Hopewell Holdings
Encyclopedia
Chinese language
The Chinese language is a language or language family consisting of varieties which are mutually intelligible to varying degrees. Originally the indigenous languages spoken by the Han Chinese in China, it forms one of the branches of Sino-Tibetan family of languages...
合和實業有限公司) ,, established on 17 October, 1972], is a Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
-listed infrastructure and property firm headed by Sir Gordon Wu
Gordon Wu
Sir Gordon Ying Sheung Wu, GBS, KCMG, FICE is the chairman of the board of Hong Kong-listed Asian infrastructure firm Hopewell Holdings Ltd.Born in Hong Kong in 1935, Wu has been an advocate for more than two decades for the construction of Asia's largest bridge project linking Hong Kong, Macau...
.
History
It was listed on the Stock Exchange of Hong Kong in 1972.Hopewell Holding is a holding company for investments in infrastructure projects, property letting, property agency and management, hotel operations and management, restaurant operation and food catering, construction and project management.
Its primary businesses are in Guangdong
Guangdong
Guangdong is a province on the South China Sea coast of the People's Republic of China. The province was previously often written with the alternative English name Kwangtung Province...
province of People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
and Hong Kong. It is one of the first foreign companies to invest in infrastructure projects in the China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
and a pioneer of infrastructure developments across Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...
, including the failed Bangkok Elevated Road and Train System
Bangkok Elevated Road and Train System
The Bangkok Elevated Road and Train System , commonly known as the Hopewell Project after main contractor Hopewell Holdings, was a failed project to build an elevated highway and rail line from central Bangkok to Don Muang Airport...
(BERTS) project in Bangkok
Bangkok
Bangkok is the capital and largest urban area city in Thailand. It is known in Thai as Krung Thep Maha Nakhon or simply Krung Thep , meaning "city of angels." The full name of Bangkok is Krung Thep Mahanakhon Amon Rattanakosin Mahintharayutthaya Mahadilok Phop Noppharat Ratchathani Burirom...
.
It holds 75 percent of Hopewell Highway Infrastructure Ltd, which is spun off by Hopewell Holdings and listed on the Hong Kong stock exchange in early August, 2003.
As one of the founders of Hopewell Holdings, Wu has been the managing director since 1972. He retired as the managing director of Hopewell Holdings but remains as the chairman of the board in January 2002.
Infrastructure
Hopewell is participating in the investment of five toll road projects with a total length of 360 kilometres (223.7 mi), all of which are located in the Pearl River DeltaPearl River Delta
The Pearl River Delta , Zhujiang Delta or Zhusanjiao in Guangdong province, People's Republic of China is the low-lying area surrounding the Pearl River estuary where the Pearl River flows into the South China Sea...
region of Guangdong Province in mainland China. Four toll road projects are in operation while construction of the 15 km (9.3 mi) Phase I of the Guangzhou
Guangzhou
Guangzhou , known historically as Canton or Kwangchow, is the capital and largest city of the Guangdong province in the People's Republic of China. Located in southern China on the Pearl River, about north-northwest of Hong Kong, Guangzhou is a key national transportation hub and trading port...
-Zhuhai
Zhuhai
Zhuhai is a prefecture-level city on the southern coast of Guangdong province in the People's Republic of China. Located in the Pearl River Delta, Zhuhai borders Jiangmen to the northwest, Zhongshan to the north, and Macau to the south. Zhuhai was one of the original Special Economic Zones...
West Superhighway (Guangzhou to Shunde
Shunde
Shunde District is a district of Foshan prefecture-level city in the Pearl River Delta, Guangdong Province, southeast China.-Administration:Shunde was a county-level city until December 8, 2002, when it became a district of Foshan prefecture-level city...
section) commenced in December 2001. All of the projects are in the form of co-operative joint venture
Joint venture
A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...
s between Hopewell and China partners.
- Guangzhou-Shenzhen Superhighway
- Guangzhou East-South-West Ring Road
- Shunde Roads
- Shunde 105 Roads
- Guangzhou-Zhuhai West Superhighway
Also well-known is the never finished BERTS elevated metro project of the 1990s.
Property
Hopewell's property portfolio is mainly composed of commercial and residential premises in Hong Kong. These consist of more than 290000 sqm of gross area.- Hopewell CenterHopewell Centre, Hong KongHopewell Centre is a skyscraper in Hong Kong. It is located at 183 Queen's Road East, in Wan Chai on Hong Kong Island. It is the first circular skyscraper in Hong Kong. It is named after Hong Kong-listed property firm Hopewell Holdings Limited, which constructed the building...
- Hong Kong International Trade and Exhibition CentreHong Kong International Trade and Exhibition CentreThe Kowloonbay International Trade & Exhibition Centre or KITEC, formerly known as the Hong Kong International Trade and Exhibition Centre or HITEC, is an exhibition centre, shopping mall and performance venue situated at 1 Trademart Drive, Kowloon Bay, Kowloon, Hong Kong...
- Nova Taipa GardensNova Taipa GardensNova Taipa Gardens is a properly development project in Taipa, Macau.The landford is Hopewell Holdings Ltd and Shun Tak Holdings Ltd. Nova Taipa Gardens includes Nova City....
- Huanggang Service Area
- Allway Gardens Shopping Arcade
Principal subsidiaries
- Goldhill Investments Limited
- property investment
- Hopewell China Development (Superhighway) Limited
- investment in superhighway project
- Hopewell Construction Company, Limited
- construction, project management and investment holding
- HH Finance Limited
- loan financing
- Hopewell Food
- restaurant operation
- Hopewell Guangzhou-Zhuhai Superhighway Development Limited
- investment in superhighway project
- Hopewell Housing Limited
- property agents and investment holding
- Hopewell Huang Gang Development Limited
- property investment