Hang Lung Properties Ltd.

Hang Lung Properties Ltd.

Hang Lung Properties Ltd.

Overview
Date Founded

1949

Headquarters

28th Floor, Standard Chartered Bank,4 Des Voeux Road Central,Hong Kong

Type of Company

Public

Employees (Worldwide)

4,643

Industries

Holding Companies
Real Estate

Company Description

Hang Lung Properties Limited (stock code: 101), the operating arm of Hang Lung Group Limited (stock code: 10), is a leading Hong Kong company boasting an extensive real estate portfolio in Hong Kong, as well as building, owning and managing world-class commercial complexes in key cities on the Mainland since the 1990s. It is a constituent stock of Hong Kong's Hang Seng Index and the Hang Seng Corporate Sustainability Indices, and is one of the world's largest pure real estate listed companies by market value. Firmly rooted in Hong Kong, Hang Lung Properties has progressively branched out into the Mainland, winning international acclaim for its exceptional quality of architectural design, services and sustainable features. Adhering to the highest levels of corporate governance, the Company is justly regarded as one of the best run companies in Hong Kong, consistently achieving high and sustainable returns for its shareholders. The parent company of Hang Lung Properties, Hang Lung Group, was founded on September 13, 1960, by Mr. Chan Tseng-Hsi. The Company progressed rapidly to become one of the largest real estate developers in Hong Kong. It gained prominence in the following decades by developing some of the biggest residential complexes along the Mass Transit Railway. The Company experienced a lean period in the early 1980s when the Hong Kong market temporarily collapsed over the uncertainty concerning the territory's sovereignty. However thanks to prudent and sound management, Hang Lung weathered the storm, although, as the current Chairman would later point out, the Company had "gone to sleep" during this period. By and large, at that point in its evolution Hang Lung was operating almost exclusively within Hong Kong. On January 1, 1991, Mr. Ronnie C. Chan took over as Chairman of the Company and foresaw the golden opportunities presented by the Mainland's dynamic economic growth. It was under his visionary leadership that the Company embarked upon its new direction by venturing into the Mainland market. With a judicious focus on commercial real estates and targeting "the best locations in major populated centers", the Company took its first steps into the Mainland in Shanghai in 1992. In addition, in its home market, it was also during the 1990s that the Company took the opportunity to replenish its land bank and to acquire investment properties, thereby rebuilding its portfolio in Hong Kong to position itself better for future expansion. The years of excelling in property development and management in Hong Kong laid a solid foundation upon which rose the Company's two landmark properties in Shanghai, Plaza 66 and Grand Gateway 66. The immense success of these projects can be gauged by the fact that they have generated the highest tax revenues of any commercial property, not just in Shanghai but throughout the Mainland. Furthermore, Plaza 66 has established itself as a household name across the nation for its unparalleled host of international retail brands and a reputation as the shopping destination of choice for high-end consumers. The Company's success in Shanghai was the launch pad for its series of pioneering commercial complexes across the Mainland. It has blazed a trail into vibrant cities with a distinctive strategy of focusing on building world-class commercial complexes centered on shopping malls. This was achieved by acquiring large sites in prime urban areas, cooperating only with top architectural firms, incorporating the latest sustainable features, and providing superb management. With its projects, all carrying the "66" brand, the Company has extended its unique footprint into the cities of Shenyang, Jinan, Wuxi, Tianjin, Dalian, and now Kunming following the successful acquisition of a prime site in that city in September 2011. June 2010 saw the opening of Palace 66 in Shenyang, the Company's first world-class investment property completed outside Shanghai. Parc 66 in Jinan also opened its doors in August 2011. Hang Lung has thus transformed itself from a dual-city entity into a multi-city operation and, with its business expanding in the coming years, the Company is set to develop into the most admired mega national enterprise in the market. Hang Lung Properties has gained international recognition as a leading world-wide industry player. As a result of its successful entry into the Mainland, it has clearly outperformed its competitors, to the extent that sophisticated investors recognize Hang Lung Properties as Hong Kong's most resilient company. With its far-sighted leadership of Board of Directors, strong financial standing, highest standard of corporate governance practices as well as its superb and highly professional management, Hang Lung Properties is ideally positioned to take full advantage of the multiple opportunities that are offered in a fast changing and globalized economic environment. The Company is indeed entering what Chairman Ronnie Chan describes as its "Golden Era".

