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Henderson Land Development - Wikipedia

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<li id="toc-Senior_leadership" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Senior_leadership"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.1</span> <span>Senior leadership</span> </div> </a> <ul id="toc-Senior_leadership-sublist" class="vector-toc-list"> <li id="toc-Chairman" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Chairman"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.1.1</span> <span>Chairman</span> </div> </a> <ul id="toc-Chairman-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Vice-Chairman" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Vice-Chairman"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.1.2</span> <span>Vice-Chairman</span> </div> </a> <ul id="toc-Vice-Chairman-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> </ul> </li> <li id="toc-Subsidiaries_and_associates" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Subsidiaries_and_associates"> <div class="vector-toc-text"> <span class="vector-toc-numb">2</span> <span>Subsidiaries and associates</span> </div> </a> <ul id="toc-Subsidiaries_and_associates-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Henderson_Investment" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Henderson_Investment"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Henderson Investment</span> </div> </a> <button aria-controls="toc-Henderson_Investment-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Henderson Investment subsection</span> </button> <ul id="toc-Henderson_Investment-sublist" class="vector-toc-list"> <li id="toc-Privatisation_attempt" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Privatisation_attempt"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.1</span> <span>Privatisation attempt</span> </div> </a> <ul id="toc-Privatisation_attempt-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Asset_sale_to_parent" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Asset_sale_to_parent"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.2</span> <span>Asset sale to parent</span> </div> </a> <ul id="toc-Asset_sale_to_parent-sublist" class="vector-toc-list"> <li id="toc-Miramar_and_HK_Ferry" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Miramar_and_HK_Ferry"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.2.1</span> <span>Miramar and HK Ferry</span> </div> </a> <ul id="toc-Miramar_and_HK_Ferry-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Towngas" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Towngas"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.2.2</span> <span>Towngas</span> </div> </a> <ul id="toc-Towngas-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> </ul> </li> <li id="toc-Sunlight_REIT" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Sunlight_REIT"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Sunlight REIT</span> </div> </a> <ul id="toc-Sunlight_REIT-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Development_projects" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Development_projects"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>Development projects</span> </div> </a> <button aria-controls="toc-Development_projects-sublist" 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class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#39_Conduit_Road"> <div class="vector-toc-text"> <span class="vector-toc-numb">5.3</span> <span>39 Conduit Road</span> </div> </a> <ul id="toc-39_Conduit_Road-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-248_Queens_Road_East" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#248_Queens_Road_East"> <div class="vector-toc-text"> <span class="vector-toc-numb">5.4</span> <span>248 Queens Road East</span> </div> </a> <ul id="toc-248_Queens_Road_East-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>See also</span> </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">8</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" 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.infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org">Henderson Land Development Co. Ltd. <br /> 恒基兆業地產有限公司</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:Henderson_Land_Development_Logo.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/en/thumb/1/1a/Henderson_Land_Development_Logo.svg/220px-Henderson_Land_Development_Logo.svg.png" decoding="async" width="220" height="27" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/1/1a/Henderson_Land_Development_Logo.svg/330px-Henderson_Land_Development_Logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/1/1a/Henderson_Land_Development_Logo.svg/440px-Henderson_Land_Development_Logo.svg.png 2x" data-file-width="512" data-file-height="63" /></a></span></td></tr><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:2ifc.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/2ifc.jpg/220px-2ifc.jpg" decoding="async" width="220" height="293" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/2ifc.jpg/330px-2ifc.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/da/2ifc.jpg/440px-2ifc.jpg 2x" data-file-width="1200" data-file-height="1600" /></a></span><div class="infobox-caption">Headquarters at <a href="/wiki/International_Finance_Centre_(Hong_Kong)" title="International Finance Centre (Hong Kong)">International Finance Centre</a></div></td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category">Public</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style><div class="plainlist"><ul><li><a href="/wiki/Hong_Kong_Stock_Exchange" title="Hong Kong Stock Exchange">SEHK</a>:&#160;<a rel="nofollow" class="external text" href="https://www.hkex.com.hk/Market-Data/Securities-Prices/Equities/Equities-Quote?sym=12&amp;sc_lang=en">12</a></li><li><a href="/wiki/Hang_Seng_Index" title="Hang Seng Index">Hang Seng Index</a> component</li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><a href="/wiki/Property" title="Property">Property</a></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data label"><a href="/wiki/Two_International_Finance_Centre" class="mw-redirect" title="Two International Finance Centre">2IFC</a>, <a href="/wiki/Hong_Kong_Island" title="Hong Kong Island">Hong Kong Island</a>, Hong Kong</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent"><a href="/wiki/Lee_Shau_Kee" class="mw-redirect" title="Lee Shau Kee">Lee Shau