Hang Lung Properties Limited, the operating arm of Hang Lung Group Limited, 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.
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.
Image Credit: Hung Lung Properties