Executives & Employees

Chief Executive Officer

Executive Director

Chief Financial Officer

Director-General Counsel & Company Secretary

Deputy General Manager-Olympia 66

Financial Controller & Assistant Director

Director-Corporate Communications & IR

Director-Leasing & Management

Director-Leasing & Management

Director-Central Marketing

Board of Directors

Co-Founder at Morningside Group Ltd.

Chairman at iventure Investment Management Ltd.

Distinguished Visiting Professor, Wellesley & Peking University Academic Program at Wellesley College

Executive Director at Hang Lung Group Ltd.

Foreign Member at Royal Academy of Engineering

Chief Financial Officer at Hang Lung Properties Ltd.

Former Chief Executive Officer, Hong Kong at HSBC Holdings Plc

Director & Chief Executive Officer-Designate at Hang Lung Properties Ltd.

President at Hong Kong Academy of Engineering Sciences

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First Eagle Investment Management (FEIM) s a global, value-oriented investment manager that seeks to produce consistent absolute returns over the long-term without regard for industry benchmarks. They construct well-diversified portfolios through cautious security selection with an emphasis on risk aversion. The firm focuses on investments with a substantial margin of safety, healthy balance sheets and clear business models. First Eagle employs bottom-up security analysis that is independent of broad market conditions or industry trends and focuses on downside protection. FEIM currently manages the following primary investment strategies: Global Value & International Value; High Yield; US Opportunities, Multi-Asset Absolute Return; International Small Cap Value; World Opportunities; and Tail Hedge.

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Seafarer Capital Partners offers a growth and income strategy, utilized by the Seafarer Overseas Growth and Income Fund, and a value strategy, utilized by the Seafarer Overseas Value Fund.Seafarer’s growth and income strategy seeks to provide long-term capital appreciation along with some current income. It also seeks to mitigate adverse volatility in returns. The strategy invests in a range of securities and asset classes from markets around the world. The strategy’s geographic focus pertains to overseas securities markets, especially emerging or frontier markets, although the strategy may occasionally utilize securities originating from selected developed markets. These markets include, but are not limited to, those found in the countries of Africa, East and South Asia, Emerging Europe, Latin America, and the Middle East. Asset classes include publicly-listed common and preferred equities, corporate debt and convertible bonds, sovereign debt, short-term currency-related contracts, short-term U.S. government securities and other cash-like instruments. The strategy may invest in securities denominated in U.S. dollars or in foreign currencies. The strategy may also invest in the securities of issuers from selected foreign developed countries, which Seafarer believes have significant economic and financial linkages to developing countries. Such countries include, but are not limited to, Australia, Hong Kong, Ireland, Israel, Japan, New Zealand, Singapore and the UK.Seafarer’s value strategy operates by investing in a range of securities and asset classes from markets around the world. Asset classes include publicly-listed common and preferred equities, corporate debt, short-term currency-related contracts, short-term U.S. government securities and other cash-like instruments. The strategy may invest in securities denominated in U.S. dollars or in foreign currencies. Portfolios are generally comprised of securities identified through an individual security selection process based on fundamental research. Seafarer's value strategy seeks to produce a minimum long-term rate of return by investing in securities priced at a discount to Seafarer's estimates of their intrinsic value. The strategy generally focuses on investments in the securities of issuers from developing countries including Africa, East & South Asia, Emerging Europe, Latin America, and the Middle East.^

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Schroder SG is an active, research-oriented manager which concentrates on emerging markets. They are long-term investors and seek to exploit inefficiencies in equity and bond markets through a stock-picking investment process. They evaluate companies in terms of earnings power, sustainable value potential and ability to service debts. Their investment style aims at balancing growth and value at different stages in the economic cycle and across markets and industries.The firm shares research worldwide within the parent group, is organized in specialist teams and meets regularly with companies. Local specialists contribute their expertise to global sector teams. Proprietary software integrates and distributes in-house and external research, assisting investment managers in portfolio construction. Asset allocation is based on the firm's house view. They employ a proprietary tool to manage risk.Schroder SG manages a climate change strategy invested globally in companies which are reducing their dependency on carbon or are proactively climate change-aware.

Recent Transactions
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Hang Lung Properties Ltd. issued Ordinary Shares

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Hang Lung Properties Ltd. issued Ordinary Shares

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Hang Lung Properties Ltd. issued Ordinary Shares

Transaction Advisors
Underwriter

Advised onHang Lung Properties Ltd. issued Ordinary Shares

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Advised onHang Lung Properties Ltd. issued Ordinary Shares

Investment Advisor

Advised onHang Lung Properties Ltd. purchases Grand Hotel Holdings Ltd.