Kee</a>, <i>Chairman</i> <br /> Colin Lam, <a href="/wiki/Martin_Lee_Ka_Shing" class="mw-redirect" title="Martin Lee Ka Shing">Ka-shing Lee</a>, <a href="/wiki/Peter_Lee_Ka-kit" title="Peter Lee Ka-kit">Ka-kit Lee</a>, <i>Vice Chairmen</i></td></tr><tr><th scope="row" class="infobox-label">Products</th><td class="infobox-data">Real estate, investment, hotels, utilities</td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data"><a href="/wiki/Hong_Kong_dollar" title="Hong Kong dollar">HKD</a> 5,833&#160;million (2005)</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Earnings_before_interest_and_taxes" title="Earnings before interest and taxes">Operating income</a></div></th><td class="infobox-data"><a href="/wiki/Hong_Kong_dollar" title="Hong Kong dollar">HKD</a> 1,763&#160;million (2005)</td></tr><tr><th scope="row" class="infobox-label">Owner</th><td class="infobox-data"><a href="/wiki/Lee_Shau_Kee" class="mw-redirect" title="Lee Shau Kee">Lee Shau Kee</a> (70.17% – June 2015)<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">6,500</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Parent_company" class="mw-redirect" title="Parent company">Parent</a></th><td class="infobox-data">Henderson Development Ltd.</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Subsidiary" title="Subsidiary">Subsidiaries</a></th><td class="infobox-data"><a href="/wiki/Henderson_Investment" title="Henderson Investment">Henderson Investment Ltd.</a></td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><span class="url"><a rel="nofollow" class="external text" href="http://www.hld.com">www<wbr />.hld<wbr />.com</a></span></td></tr><tr><td colspan="2" class="infobox-below"><b>Footnotes&#160;/&#32;references</b><br />Associates: <a href="/wiki/The_Hong_Kong_and_China_Gas_Company_Limited" class="mw-redirect" title="The Hong Kong and China Gas Company Limited">Towngas</a> (41.51%),<br /> Miramar Hotel and Investment Co, Ltd (45.08%)<br />and <a href="/wiki/Hong_Kong_Ferry_(Holdings)_Company_Limited" class="mw-redirect" title="Hong Kong Ferry (Holdings) Company Limited">Hong Kong Ferry</a> (33.33%).</td></tr></tbody></table> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox"><tbody><tr><th colspan="2" class="infobox-above" style="color: #202122;background-color:#b0c4de">Henderson Land Development</th></tr><tr style="display:none;"><td colspan="2" class="infobox-full-data"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></td></tr><tr><th scope="row" class="infobox-label" style="font-weight:normal;"><a href="/wiki/Traditional_Chinese_characters" title="Traditional Chinese characters">Traditional&#160;Chinese</a></th><td class="infobox-data"><span title="Chinese-language text"><span lang="zh-Hant" style="font-size: 1rem;">恒基兆業地產有限公司</span></span></td></tr><tr><th scope="row" class="infobox-label" style="font-weight:normal;"><a href="/wiki/Simplified_Chinese_characters" title="Simplified Chinese characters">Simplified&#160;Chinese</a></th><td class="infobox-data"><span title="Chinese-language text"><span lang="zh-Hans" style="font-size: 1rem;">恒基兆业地产有限公司</span></span></td></tr><tr><td colspan="2" class="infobox-full-data"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox-subbox mw-collapsible mw-collapsed" style="display:inline-table; text-align: left;"><tbody><tr><th colspan="2" class="infobox-above" style="font-size: 100%; text-align: left;color: #202122; background-color: #f9ffbc;">Transcriptions</th></tr><tr><th colspan="2" class="infobox-header" style="color: #202122;background-color: #dcffc9;"><a href="/wiki/Standard_Chinese" title="Standard Chinese">Standard Mandarin</a></th></tr><tr><th scope="row" class="infobox-label" style="font-weight:normal;"><a href="/wiki/Hanyu_Pinyin" class="mw-redirect" title="Hanyu Pinyin">Hanyu Pinyin</a></th><td class="infobox-data"><span title="Chinese-language romanization"><span style="font-style: normal" lang="zh-Latn">Héngjīzhàoyè Dìchǎn Yǒuxiàngōngsī</span></span></td></tr><tr><th colspan="2" class="infobox-header" style="color: #202122;background-color: #dcffc9;"><a href="/wiki/Cantonese" title="Cantonese">Yue: Cantonese</a></th></tr><tr><th scope="row" class="infobox-label" style="font-weight:normal;"><a href="/wiki/Jyutping" title="Jyutping">Jyutping</a></th><td class="infobox-data"><span title="Yue Chinese-language romanization"><span style="font-style: normal" lang="yue-Latn">hang4 gei1 siu6 jip6 dei6 caan2 jau5 haan6 gung1 si1</span></span></td></tr></tbody></table></td><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></tr><tr style="display:none"><td colspan="2"> </td></tr></tbody></table> <p><b>Henderson Land Development Co. Ltd.</b> (<a href="/wiki/Traditional_Chinese_characters" title="Traditional Chinese characters">Chinese</a>&#58; <span lang="zh-Hant">恒基兆業地產有限公司</span>) is a listed <a href="/wiki/Property_developer_in_Hong_Kong" class="mw-redirect" title="Property developer in Hong Kong">property developer in Hong Kong</a> and a constituent of the <a href="/wiki/Hang_Seng_Index" title="Hang Seng Index">Hang Seng Index</a>. The company's principal activities are <a href="/wiki/Real_estate_development" title="Real estate development">property development</a> and investment, project management, construction, hotel operation, department store operation, finance, investment holding and infrastructure. It is the third largest Hong Kong real estate developer by market capitalisation. The company is controlled by <a href="/wiki/Lee_Shau_Kee" class="mw-redirect" title="Lee Shau Kee">Lee Shau Kee</a>, who owns approximately 70.17% of the share capital as of June 2015. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=1" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Founded by Li Shau-kee, the company was taken public in 1981 by Sun Hung Kai Securities. The shares were introduced at HK$4 by a novel, geared, method – there was to be an initial downpayment of HK$1 per share upon subscribing to the offer, with cash calls of another HK$1 six months later. The final HK$2 instalment would be due at the year end.