Hang Lung Group
| Company type | Public |
|---|---|
| Industry | Property development, Investment holding |
| Founded | September 13, 1960 in Hong Kong |
| Founder | T.H. Chan |
Area served | Hong Kong, Mainland China, Australia |
Key people | Adriel Chan (Chairman, 2024–present), Ronnie Chan (Chairman, 1991–2024) |
| Products | Property development, real estate investment, car park operations, dry cleaning services |
| Website | www |
Hang Lung Group operates as an investment holding enterprise specializing in property development for both sale and lease, alongside managing car park operations, real estate assets, and dry cleaning services. Its affiliate, Hang Lung Properties, stands as one of the foremost property developers in Hong Kong and actively pursues investments within mainland China. As of , Hang Lung Group was positioned at number 1501 on the Forbes Global 2000 ranking.
History
Established by T.H. Chan on 13 September 1960, Hang Lung Group emerged as a prominent real estate developer in Hong Kong, particularly recognized for creating significant residential projects near the Mass Transit Railway. Despite the property market slump during the early 1980s associated with Hong Kong’s transition to Chinese sovereignty, the company sustained its market standing. Its holdings include retail, residential, industrial, and commercial office properties throughout Hong Kong.
In 1988, Hang Lung secured control over Parry Corporation in Australia. On 1 January 1991, Ronnie Chan took over as chairman and steered the company towards expansion opportunities amid mainland China’s growing economy. The group made its mainland debut in Shanghai in 1992 with flagship developments such as Plaza 66 and Grand Gateway 66. Following this achievement, Hang Lung extended its presence to additional cities including Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, and Wuhan.
List of chairmen
- T.H. Chan (1960–1986); founding figure
- Thomas Chen Tseng-tao (1986–1991); T.H. Chan’s brother
- Ronnie Chan (1991–2024); son of T.H. Chan
- Adriel Chan (2024–present); Ronnie Chan’s son
See also
External links
- Articles with short description
- Hang Lung Group
- Land developers of Hong Kong
- Conglomerate companies of Hong Kong
- Conglomerate companies established in 1960
- Construction and civil engineering companies established in 1960
- 1960 establishments in Hong Kong
- Companies listed on the Hong Kong Stock Exchange
- Former companies in the Hang Seng Index