Hon Kwok selected the Forbes Asia’s 200 Best Under A Billion List in 2019

23 November 2020

Hon Kwok selected the Forbes Asia’s 200 Best Under A Billion List in 2019

Hon Kwok Land Investment Co., Ltd. was honorably named on the Forbes Asia’s 200 Best Under A Billion List in 2019. Forbes Asia’s Best Under A Billion list spotlights 200 top performing publicly listed companies in the Asia-Pacific region with sales under $1 billion and a track record of strong earnings growth.

source: FORBES ASIA JULY / AUGUST 2019

To celebrate the success of these 200 Best Under A Billion companies, Forbes Asia has hosted a virtual Forum and Awards Ceremony on 23 November 2020. Our director Mr. James Wong represented Hon Kwok to attend the ceremony with our colleagues together watching the ceremony at Boardroom that afternoon.



Hon Kwok Land Signs Lease Agreement with Global Industry Leader for En-Bloc Data Centre in Kwai Chung

15 June 2020

Hon Kwok Land Signs Lease Agreement with Global Industry Leader for En-Bloc Data Centre in Kwai Chung

Located in Kwai Chung, Hon Kwok Land's newly completed data centre has a GFA of about 228,000 square feet, with UTI Tier III standards.

HONG KONG, June 15, 2020 – Hon Kwok Land Investment Company, Limited (“Hon Kwok Land” or the “Group”; Stock Code: 160), is pleased to announce that its wholly-owned subsidiary, Gold Famous Development Limited, has entered into a long-term lease agreement with a global data centre industry leader for en-bloc space of the Group’s newly completed data centre in Kwai Chung. This move is a milestone, expanding Hon Kwok Land’s capability to develop special-purpose properties with highly specific building requirements for enterprise customers. It also marks an important advance to the Group’s portfolio by leveraging its advantage as a property developer and construction conglomerate.

The only high power density data centre in Hong Kong built in recent years.

The newly completed data centre is a 14-storey building with a GFA of about 228,000 square feet, designed for data centre purpose with UTI Tier III standards. To address enterprise requirements for operational stability, the building features transformer rooms of 132kV and 11kV powered by CLP Power Hong Kong Limited, providing the facilities with a 50MVA + 26 MVA dual-feed power supplies. It is currently the only data centre capable of providing high-density power supply with 24 MW IT loads in Hong Kong that has been built in recent years. The data centre is expected to commence full operations by September 2021.

Mr. James Wong Jr., Executive Director of Hon Kwok Land, said, “The data centre market is a new direction for us. With more than 40 years in the property business, the Group is sensitive to market trends. We saw that the advent of 5G mobile networks in Hong Kong would spur a vast need for storing and processing data. Therefore, we developed and funded this data centre project from 2015 and completed the building utilising the advantages of Chinney Alliance Group Limited (“Chinney Alliance”, Stock Code: 0385) for its extensive experiences and expertise in foundation works, superstructure construction and building services. In particular, our fellow subsidiary Chinney Construction Company, Limited. designed and built this highly technical structure. Designed to be an innovative data centre, this project goes beyond conventional investment, construction, design and facility management. It merges carrier-neutral networks, communication and information security and unified management solutions.”

Chinney Construction Group, a subsidiary of Chinney Alliance specialising in superstructure works in Hong Kong and Macau, provided the overall design and build services including data centre design, project management, construction and MEP infrastructure installation services to this building.

Generating stable and recurring income stream

The successful leasing of this data centre could ensure a stable and recurring income stream to Hon Kwok Land, thus strengthening its financial capability for future development and to meet challenges from the ever-changing business environment.

“The completion and the successful leasing of this data centre represent a new chapter in Hon Kwok Land’s project development. In addition to a long history of developing residential and commercial buildings, the Group is now poised to also diversify our project portfolio and tap the potential for alternative property investments. We are confident that the partnership with Chinney Alliance will give the Group an edge in capturing opportunities in data processing and storage space”, Mr. Wong noted.

About Hon Kwok Land Investment Company, Limited
Hon Kwok Land Investment Company, Limited was founded in 1965 and listed on the Main Board of the Stock Exchange of Hong Kong in 1972. Its primary business is property development and investment. It has completed over 40 projects throughout Hong Kong and overseas. It is a subsidiary of Chinney Investments, Limited. (Stock Code: 0216). In 1997, the Group set up a wholly-owned subsidiary Hon Kwok Land Investment (China) Limited to focus on developing the Mainland China market. At present, Hon Kwok Land Investment (China) Limited has investment projects mainly in Shenzhen, Guangzhou, Foshan and Chongqing.