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup> </p><p>In 2006, the <a href="/wiki/State_Administration_of_Foreign_Exchange" title="State Administration of Foreign Exchange">State Administration of Foreign Exchange</a> (SAFE) found that Henderson had breached the foreign-exchange regulations in the amount of HK$565&#160;million. Henderson allegedly engaged Shenzhen Zhaotian Investments, headed by Tian Chenggang – whose father is former vice-premier <a href="/wiki/Tian_Jiyun" title="Tian Jiyun">Tian Jiyun</a> – to lobby for leniency from the potential fine of 150&#160;million yuan, according to Tian. On 4 December 2006, the company was issued with a fine of 2.33&#160;million yuan (HK$2.9&#160;million), which the company paid. Zhaotian sued in Hong Kong in 2012, claiming an oral agreement between Tian Chenggang and CFO Alexander Au for a HK$43 million "consultation fee", and failed upon appeal in 2015 due to the absence of documentary evidence of the agreement.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">&#91;</span>3<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Senior_leadership">Senior leadership</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=2" title="Edit section: Senior leadership"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading4"><h4 id="Chairman">Chairman</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=3" title="Edit section: Chairman"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ol><li><a href="/wiki/Lee_Shau-kee" title="Lee Shau-kee">Lee Shau-kee</a> (1976–2019)</li> <li><a href="/wiki/Peter_Lee_Ka-kit" title="Peter Lee Ka-kit">Peter Lee</a> and <a href="/wiki/Martin_Lee_Ka-shing" title="Martin Lee Ka-shing">Martin Lee</a> (2019– )</li></ol> <div class="mw-heading mw-heading4"><h4 id="Vice-Chairman">Vice-Chairman</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=4" title="Edit section: Vice-Chairman"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ol><li><a href="/wiki/Lo_Tak-shing" title="Lo Tak-shing">Lo Tak-shing</a> (1981–1993)</li> <li>Lo Tak-shing, <a href="/wiki/Peter_Lee_Ka-kit" title="Peter Lee Ka-kit">Peter Lee</a> and Colin Lam (1993–2005)</li> <li>Lo Tak-shing, <a href="/wiki/Peter_Lee_Ka-kit" title="Peter Lee Ka-kit">Peter Lee</a>, Colin Lam and <a href="/wiki/Martin_Lee_Ka-shing" title="Martin Lee Ka-shing">Martin Lee</a> (2005–2006)</li> <li><a href="/wiki/Peter_Lee_Ka-kit" title="Peter Lee Ka-kit">Peter Lee</a>, Colin Lam and <a href="/wiki/Martin_Lee_Ka-shing" title="Martin Lee Ka-shing">Martin Lee</a> (2005–2019)</li> <li>Colin Lam (2019– )</li></ol> <div class="mw-heading mw-heading2"><h2 id="Subsidiaries_and_associates">Subsidiaries and associates</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=5" title="Edit section: Subsidiaries and associates"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The company's stakes in its principal associates as at 31 December 2014 were <a href="/wiki/The_Hong_Kong_and_China_Gas_Company_Limited" class="mw-redirect" title="The Hong Kong and China Gas Company Limited">Towngas</a> (41.51%), Miramar Hotel and Investment Co, Ltd (45.08%) and <a href="/wiki/Hong_Kong_Ferry_(Holdings)_Company_Limited" class="mw-redirect" title="Hong Kong Ferry (Holdings) Company Limited">Hong Kong Ferry</a> (33.33%). </p> <div class="mw-heading mw-heading2"><h2 id="Henderson_Investment">Henderson Investment</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=6" title="Edit section: Henderson Investment"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>As at 31 December 2014, <a href="/wiki/Henderson_Investment" title="Henderson Investment">Henderson Investment</a> ("HI") was a 69.27% listed subsidiary of the company (<i>67.14% as at 30 June 2006</i>),<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">&#91;</span>4<span class="cite-bracket">&#93;</span></a></sup> which previously held the group stakes in the <a href="/wiki/Hong_Kong_Ferry_(Holdings)_Company_Limited" class="mw-redirect" title="Hong Kong Ferry (Holdings) Company Limited">Hong Kong Ferry (Holdings) Company</a>, the <a href="/w/index.php?title=Miramar_Hotel_Group&amp;action=edit&amp;redlink=1" class="new" title="Miramar Hotel Group (page does not exist)">Miramar Hotel Group</a>, and The <a href="/wiki/Hong_Kong_and_China_Gas_Company" class="mw-redirect" title="Hong Kong and China Gas Company">Hong Kong and China Gas Company</a>. Its shares have been consistently trading at below NAV. </p> <div class="mw-heading mw-heading3"><h3 id="Privatisation_attempt">Privatisation attempt</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=7" title="Edit section: Privatisation attempt"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In November 2002, the company attempted to buy out minority shareholders by making an all-cash offer of HKD 7.60, representing a 40% discount to NAV.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">&#91;</span>5<span class="cite-bracket">&#93;</span></a></sup> The buyout offer fell when it was opposed by more than 14% of the holders of the outstanding shares. In November 2005, it made another attempt when it offered one share for every 2.6 share in HI, although the offer was subsequently sweetened to 2.5 shares. The revised deal valued HI at an 18% discount to its net asset value. The company had persuaded shareholder <a href="/wiki/Franklin_Templeton_Investments" title="Franklin Templeton Investments">Templeton Investment</a> to back the buyout. Nevertheless, this second offer was again rejected, more narrowly this time, by 10.94% of the minority vote. This was in excess of the statutory blocking vote of 10%. </p> <div class="mw-heading mw-heading3"><h3 id="Asset_sale_to_parent">Asset sale to parent</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=8" title="Edit section: Asset sale to parent"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading4"><h4 id="Miramar_and_HK_Ferry">Miramar and HK Ferry</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=9" title="Edit section: Miramar and HK Ferry"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>When trading in both companies' shares were suspended on 26 March, there was speculation that the company would launch another buyout attempt after the expiry of the one year legal moratorium.<sup id="cite_ref-buyout_6-0" class="reference"><a href="#cite_note-buyout-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> </p><p>On 27 March 2007, it was reported that the company would not make another privatisation bid for the time being, but offered HK$12.1&#160;billion for some of its subsidiary's assets, principally the holdings in Miramar Hotel and Hong Kong Ferry held by Henderson Investment. HI would make a special distribution of HK$5 per HI after the sale.<sup id="cite_ref-12bn_7-0" class="reference"><a href="#cite_note-12bn-7"><span class="cite-bracket">&#91;</span>7<span class="cite-bracket">&#93;</span></a></sup> Net of the HKD10.35&#160;billion special distribution for its 73.5% stake, Henderson's net cash outlay will be $1.75&#160;billion.