Clients

LVMH Moët Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates through the following business segments: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing, and Other Activities & Eliminations. The Wines & Spirits segment produces and sells high quality champagne wines and sparkling wines. It also distributes vodka and white liquor. The Fashion & Leather Goods segment engages in the manufacture of luggage items, bags, accessories, shoes and clothes. The Perfumes & Cosmetics segment engages in the production and distribution of make-up, perfume and skin care products. The Watches & Jewelry segment manufactures luxury watches and accessories form men and women. It specializes in the field of chronographs and ultimate precision. The Selective Retailing segment is organized to promote an environment that is appropriate to the image and status of the luxury brands. It engages in the sale of luxury products to international travelers and on board cruise ships. This segment also manages beauty stores that combine direct access and customer assistance to customers. The Other Activities & Eliminations segment includes media division. It publishes newspapers and magazines, manages business and financial websites and holds radio stations. This segment also engages in the real estate industry and builds luxury yachts. The company was founded on January 1, 1987 and is headquartered in Paris, France.

Hennes & Mauritz AB engages in the sale of clothing, accessories, footwear, cosmetics, and home textiles. Its products include accessories, underwear, cosmetics, sportswear, and other apparels for men, women, and kids. Its brands include H&M, COS, Monki, Weekday, & Other Stories, Cheap Monday, H&M Home, and ARKET. The company was founded by Erling Persson in 1947 and is headquartered in Stockholm, Sweden.

While the Lenovo brand came into existence only in 2004, the company has a much longer history. In 1984, Legend Holdings was formed with 25,000 RMB in a guard house in China. The company was incorporated in Hong Kong in 1988 and would grow to be the largest PC company in China. Legend Holdings changed its name to Lenovo in 2004 and, in 2005, acquired the former Personal Computer Division of IBM, the company that invented the PC industry in 1981. Today, Lenovo is a US$21 billion personal technology company and the world’s second-largest PC vendor. We have more than 26,000 employees in more than 60 countries serving customers in more than 160 countries. A global Fortune 500 company, we have headquarters in Beijing, China and Morrisville, North Carolina, U.S.; major research centers in Yokohama, Japan; Beijing, Shanghai and Shenzhen, China; and Morrisville; and we have manufacturing around the world from Greensboro, North Carolina and Monterrey, Mexico to India, China and Brazil. We create and build exceptionally engineered personal technology, but we are much more than a tech company. We are defining a new way of doing things as a next generation global company. We have our core strength in China, rapid growth in emerging markets and a unique global footprint. Lenovo builds on its dominant position in China to grow globally. The expansion from East to West— introducing our newest products in China and then spreading across the globe— is a new way of viewing the world, one we believe will be the way of the future. That means we are years ahead of the game in terms of understanding what it will take to win 5 or even 10 years from now. That focus on the future is based on a strong history of success that is driving results today. We have momentum. Long the leader in China with more than 30 percent market share in PCs, Lenovo is growing rapidly and winning market share in all parts of the world. Lenovo has realized strong, balanced growth while achieving a number of major breakthroughs. Achieving optimal balance in all that we do is Lenovo’s operating philosophy. This mindset encompasses every aspect of Lenovo’s business, from balancing leadership with consensus-building, to valuing both short- and long-term thinking. As a result, we have created a balanced business model and strategy that take maximum advantage of profit and investment across both core and new businesses. Lenovo has consistently outgrown the worldwide PC market in unit shipments and gained market share across all geographies, products and customer segments, making it the fastest growing of the four major PC companies in the world for two years running. We are the number one PC company in China and now in Japan. We are the number one PC company in the world for large business and the public sector. We have been the fastest growing major consumer PC brand on the planet in the past year. We make the fastest booting notebook in the world. It’s a ThinkPad—and in 18 years, 60 million of them have been sold. We make a smart phone in China and every day our app store there delivers more than 25,000 downloads. We have launched a family of tablets targeting both the consumer and commercial markets internationally. We’re growing in triple digits in the all-in-one market worldwide, funding an application developers’ movement in China, and growing our retail presence from Germany to Japan. Lenovo’s business is built on product innovation, a highly efficient global supply chain and strong strategic execution. The company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services for customers who want technology that does more— because people have a lot more to do. Our product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations and a family of mobile internet devices, including tablets and smart phones. We have a long-term goal of becoming the leading personal technology company in the world. We aspire to achieve this goal by leading in three key areas: Personal Computers: Lead in PCs and be respected for our product innovation and quality. Convergence: Lead the industry with an ecosystem of devices, services, applications and content for people to seamlessly connect to people and Web content. Culture: Become recognized as one of the best, most trusted and most well-respected companies to work for and do business with. And we want to do it the right way— the Lenovo Way— with our own perspective, our own global point of view and our own commitment to building technology for people who view technology as a tool to accomplish great things. Our Values At Lenovo we view our culture as a critical asset as important as an effective business model. We call our culture the Lenovo Way, and at its most basic, that culture is reflected in the statement: We do what we say and own what we do. Our values serve as the foundation of our company and define who we are and how we work. Principal among them are: Serving Customers Trust and Integrity Teamwork Across Cultures Innovation and Entrepreneurial Spirit Our Heritage Lenovo came about as the result of the merger of two of the most storied companies in technology and business: Legend Holdings in China and IBM’s Personal Computing Division in the United States. The merger was heralded as a watershed event in global business with the potential for integrating two disparate cultures, languages, processes and markets. As a result, Lenovo embodies unique market possibilities in combining the best of East and West— joining North American and China-based technology players in the creation of a unified global personal technology leader with growing market positions in developed and emerging markets alike. Everyone at Lenovo takes great pride in our ability to attract top talent from diverse backgrounds, representing a broad collection of nationalities and languages. We view our differences and diversity as a source of strength in building a collaborative culture with one unified language and vision: to build the world’s most exceptionally engineered personal technology products and services.

