Sun Hung Kai

Type: Public
On the web: http://www.shkp.com
Employees: 27,000

The sun shines bright on Sun Hung Kai Properties' homes, but they are nowhere near Kentucky. It is one of the largest property companies in Hong Kong with a land bank of 43 million sq. ft. The developer's core activities involve investing in and developing real estate -- residential projects, shopping centers, office and industrial properties, and parking lots. Related businesses include financial services, hotel management, and insurance. Sun Hung Kai also has investments in public transportation, telecommunications, information technology, and infrastructure. Focused on Hong Kong, the company also invests in real estate projects in China. Former chairman Walter Kwok's family own some 42% of the company.

Key numbers for fiscal year ending June, 2008:
Sales: $3,134.7M
One year growth: (20.9%)
Net income: $3,606.1M
Income growth: 31.7%

Officers:
Chairman: Siu-hing Kwok
Executive Director and CFO: Securities Brokers & Traders

Competitors:
Cheung Kong Holdings
Hang Lung Properties
Henderson Land Development

Sun Hung Kai may refer to:

• Sun Hung Kai Properties, listed corporation based in Hong Kong, SEHK: 0016
• Sun Hung Kai & Co. Limited, listed non-bank financial corporation in Hong Kong, SEHK 00086
• Sun Hung Kai Bank, a defunct bank in Hong Kong, now Fubon Bank (Hong Kong)
• Sun Hung Kai Centre, skyscraper on Hong Kong Island

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