<sup id="cite_ref-spy_8-0" class="reference"><a href="#cite_note-spy-8"><span class="cite-bracket">&#91;</span>8<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading4"><h4 id="Towngas">Towngas</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=10" title="Edit section: Towngas"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>On 3 October 2007, the company proposed to pay market value only to gain control of Towngas. It would acquire the 39.06 percent stake in Towngas held by subsidiary Henderson Investment for HK$42.86&#160;billion in cash and convertible notes. Minority shareholders of Henderson Investment, who together hold 30.73%, would receive 204.1&#160;million Henderson Land shares and HK$1.19&#160;billion in cash. The offer was considered by analysts to be favourable to the company, and <a href="/wiki/David_Michael_Webb" class="mw-redirect" title="David Michael Webb">David Webb</a> criticised the deal saying Henderson was acquiring the stake on the cheap, without paying any <a href="/wiki/Control_premium" title="Control premium">control premium</a> to minority shareholders of Henderson Investment. Webb further criticised the nature of the offer as a back-door privatisation of Henderson Investment, which would virtually be a <a href="/wiki/Shell_company" class="mw-redirect" title="Shell company">shell company</a> after the transfer of the stake.<sup id="cite_ref-towngas_9-0" class="reference"><a href="#cite_note-towngas-9"><span class="cite-bracket">&#91;</span>9<span class="cite-bracket">&#93;</span></a></sup> </p><p>On 7 November, Henderson sweetened the offer to appease minority shareholders (mainly Elliott Capital) by increasing the cash portion to HK$2.24 per share.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup> On 7 December 2007, Henderson secured shareholders' support for the usurpation.<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Sunlight_REIT">Sunlight REIT</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=11" title="Edit section: Sunlight REIT"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>On 8 December 2006, the company spun off and listed 12 office and 8 retail properties in Hong Kong into a <a href="/wiki/Real_Estate_Investment_Trust" class="mw-redirect" title="Real Estate Investment Trust">Real Estate Investment Trust</a>, <i>Sunlight</i>.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">&#91;</span>12<span class="cite-bracket">&#93;</span></a></sup> However, the issue fell by 6.5% on its market début on 21 December, and as at March 2007 has fallen 16.2 percent (since the listing) due to investors' apprehension of financial engineering of the REIT. </p><p>The estimated distribution yield stands at 10%, the highest among Hong Kong REITs. Yet, investors fear a decline of distribution after yield-boosting mechanisms, such as interest swaps. Henderson Land also offered a temporary dividend waiver as a sweetener. Yields are expected to fall in 2010, and again in 2012 as rental reversions come through.<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup> The issue's flop was cited as the reason <a href="/wiki/Regal_Hotels_International" title="Regal Hotels International">Regal Hotels International</a> chose to delay its own planned REIT offering. </p> <div class="mw-heading mw-heading2"><h2 id="Development_projects">Development projects</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=12" title="Edit section: Development projects"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Beverly_Hill">Beverly Hill</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=13" title="Edit section: Beverly Hill"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size mw-halign-left" typeof="mw:File/Thumb"><a href="/wiki/File:HK_Happy_Valley_Link_Rd_Beverly_Hill_f.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/2/27/HK_Happy_Valley_Link_Rd_Beverly_Hill_f.jpg/220px-HK_Happy_Valley_Link_Rd_Beverly_Hill_f.jpg" decoding="async" width="220" height="165" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/27/HK_Happy_Valley_Link_Rd_Beverly_Hill_f.jpg/330px-HK_Happy_Valley_Link_Rd_Beverly_Hill_f.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/27/HK_Happy_Valley_Link_Rd_Beverly_Hill_f.jpg/440px-HK_Happy_Valley_Link_Rd_Beverly_Hill_f.jpg 2x" data-file-width="1280" data-file-height="960" /></a><figcaption>Beverly Hill</figcaption></figure> <p>Beverly Hill (<a href="/wiki/Traditional_Chinese_characters" title="Traditional Chinese characters">Chinese</a>&#58; <span lang="zh-Hant">比華利山</span>) is an upper class <a href="/wiki/Private_housing_estate" class="mw-redirect" title="Private housing estate">private housing estate</a> in <a href="/wiki/Happy_Valley,_Hong_Kong" title="Happy Valley, Hong Kong">Happy Valley, Hong Kong</a>, jointly developed by Henderson Land Development and <a href="/wiki/Hang_Lung_Properties" title="Hang Lung Properties">Hang Lung Properties</a> in 1988. It has ten 37-storey residential blocks built at a very steep <a href="/wiki/Slope" title="Slope">slope</a> of <a href="/w/index.php?title=Broadwood_Road&amp;action=edit&amp;redlink=1" class="new" title="Broadwood Road (page does not exist)">Broadwood Road</a> and Link Road.<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">&#91;</span>14<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="International_Finance_Centre">International Finance Centre</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=14" title="Edit section: International Finance Centre"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:39_Conduit_Road.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/e/ef/39_Conduit_Road.jpg/170px-39_Conduit_Road.jpg" decoding="async" width="170" height="296" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/ef/39_Conduit_Road.jpg/255px-39_Conduit_Road.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/ef/39_Conduit_Road.jpg/340px-39_Conduit_Road.jpg 2x" data-file-width="1382" data-file-height="2406" /></a><figcaption><a href="/wiki/39_Conduit_Road" title="39 Conduit Road">39 Conduit Road</a></figcaption></figure> <p>In a joint venture with <a href="/wiki/Sun_Hung_Kai_Properties" title="Sun Hung Kai Properties">Sun Hung Kai</a> and <a href="/wiki/MTR_Corporation" title="MTR Corporation">MTR Corporation</a>, the company developed the <a href="/wiki/International_Finance_Centre_(Hong_Kong)" title="International Finance Centre (Hong Kong)">International Finance Centre</a> complex, which includes the landmark waterfront property and then tallest building in Hong Kong, completed in 2003.