Chinney Investments and Hon Kwok Land Join Hands to Unveil "Hon Kwok City Commercial Centre"; Strive to Create a New Landmark in Futian Commercial District, Shenzhen

28 June 2017

Chinney Investments and Hon Kwok Land Join Hands to Unveil "Hon Kwok City Commercial Centre"; Strive to Create a New Landmark in Futian Commercial District, Shenzhen

Hon Kwok Land management and CBRE representatives preside over the "Launching and Signing Ceremonies for Hon Kwok Centre Global Leasing"

The facade of Hon Kwok Centre

An illustration of the clubhouse on the top floor of Hon Kwok Centre

Leasing Opens for Potential Tenants Worldwide; Perfectizes the Property Development Layout in Shenzhen

HONG KONG, June 28, 2017 – Chinney Investments, Limited (stock code:216) and Hon Kwok Land Investment Company, Limited (stock code:160) (“Hon Kwok Land” or the “Group”) jointly unveiled the Hon Kwok City Commercial Centre (“Hon Kwok Centre”), solely developed by Hon Kwok Land and located in the heart of the Futian commercial district, Shenzhen. “Launching and Signing Ceremonies for Hon Kwok Centre Global Leasing” was held today at The St. Regis Shenzhen for the signing of a strategic leasing agency and cooperation agreement between the Group and famous property consultancy, CBRE, inviting the rally of companies in China as well as from around the world to set up offices there.

The ceremony themed “The World from the Top” was graced by elites and heavyweights from the property industry. Present at the event were the management of the Hon Kwok Land and the leasing and property teams.

Hon Kwok Centre is at a prime location in the Futian commercial district, Shenzhen. It is on Shennan Road, neighbouring the central Luohu district, in the heart of a financial service centre with the richest resources pool in the Guangdong-Hong Kong-Macao Greater Bay Area. The area is the base of more than 80% of the venture capitalists and financial centres and 300-plus private equity funds in Shenzhen, which together manage more than 30% of the fund capital in the country. Furthermore, more than 40% and 60% respectively of the banks and securities firms and close to 95% of the fund corporations in Shenzhen have been attracted to the area. The Centre, a new commercial landmark in the district, occupies an area of approximately 7,900 sq. m. and has a GFA of more than 163,000 sq. m. It is about 330 m. tall, the fifth highest among completed projects in Shenzhen and the only super high-rise commercial/office complex on Shennan Road. The project commands a total investment of HK$2 billion. It is expected to commence operation in the first half of 2018, while the rental rate will be approximately at between RMB200 and RMB430 per sq. m.

As visualised by the renowned U.S. architecture firm Skidmore, Owings & Merrill LLP (SOM), the avant-garde and innovative design of the project conveys a sense of style that is modern, high-tech and trendy. Hon Kwok Centre is not only a traditional office building, but an upgrade of the conventional to a well-equipped green commercial complex, complemented with an ancillary leisure zone, marrying urban commercial functions with the art of living. It is set to be the home of up-and-coming international consumer brands in banking, dining, high-end grocery shopping, and fitness and beauty as it becomes the top commercial/office landmark within the central Futian business district in Shenzhen.

Mr. Zuric Chan, Executive Director of Hon Kwok Land, said, “Hon Kwok Centre is a Shenzhen landmark project created through the concerted efforts of the Group. Its architectural concept and ancillary facilities are all customer-oriented and our vision is for it to become a first class integrated commercial and office project that converges international and local business elites. Hon Kwok Land started to venture into the Mainland China market in 1997 and has since set up companies which focus on property development in Shenzhen, Guangzhou, Chongqing and Nanhai. The development of Hon Kwok Centre is an integral part in the Group’s business layout in China. We firmly believe that, with the Group boasting world-class resources advantages, plus CBRE’s real estate service capabilities and Hon Kwok Centre’s diverse integrated services, leading companies in China and from around the world will be attracted to leasing space in the Centre. Our international perspective and clear vision enables us to bring new thinking and insights to Shenzhen and the country, as well as turn Hon Kwok Centre into the vibrant ‘heart’ of the city, setting it apart from all commercial centres in the Futian central business district.”

Enquiry hotline: (86) 8378 8888

About Chinney Investments, Limited
Chinney Investments, Limited (“Chinney Investments”) (stock code: 216) was founded in 1959 and listed on the Main Board of the Stock Exchange of Hong Kong in 1973. Its primary businesses are property development, property investment for leasing purposes, hotels, garment manufacturing and trading. It is the parent company of Hon Kwok Land.

About Hon Kwok Land Investment Company, Limited
Hon Kwok Land Investment Company, Limited (“Hon Kwok Land”) (stock code: 160) was founded in 1965 and listed on the Main Board of the Stock Exchange of Hong Kong in 1972. Its primary business is property development and investment. It has under its belt property projects all over Hong Kong, where it has operated and accumulated more than 40 years of experience and many successes in property development. It is today a respected property developer in Hong Kong. In 1997, the Company set up a wholly-owned subsidiary Hon Kwok Land Investment (China) Limited to focus on developing the Mainland China market. At present, Hon Kwok Land Investment (China) Limited has investment projects mainly in Shenzhen, Guangzhou, Foshan and Chongqing.