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Sun Hung Kai Properties 

“Market Cap $33.42 B As of May 2014

At a Glance

  • Industry: Real Estate
  • Founded: 1972
  • Country: Hong Kong
  • CEO: Ping Kwong Kwok
  • Website: www.shkp.com.hk
  • Employees: 37,000
  • Sales: $7.09 B
  • Headquarters: Hong Kong

Forbes Lists

#361 Global 2000

  • #1262 in Sales
  • #123 in Profit
  • #360 in Assets
  • #316 in Market value
Profile

Sun Hung Kai Properties Ltd. operates as an investment holding company, which engages in the development of property for sale and investment. It has complementary operations in property-related fields, including hotels, property management, construction, insurance and mortgage services, as well as investments in telecommunications, information technology, infrastructure and other businesses. The company’s Hong Kong properties for sale and investment include residential estates, offices and shopping centers; Mainland properties are in Shanghai and Yangtze River Delta, Guangzhou and Pearl River Delta, Chengdu and other cities; and property related business are in fields, including hotels, property management, construction and insurance. Sun Hung Kai Properties was founded on July 14, 1972 and is headquartered in Hong Kong.

“Sun Hung Kai Properties History

The company was one of many non-British owned companies that overtook the British trading companies or ‘hongs’ that dominated the financial order in Hong Kong prior to 1997. The company was founded in 1963 by the elder Kwok, together with Fung King-hei and Lee Shau Kee, and was listed on the Hong Kong Stock Exchange in 1972.”

*Information from Forbes.com and Wikipedia.org

**Video published on YouTube by “roswitha0701