<sup id="cite_ref-ifc2_16-0" class="reference"><a href="#cite_note-ifc2-16"><span class="cite-bracket">&#91;</span>16<span class="cite-bracket">&#93;</span></a></sup> Since its completion, the company has its headquarters in the building. </p> <div class="mw-heading mw-heading3"><h3 id="39_Conduit_Road"><a href="/wiki/39_Conduit_Road" title="39 Conduit Road">39 Conduit Road</a></h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=15" title="Edit section: 39 Conduit Road"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>39 Conduit Road is a residential development by the company situated in the <a href="/wiki/Mid-levels" class="mw-redirect" title="Mid-levels">mid-levels in Hong Kong</a>. Soon after the development was launched in October 2009, the developer claimed to have sold a five bedroom duplex flat, on the "68th floor" of the 46-storey the building for <a href="/wiki/Hong_Kong_dollar" title="Hong Kong dollar">HK$</a>439&#160;million (US$57m). The price, equating to US$9,200 per square foot, set the new world record for the most expensive apartment.<sup id="cite_ref-wra_17-0" class="reference"><a href="#cite_note-wra-17"><span class="cite-bracket">&#91;</span>17<span class="cite-bracket">&#93;</span></a></sup> </p><p>Due to selective numbering, a total of 42 intermediate floor numbers are missing from 39 Conduit Road: these include 14, 24, 34, 64, all floors between 40 and 59. The floor above the 68th is the 88th.<sup id="cite_ref-hks20091022_18-0" class="reference"><a href="#cite_note-hks20091022-18"><span class="cite-bracket">&#91;</span>18<span class="cite-bracket">&#93;</span></a></sup> The Democratic Party accused the developer of misleading; the Consumer Council recognised the accepted common practice of skipping the 13th and 14th floors, but suggested that developers "imaginary heights brought back to earth." Lee Shau Kee argued that buyers liked the numbering scheme.<sup id="cite_ref-hks20091022_18-1" class="reference"><a href="#cite_note-hks20091022-18"><span class="cite-bracket">&#91;</span>18<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="248_Queens_Road_East"><a href="/wiki/MLC_Tower" class="mw-redirect" title="MLC Tower">248 Queens Road East</a></h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=16" title="Edit section: 248 Queens Road East"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>A 40-storey building developed in 1998. </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=17" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Murray_Road_Multi-storey_Car_Park_Building" title="Murray Road Multi-storey Car Park Building">Murray Road Multi-storey Car Park Building</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=18" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.scmp.com/business/companies/article/1814730/hong-kongs-henderson-investment-chairman-lee-shau-kee-will-resign">"Lee Shau-kee in no hurry to give up Henderson Land chair"</a>. 2 June 2015.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Lee+Shau-kee+in+no+hurry+to+give+up+Henderson+Land+chair&amp;rft.date=2015-06-02&amp;rft_id=http%3A%2F%2Fwww.scmp.com%2Fbusiness%2Fcompanies%2Farticle%2F1814730%2Fhong-kongs-henderson-investment-chairman-lee-shau-kee-will-resign&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.scmp.com/business/article/1929440/hong-kongs-billionaire-tycoons-dont-really-know-where-property-market">"Hong Kong's billionaire tycoons don't really know where the property market is headed, they just act like they do"</a>. <i>scmp.com</i>. 23 March 2016<span class="reference-accessdate">. Retrieved <span class="nowrap">16 April</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=scmp.com&amp;rft.atitle=Hong+Kong%27s+billionaire+tycoons+don%27t+really+know+where+the+property+market+is+headed%2C+they+just+act+like+they+do&amp;rft.date=2016-03-23&amp;rft_id=http%3A%2F%2Fwww.scmp.com%2Fbusiness%2Farticle%2F1929440%2Fhong-kongs-billionaire-tycoons-dont-really-know-where-property-market&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.scmp.com/news/article/1736205/tian-jiyuns-son-loses-appeal-over-hk43m-payment-henderson">"Princeling loses appeal over HK$43m 'payment' from Henderson"</a>. 12 March 2015.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Princeling+loses+appeal+over+HK%2443m+%27payment%27+from+Henderson&amp;rft.date=2015-03-12&amp;rft_id=http%3A%2F%2Fwww.scmp.com%2Fnews%2Farticle%2F1736205%2Ftian-jiyuns-son-loses-appeal-over-hk43m-payment-henderson&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20070927011424/http://www.hld.com/eng/finan/doc/report/0506/annual/hld/principal.pdf">"2005/6 Annual Report"</a> <span class="cs1-format">(PDF)</span>. Henderson Land Development Limited. Archived from <a rel="nofollow" class="external text" href="http://www.hld.com/eng/finan/doc/report/0506/annual/hld/principal.pdf">the original</a> <span class="cs1-format">(PDF)</span> on 27 September 2007<span class="reference-accessdate">. Retrieved <span class="nowrap">27 March</span> 2007</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=2005%2F6+Annual+Report&amp;rft.pub=Henderson+Land+Development+Limited&amp;rft_id=http%3A%2F%2Fwww.hld.com%2Feng%2Ffinan%2Fdoc%2Freport%2F0506%2Fannual%2Fhld%2Fprincipal.pdf&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFWebb" class="citation web cs1">Webb, David. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20070101154119/http://www.webb-site.com/articles/0097.htm">"Henderson Investment Limited"</a>. webb-site.com. Archived from <a rel="nofollow" class="external text" href="http://www.webb-site.com/articles/0097.htm">the original</a> on 1 January 2007<span class="reference-accessdate">. Retrieved <span class="nowrap">27 March</span> 2007</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Henderson+Investment+Limited&amp;rft.pub=webb-site.com&amp;rft.aulast=Webb&amp;rft.aufirst=David&amp;rft_id=http%3A%2F%2Fwww.webb-site.com%2Farticles%2F0097.htm&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> <li id="cite_note-buyout-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-buyout_6-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFSito2007" class="citation news cs1">Sito, Peggy (27 March 2007). "Henderson fuels buyout talk". <i>South China Morning Post</i>. Hong Kong. p.&#160;B1.