Hang Lung Properties
Encyclopedia
Hang Lung Properties formerly Amoy Properties and parented
by Hang Lung Group
, is a Chinese
real estate
company with its headquarters in Hong Kong
. It is a member of Hang Seng Index Constituent Stocks (blue chip).
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-organization in 1987. The company is led by Ronnie Chan
.
The headquarter is located in Standard Chartered Bank Building, Central, Hong Kong
.
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.
Parent company
A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company...
by Hang Lung Group
Hang Lung Group
Hang Lung Group , established in 1960, is a private listed company in Hong Kong, engaging in property development for sales and leasing, car park management, property management and dry-cleaning businesses. Its subsidiary is Hang Lung Properties, was one of the largest property developers in Hong...
, is a Chinese
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
company with its headquarters in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
. It is a member of Hang Seng Index Constituent Stocks (blue chip).
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-organization in 1987. The company is led by Ronnie Chan
Ronnie Chan
Ronnie Chan Chi-chung is a Hong Kong entrepreneur. He graduated with an MBA from the University of Southern California....
.
The headquarter is located in Standard Chartered Bank Building, Central, Hong Kong
Central, Hong Kong
Central 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 Kowloon Peninsula...
.
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.