Cheung Kong Holdings
Cheung Kong Holdings has been listed on the Hong Kong Stock Exchange since 1972. It is a property development and strategic investment company, with substantial interests in life sciences and other businesses.
It is one of the largest developers in Hong Kong with a long history of property development. About one in twelve of the private residences in Hong Kong were developed by the company.
The company and Sun Hung Kai Properties are together increasingly dominant in the development of new private homes, accounting for 70% of the market in 2010, up from around half of that in 2003. This concentration, with much of the rest of the market occupied by other very large firms, is attributed to the government's policy of auctioning land in expensively large blocks, squeezing out small and mid-sized firms, according to the Consumer Council.
Its board of directors includes Wong Yuchin, Victor Li Tzar-kuoi, elder son of Li Ka-shing, Canning Fok, Simon Murray, and is chaired by Li senior.
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... The market capitalisation of the Cheung Kong Group's Hong Kong listed companies amounted to HK$815 billion (US$100 billion) as at 15 May 2007 ...
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