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=South+China+Morning+Post&amp;rft.atitle=Henderson+fuels+buyout+talk&amp;rft.pages=B1&amp;rft.date=2007-03-27&amp;rft.aulast=Sito&amp;rft.aufirst=Peggy&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> <li id="cite_note-12bn-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-12bn_7-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFSito2007" class="citation news cs1">Sito, Peggy (28 March 2007). "Henderson Land offers HK12.1b for unit's assets". <i>South China Morning Post</i>. Hong Kong. p.&#160;B1.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=South+China+Morning+Post&amp;rft.atitle=Henderson+Land+offers+HK12.1b+for+unit%27s+assets&amp;rft.pages=B1&amp;rft.date=2007-03-28&amp;rft.aulast=Sito&amp;rft.aufirst=Peggy&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> <li id="cite_note-spy-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-spy_8-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFWang2005" class="citation news cs1">Wang, Raymond (28 March 2005). <a rel="nofollow" class="external text" href="https://web.archive.org/web/20110522034956/http://www.thestandard.com.hk/news_detail.asp?pp_cat=2&amp;art_id=41121&amp;sid=12862246&amp;con_type=3">"Henderson shuffle"</a>. <i>The Standard</i>. Hong Kong. Archived from <a rel="nofollow" class="external text" href="http://www.thestandard.com.hk/news_detail.asp?pp_cat=2&amp;art_id=41121&amp;sid=12862246&amp;con_type=3">the original</a> on 22 May 2011<span class="reference-accessdate">. Retrieved <span class="nowrap">28 March</span> 2007</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=The+Standard&amp;rft.atitle=Henderson+shuffle&amp;rft.date=2005-03-28&amp;rft.aulast=Wang&amp;rft.aufirst=Raymond&amp;rft_id=http%3A%2F%2Fwww.thestandard.com.hk%2Fnews_detail.asp%3Fpp_cat%3D2%26art_id%3D41121%26sid%3D12862246%26con_type%3D3&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> <li id="cite_note-towngas-9"><span class="mw-cite-backlink"><b><a href="#cite_ref-towngas_9-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFCheung2007" class="citation news cs1">Cheung, Victor (4 October 2007). <a rel="nofollow" class="external text" href="https://web.archive.org/web/20110522045816/http://www.thestandard.com.hk/news_detail.asp?pp_cat=1&amp;art_id=54467&amp;sid=15660537&amp;con_type=1&amp;d_str=20071004&amp;sear_year=2007">"Henderson makes $42.86b offer for Towngas control"</a>. <i>The Standard</i>. Hong Kong. Archived from <a rel="nofollow" class="external text" href="http://www.thestandard.com.hk/news_detail.asp?pp_cat=1&amp;art_id=54467&amp;sid=15660537&amp;con_type=1&amp;d_str=20071004&amp;sear_year=2007">the original</a> on 22 May 2011<span class="reference-accessdate">. Retrieved <span class="nowrap">4 October</span> 2007</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=The+Standard&amp;rft.atitle=Henderson+makes+%2442.86b+offer+for+Towngas+control&amp;rft.date=2007-10-04&amp;rft.aulast=Cheung&amp;rft.aufirst=Victor&amp;rft_id=http%3A%2F%2Fwww.thestandard.com.hk%2Fnews_detail.asp%3Fpp_cat%3D1%26art_id%3D54467%26sid%3D15660537%26con_type%3D1%26d_str%3D20071004%26sear_year%3D2007&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> <li id="cite_note-10"><span class="mw-cite-backlink"><b><a href="#cite_ref-10">^</a></b></span> <span class="reference-text">Victor Cheung, <a rel="nofollow" class="external text" href="http://www.thestandard.com.hk/news_detail.asp?pp_cat=1&amp;art_id=56546&amp;sid=16181196&amp;con_type=1&amp;d_str=20071109&amp;sear_year=2007">"Henderson Land all set to take over Towngas"</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20110522052301/http://www.thestandard.com.hk/news_detail.asp?pp_cat=1&amp;art_id=56546&amp;sid=16181196&amp;con_type=1&amp;d_str=20071109&amp;sear_year=2007">Archived</a> 22 May 2011 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a>, <i>The Standard</i>, 9 November 2007</span> </li> <li id="cite_note-11"><span class="mw-cite-backlink"><b><a href="#cite_ref-11">^</a></b></span> <span class="reference-text">Victor Cheung, <a rel="nofollow" class="external text" href="http://www.thestandard.com.hk/news_detail.asp?pp_cat=1&amp;art_id=58266&amp;sid=16655998&amp;con_type=1&amp;d_str=20071208&amp;sear_year=2007">Henderson Land gets control of Towngas</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20110522052314/http://www.thestandard.com.hk/news_detail.asp?pp_cat=1&amp;art_id=58266&amp;sid=16655998&amp;con_type=1&amp;d_str=20071208&amp;sear_year=2007">Archived</a> 22 May 2011 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a>, <i>The Standard</i>, 8 December 2007</span> </li> <li id="cite_note-12"><span class="mw-cite-backlink"><b><a href="#cite_ref-12">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20070927011549/http://www.hld.com/eng/finan/doc/annoucements/ann20061208_HLD.pdf">"Proposed Listing and Offering of Units of Sunlight Real Estate Investment Trust on the Main Board"</a> <span class="cs1-format">(PDF)</span>. Henderson Land Development Limited. 8 December 2006. Archived from <a rel="nofollow" class="external text" href="http://www.hld.com/eng/finan/doc/annoucements/ann20061208_HLD.pdf">the original</a> <span class="cs1-format">(PDF)</span> on 27 September 2007<span class="reference-accessdate">. Retrieved <span class="nowrap">27 March</span> 2007</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Proposed+Listing+and+Offering+of+Units+of+Sunlight+Real+Estate+Investment+Trust+on+the+Main+Board&amp;rft.pub=Henderson+Land+Development+Limited&amp;rft.date=2006-12-08&amp;rft_id=http%3A%2F%2Fwww.hld.com%2Feng%2Ffinan%2Fdoc%2Fannoucements%2Fann20061208_HLD.pdf&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> <li id="cite_note-13"><span class="mw-cite-backlink"><b><a href="#cite_ref-13">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKu2007" class="citation news cs1">Ku, Daisy (13 March 2007). <a rel="nofollow" class="external text" href="http://asia.news.yahoo.com/070313/3/2yuld.html">"HK's Regal launches US$375 mln hotel REIT"</a>. <a href="/wiki/Reuters" title="Reuters">Reuters</a>/<a href="/wiki/Yahoo!" class="mw-redirect" title="Yahoo!">Yahoo!Finance</a><span class="reference-accessdate">. Retrieved <span class="nowrap">23 March</span> 2007</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.atitle=HK%27s+Regal+launches+US%24375+mln+hotel+REIT&amp;rft.date=2007-03-13&amp;rft.aulast=Ku&amp;rft.aufirst=Daisy&amp;rft_id=http%3A%2F%2Fasia.news.yahoo.com%2F070313%2F3%2F2yuld.html&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span><sup