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Nan Fung Group

From Alfawiki
Nan Fung Group
Company typePrivate
IndustryConglomerate (Property development, shipping, textiles, financial services)
FoundedMay 27, 1954; 72 years ago (1954-05-27)
FounderChen Din Hwa
Headquarters
Hong Kong
,
Hong Kong
Area served
Greater China, international markets
Key people
Antony Leung (Group CEO), Vanessa Chen (Managing Director), Vivien Chen (Honorary Chairman)
ProductsProperty development, construction, property management, finance, hospitality, shipping

Nan Fung Group () is a privately owned conglomerate primarily engaged in property development across Greater China, with additional interests in shipping, textiles, and financial services. It stands as one of the largest private property developers based in Hong Kong.

Company background

Established on 27 May 1954 by entrepreneur Chen Din Hwa from Ningbo, Nan Fung initially operated as Nan Fung Textiles Limited (), a modest textile company located in Hong Kong. The group ventured into the real estate sector in 1965 and completed its inaugural significant private residential project, Nam Fung Sun Chuen, situated in Quarry Bay, by 1978.

Property development and other businesses

Property development remains at the heart of Nan Fung Group’s operations. Starting in the mid-1960s, the company focused on acquiring land and buildings for residential and commercial purposes within Hong Kong. During the mid-1990s, it broadened its reach into mainland China’s real estate market, undertaking developments in prominent cities including Beijing, Shanghai, and Guangzhou. Additionally, Nan Fung engages in international ventures either independently or through partnerships in major global urban centers.

Beyond property development, the group also operates across sectors such as construction, property management, finance, hospitality, and shipping.

Executives

Vivien Chen, daughter of founder Chen Din Hwa, assumed the role of Chairman in 2009 following her father's retirement due to health reasons and served until 2014. She continues to be the principal shareholder and holds the position of honorary chairman. Her youngest daughter, Vanessa Chen, currently serves as managing director.

In February 2014, Antony Leung, former Financial Secretary of Hong Kong, was appointed as Group CEO.

List of chairmen