SCMP Group
Encyclopedia
The SCMP Group is a publishing
Publishing
Publishing is the process of production and dissemination of literature or information—the activity of making information available to the general public...

 group
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...

 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...

. SCMP publishes:


  • South China Morning Post
    South China Morning Post
    The South China Morning Post , together with its Sunday edition, the Sunday Morning Post, is an English-language Hong Kong newspaper, published by the SCMP Group with a circulation of 104,000....

    - a daily English-language newspaper in Hong Kong
  • Hong Kong edition of Cosmopolitan
    Cosmopolitan (magazine)
    Cosmopolitan is an international magazine for women. It was first published in 1886 in the United States as a family magazine, was later transformed into a literary magazine and eventually became a women's magazine in the late 1960s...

    , CosmoGirl and Harpar's Bazaar
  • Automobile


It also ran a chain of convenience store
Convenience store
A convenience store, corner store, corner shop, commonly called a bodega in Spanish-speaking areas of the United States, is a small store or shop in a built up area that stocks a range of everyday items such as groceries, toiletries, alcoholic and soft drinks, and may also offer money order and...

s, Daily Stop, at MTR
MTR
Mass Transit Railway is the rapid transit railway system in Hong Kong. Originally opened in 1979, the system now includes 211.6 km of rail with 155 stations, including 86 railway stations and 69 light rail stops...

 and KCR
Kowloon-Canton Railway
The Kowloon–Canton Railway refers to a railway network in Hong Kong which is now combined with the MTR railway system, comprising rapid transit services, a light rail system and feeder bus routes within Hong Kong, and intercity passenger and freight train services to the rest of China...

 stations, and shopping malls, before selling it to 7-Eleven
7-Eleven
7-Eleven is part of an international chain of convenience stores, operating under Seven-Eleven Japan Co. Ltd, which in turn is owned by Seven & I Holdings Co...

.

History

In November 1971, it was listed on the Hong Kong Stock Exchange
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...

. It was privatised by Rupert Murdoch
Rupert Murdoch
Keith Rupert Murdoch, AC, KSG is an Australian-American business magnate. He is the founder and Chairman and CEO of , the world's second-largest media conglomerate....

's News Corporation
News Corporation
News Corporation or News Corp. is an American multinational media conglomerate. It is the world's second-largest media conglomerate as of 2011 in terms of revenue, and the world's third largest in entertainment as of 2009, although the BBC remains the world's largest broadcaster...

 in 1987, and relisted in 1990.

In October 1993, Robert Kuok's
Robert Kuok
Robert Kuok Hock Nien , is an influential Malaysian Chinese businessman. According to Forbes his net worth is estimated to be around $12.5 billion on May 2011, making him the richest person in Malaysia and Southeast Asia....

 Kerry Group acquired a 34.9% stake in the SCMP Group from Murdoch
Rupert Murdoch
Keith Rupert Murdoch, AC, KSG is an Australian-American business magnate. He is the founder and Chairman and CEO of , the world's second-largest media conglomerate....

's News Corporation
News Corporation
News Corporation or News Corp. is an American multinational media conglomerate. It is the world's second-largest media conglomerate as of 2011 in terms of revenue, and the world's third largest in entertainment as of 2009, although the BBC remains the world's largest broadcaster...

. His son, Kuok Khoon Ean, took over as chairman at the end of 1997.

See also

  • The Standard
    The Standard
    The Standard is an English free newspaper of Hong Kong with a daily circulation of 231,018. It was called the Hong Kong Standard and changed to HKiMail during the Internet boom, but it changed back to The Standard in 2001....

  • Sing Tao News Corporation Limited
  • Ming Pao Group
    Ming Pao
    Ming Pao is a Chinese language newspaper published by Ming Pao Group in Hong Kong. In the 1990s, Ming Pao established four overseas branches in North America, each provides independent reporting on local news and collect local advertisements. Currently, only the two Canadian editions remain: Ming...

  • Apple Daily
    Apple Daily
    Apple Daily is a Hong-Kong-based tabloid-style newspaper founded in 1995 by Jimmy Lai Chee Ying and is published by its company, Next Media. A sister publication carrying the same name is published in Taiwan, Republic of China under a joint venture between Next Media and other Taiwanese companies...

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