Hang Lung Properties
|listed company, (SEHK: 101|
|Industry||Real estate, Car park|
|Chairman: Ronnie Chan|
|Parent||Hang Lung Group|
|Hang Lung Properties|
Hang Lung Properties (SEHK: 101, OTC Pink: HLPPY), formerly Amoy Properties and parented by Hang Lung Group, is a Hong Kong real estate company. It is a member of Hang Seng Index Constituent Stocks (blue chip) and is headquartered in the Standard Chartered Bank Building, Central, Hong Kong.
Hang Lung Properties Limited was incorporated in 1949 and was taken over by Hang Lung Group Limited in 1980. It became the property investment arm of Hang Lung Group Limited after the group re-organization in 1987. The company is led by Ronnie Chan.
In November 2010, the company said it was aiming to raise up to HK$10.1 billion through a share placement to finance expansion on the mainland.
The company’s main properties include Standard Chartered Bank Building, Baskerville House, Hang Lung Centre in Causeway Bay, Kornhill Plaza, Grand Centre in Tsim Sha Tsui, as well as One and Two Grand Tower, Hollywood Plaza, and the Park-In Commercial Centre in Mong Kok.