class="noprint Inline-Template"><span style="white-space: nowrap;">&#91;<i><a href="/wiki/Wikipedia:Link_rot" title="Wikipedia:Link rot"><span title="&#160;Dead link tagged January 2018">permanent dead link</span></a></i><span style="visibility:hidden; color:transparent; padding-left:2px">&#8205;</span>&#93;</span></sup></span> </li> <li id="cite_note-14"><span class="mw-cite-backlink"><b><a href="#cite_ref-14">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.hy.com.hk/english/estatehp/hk/beveryhill/main.htm">Beverly Hill</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20100125145929/http://www.hy.com.hk/english/estatehp/hk/beveryhill/main.htm">Archived</a> 25 January 2010 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a></span> </li> <li id="cite_note-15"><span class="mw-cite-backlink"><b><a href="#cite_ref-15">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.hld.com/construction/80_beverly.html">"E Man Construction Co. Ltd"</a>. <i>www.hld.com</i><span class="reference-accessdate">. Retrieved <span class="nowrap">16 April</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=www.hld.com&amp;rft.atitle=E+Man+Construction+Co.+Ltd.&amp;rft_id=http%3A%2F%2Fwww.hld.com%2Fconstruction%2F80_beverly.html&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> <li id="cite_note-ifc2-16"><span class="mw-cite-backlink"><b><a href="#cite_ref-ifc2_16-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBloomberg2003" class="citation news cs1">Bloomberg (18 June 2003). <a rel="nofollow" class="external text" href="https://web.archive.org/web/20080521090824/http://www.thestandard.com.hk/news_detail.asp?pp_cat=&amp;art_id=21885&amp;sid=&amp;con_type=1&amp;d_str=20030618&amp;sear_year=2003">"Tenanting tallest tower looks likely to be a tall order"</a>. The Standard. Archived from <a rel="nofollow" class="external text" href="http://www.thestandard.com.hk/news_detail.asp?pp_cat=&amp;art_id=21885&amp;sid=&amp;con_type=1&amp;d_str=20030618&amp;sear_year=2003">the original</a> on 21 May 2008<span class="reference-accessdate">. Retrieved <span class="nowrap">23 March</span> 2007</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.atitle=Tenanting+tallest+tower+looks+likely+to+be+a+tall+order&amp;rft.date=2003-06-18&amp;rft.au=Bloomberg&amp;rft_id=http%3A%2F%2Fwww.thestandard.com.hk%2Fnews_detail.asp%3Fpp_cat%3D%26art_id%3D21885%26sid%3D%26con_type%3D1%26d_str%3D20030618%26sear_year%3D2003&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> <li id="cite_note-wra-17"><span class="mw-cite-backlink"><b><a href="#cite_ref-wra_17-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://archive.today/20121209140221/http://www.worldrecordsacademy.org/business/most_expensive_apartment-Hong_Kong_flat_sets_world_record_90382.htm">"Most expensive apartment-Hong Kong flat sets world record"</a>. <i>World Records Academy</i>. 21 October 2009. Archived from <a rel="nofollow" class="external text" href="http://www.worldrecordsacademy.org/business/most_expensive_apartment-Hong_Kong_flat_sets_world_record_90382.htm">the original</a> on 9 December 2012<span class="reference-accessdate">. Retrieved <span class="nowrap">22 October</span> 2009</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=World+Records+Academy&amp;rft.atitle=Most+expensive+apartment-Hong+Kong+flat+sets+world+record&amp;rft.date=2009-10-21&amp;rft_id=http%3A%2F%2Fwww.worldrecordsacademy.org%2Fbusiness%2Fmost_expensive_apartment-Hong_Kong_flat_sets_world_record_90382.htm&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> <li id="cite_note-hks20091022-18"><span class="mw-cite-backlink">^ <a href="#cite_ref-hks20091022_18-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-hks20091022_18-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFMoyYiu,_Derek2009" class="citation news cs1">Moy, Patsy; Yiu, Derek (22 October 2009). <a rel="nofollow" class="external text" href="https://web.archive.org/web/20110604141527/http://www.thestandard.com.hk/news_detail.asp?pp_cat=30&amp;art_id=89459&amp;sid=25772976&amp;con_type=1">"Raising the roof over developer's tall story"</a>. <i>The Standard</i>. Archived from <a rel="nofollow" class="external text" href="http://www.thestandard.com.hk/news_detail.asp?pp_cat=30&amp;art_id=89459&amp;sid=25772976&amp;con_type=1">the original</a> on 4 June 2011.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=The+Standard&amp;rft.atitle=Raising+the+roof+over+developer%27s+tall+story&amp;rft.date=2009-10-22&amp;rft.aulast=Moy&amp;rft.aufirst=Patsy&amp;rft.au=Yiu%2C+Derek&amp;rft_id=http%3A%2F%2Fwww.thestandard.com.hk%2Fnews_detail.asp%3Fpp_cat%3D30%26art_id%3D89459%26sid%3D25772976%26con_type%3D1&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AHenderson+Land+Development" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Henderson_Land_Development&amp;action=edit&amp;section=19" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li class="mw-empty-elt"></li> <li>Business data for Henderson Land Development: <style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist dl ul,.mw-parser-output .hlist ol dl,.mw-parser-output .hlist ol ol,.mw-parser-output .hlist ol ul,.mw-parser-output .hlist ul dl,.mw-parser-output .hlist ul ol,.mw-parser-output .hlist ul ul{display:inline}.mw-parser-output .hlist .mw-empty-li{display:none}.mw-parser-output .hlist dt::after{content:": "}.mw-parser-output .hlist dd::after,.mw-parser-output .hlist li::after{content:" · ";font-weight:bold}.mw-parser-output .hlist dd:last-child::after,.mw-parser-output .hlist dt:last-child::after,.mw-parser-output .hlist li:last-child::after{content:none}.mw-parser-output .hlist dd dd:first-child::before,.mw-parser-output .hlist dd dt:first-child::before,.mw-parser-output .hlist dd li:first-child::before,.mw-parser-output .hlist dt dd:first-child::before,.mw-parser-output .hlist dt dt:first-child::before,.mw-parser-output .hlist dt li:first-child::before,.mw-parser-output .hlist li dd:first-child::before,.mw-parser-output .hlist li dt:first-child::before,.mw-parser-output .hlist li li:first-child::before{content:" (";font-weight:normal}.mw-parser-output .hlist dd dd:last-child::after,.mw-parser-output .hlist dd dt:last-child::after,.mw-parser-output .hlist dd li:last-child::after,.mw-parser-output .hlist dt dd:last-child::after,.mw-parser-output .hlist dt dt:last-child::after,.mw-parser-output .hlist dt li:last-child::after,.mw-parser-output .hlist li dd:last-child::after,.mw-parser-output .hlist li dt:last-child::after,.mw-parser-output .hlist li li:last-child::after{content:")";font-weight:normal}.mw-parser-output .hlist ol{counter-reset:listitem}.mw-parser-output .hlist ol>li{counter-increment:listitem}.mw-parser-output .hlist ol>li::before{content:" "counter(listitem)"\a0 "}.mw-parser-output .hlist dd ol>li:first-child::before,.mw-parser-output .hlist dt ol>li:first-child::before,.mw-parser-output .hlist li ol>li:first-child::before{content:" ("counter(listitem)"\a0 "}</style><div class="hlist inline"><ul><li><a rel="nofollow" class="external text" href="https://www.bloomberg.com/quote/0012:HK">Bloomberg</a></li><li><a rel="nofollow" class="external text" href="https://www.google.com/finance/quote/HKG:+0012">Google</a></li><li><a rel="nofollow" class="external text" href="https://www.reuters.com/markets/companies/0012.HK">Reuters</a></li><li><a rel="nofollow" class="external text" href="https://finance.yahoo.com/quote/0012.HK">Yahoo!