Key Stats and Financials As of 2017
Market Capitalization
$71.7B
Total Enterprise Value
$98.8B
Earnings Per Share
$1.81
Revenue
$11.7B
Net Profit
$8.12B
Total Debt
$25.2B
Total Equity
$142B
Enterprise Value Sales
8.41x
TEVNet Income
12.16x
Debt TEV
0.25x
Three Year Compounded Annual Growth Rate Of Revenue
-13.18%
Five Year Compounded Annual Growth Rate Of Revenue
8.01%
Enterprise Value EBITDAOperating
12.47x
EBITDAMargin
67.43%
EBITDA
$7.92B
Suppliers
Hsin Chong Group Holdings Ltd. Real Estate | Hamilton, HC

Hsin Chong Group Holdings Ltd. is an investment company engages in the provision of construction and related services. It operates through the following segments: Building Construction, Civil Engineering, Electrical & Mechanical Engineering, Property Development & Investment; and Corporate & Others. The Building Construction segment refers to both the private and public projects in the field of educational, healthcare, hospitality and tourism, residential, retail, commercial and industrial. The Civil Engineering segment covers projects such as railways, and tunnels, highway infrastructure and bridges, slope stabilization, drainage, foundation, waterworks, and sire formation. The Electrical & Mechanical Engineering segment provides solution such as electrical system, fire protection system, plumbing and drainage, water treatment, and mechanical equipment. The Property Development & Investment segment includes residential property and commercial space development and management. The Corporate & Others segment contains all other related activities. The company was founded by Kan Nee Yeh in 1939 and is headquartered in Hong Kong.

Baguio Green Group Ltd. Waste Management & Recycling

Baguio Green Group Ltd. is an investment holding company, which engages in the provision of environmental services. It operates through the following segments: Cleaning Services Business; Landscaping Services Business; Pest Management Business; and Waste Management and Recycling Business. The Cleaning Services Business segment provides cleaning and public hygiene services to commercial and industrial buildings; residential premises; cultural, leisure, and recreation venues; shopping malls; and education institutions. The Landscaping Services Business segment includes tree survey and arboricultural works; horticultural maintenance; landscape and green projects; lawn maintenance; and supply of plants, trees, and landscape materials. The Pest Management Business segment comprises of termite, rodent, cockroach, mosquito and fly, red fire ant, flea, leisure places pest, bird nuisance, and other common urban pests control. The Waste Management and Recycling Business segment manages commercial and industrial, municipal, construction, food, green, liquid, chemical, and clinical wastes; materials recovery; and waste management projects. The company was founded by Wing Hong Ng and Wing Sun Ng in 1980 and is headquartered in Hong Kong.