
List of chairmen
T.H. Chan ; founder
Thomas Chen Tseng-tao ; brother of T.H. Chan
Ronnie Chan ; son of T.H. Chan
Mission
Vision
Key Team
Mr. Ka Kui Chiu (CFO & Exec. Director)
Mr. Chuk Fai Kwan (Assistant Director - Corp. Communications)
Ms. Yuen Wah Ma (Director ? Gen. Counsel & Company Sec.)
Recognition and Awards
References
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Mr. Chichung Chan (Exec. Chairman)
Mr. Wai Pak Lo (CEO & Exec. Director)
Mr. Adriel Wenbwo Chan (Exec. Vice Chair of the Board)