</a></li></ul></div></li> <li><a rel="nofollow" class="external text" href="http://www.hld.com/en/index.shtml">Official Group website</a></li></ul> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1236075235">.mw-parser-output .navbox{box-sizing:border-box;border:1px solid #a2a9b1;width:100%;clear:both;font-size:88%;text-align:center;padding:1px;margin:1em auto 0}.mw-parser-output .navbox .navbox{margin-top:0}.mw-parser-output .navbox+.navbox,.mw-parser-output .navbox+.navbox-styles+.navbox{margin-top:-1px}.mw-parser-output .navbox-inner,.mw-parser-output .navbox-subgroup{width:100%}.mw-parser-output .navbox-group,.mw-parser-output .navbox-title,.mw-parser-output .navbox-abovebelow{padding:0.25em 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href="/wiki/Hang_Seng_Bank" title="Hang Seng Bank">Hang Seng Bank</a></li> <li><a href="/wiki/Hong_Kong_Exchanges_and_Clearing" title="Hong Kong Exchanges and Clearing">Hong Kong Exchanges and Clearing</a></li> <li><a href="/wiki/China_Construction_Bank" title="China Construction Bank">China Construction Bank</a></li> <li><a href="/wiki/AIA_Group" title="AIA Group">AIA Group</a></li> <li><a href="/wiki/Industrial_and_Commercial_Bank_of_China" title="Industrial and Commercial Bank of China">Industrial and Commercial Bank of China</a></li> <li><a href="/wiki/Ping_An_Insurance" title="Ping An Insurance">Ping An Insurance</a></li> <li><a href="/wiki/Bank_of_China_(Hong_Kong)" title="Bank of China (Hong Kong)">Bank of China (Hong Kong)</a></li> <li><a href="/wiki/China_Life_Insurance_Company" title="China Life Insurance Company">China Life Insurance Company</a></li> <li><a href="/wiki/China_Merchants_Bank" title="China Merchants Bank">China Merchants Bank</a></li> <li><a href="/wiki/Bank_of_China" title="Bank of China">Bank of China</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;"><a href="/wiki/Utilities" class="mw-redirect" title="Utilities">Utilities</a></th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/CLP_Group" title="CLP Group">CLP Group</a></li> <li><a href="/wiki/The_Hong_Kong_and_China_Gas_Company" title="The Hong Kong and China Gas Company">The Hong Kong and China Gas Company</a></li> <li><a href="/wiki/Power_Assets_Holdings" title="Power Assets Holdings">Power Assets Holdings</a></li> <li><a href="/wiki/China_Resources_Power" title="China Resources Power">China Resources Power</a></li> <li><a href="/wiki/CK_Infrastructure_Holdings" title="CK Infrastructure Holdings">CK Infrastructure Holdings</a></li> <li><a href="/wiki/ENN_Energy" title="ENN Energy">ENN Energy</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;text-align: left;"><a href="/wiki/Property" title="Property">Properties</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a class="mw-selflink selflink">Henderson Land Development</a></li> <li><a href="/wiki/Sun_Hung_Kai_Properties" title="Sun Hung Kai Properties">Sun Hung Kai Properties</a></li> <li><a href="/wiki/New_World_Development" title="New World Development">New World Development</a></li> <li><a href="/wiki/Hang_Lung_Properties" title="Hang Lung Properties">Hang Lung Properties</a></li> <li><a href="/wiki/China_Overseas_Land_and_Investment" title="China Overseas Land and Investment">China Overseas Land and Investment</a></li> <li><a href="/wiki/Link_REIT" title="Link REIT">Link REIT</a></li> <li><a href="/wiki/Longfor_Properties" title="Longfor Properties">Longfor Properties</a></li> <li><a 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style="padding:0 0.25em"> <ul><li><a href="/wiki/CK_Hutchison_Holdings" title="CK Hutchison Holdings">CK Hutchison Holdings</a></li> <li><a href="/wiki/Galaxy_Entertainment_Group" title="Galaxy Entertainment Group">Galaxy Entertainment Group</a></li> <li><a href="/wiki/MTR_Corporation" title="MTR Corporation">MTR Corporation</a></li> <li><a href="/wiki/Geely_Auto" title="Geely Auto">Geely Auto</a></li> <li><a href="/wiki/Alibaba_Health" title="Alibaba Health">Alibaba Health</a></li> <li><a href="/wiki/CITIC_Limited" title="CITIC Limited">CITIC Limited</a></li> <li><a href="/wiki/WH_Group" title="WH Group">WH Group</a></li> <li><a href="/wiki/China_Resources_Beer" title="China Resources Beer">China Resources Beer</a></li> <li><a href="/wiki/Orient_Overseas_(International)_Limited" title="Orient Overseas (International) Limited">Orient Overseas (International) Limited</a></li> <li><a href="/wiki/Tingyi" class="mw-redirect" title="Tingyi">Tingyi</a></li> <li><a href="/wiki/Sinopec" title="Sinopec">Sinopec</a></li> <li><a href="/wiki/Techtronic_Industries" title="Techtronic Industries">Techtronic Industries</a></li> <li><a href="/wiki/Tencent" title="Tencent">Tencent</a></li> <li><a href="/wiki/China_Unicom" title="China Unicom">China Unicom</a></li> <li><a href="/wiki/PetroChina" title="PetroChina">PetroChina</a></li> <li><a href="/wiki/Xinyi_Glass" title="Xinyi Glass">Xinyi Glass</a></li> <li><a href="/wiki/Zhongsheng_Group" title="Zhongsheng Group">Zhongsheng Group</a></li> <li><a href="/wiki/CNOOC_Limited" title="CNOOC Limited">CNOOC Limited</a></li> <li><a href="/wiki/China_Mobile" title="China Mobile">China Mobile</a></li> <li><a href="/wiki/Xinyi_Solar" title="Xinyi Solar">Xinyi Solar</a></li> <li><a href="/wiki/Semiconductor_Manufacturing_International_Corporation" title="Semiconductor Manufacturing International Corporation">Semiconductor Manufacturing International Corporation</a></li> <li><a href="/wiki/Lenovo" title="Lenovo">Lenovo</a></li> <li><a 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