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SHKP Reading Club ‘returns to school’ delivering a seamless online-to-offline happy reading experience

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The SHKP Reading Club, under Sun Hung Kai Properties (SHKP), has provided continuous reading and sharing opportunities amid the pandemic while keeping up its efforts to promote reading on campus. In addition to flexibly arranging live webcasts, the SHKP Reading Club is once again organizing outreach activities, as schools in Hong Kong gradually resume face-to-face classes in phases. Many teachers expressed their delight at finally being able to hold reading activities during the pandemic.

For seven consecutive years, the SHKP Reading Club’s Read & Share programme has provided annual school-based support for teachers to promote reading through a diverse range of formats and activities. During this academic year, the programme has focused on offering reading promotion sponsorships and organizing school outreach activities. The former has enabled 31 primary and secondary schools, which proposed the best reading promotion ideas, to put their plans into practice with a maximum sponsorship of HK$30,000. 

This academic year, the school outreach activities of the SHKP Reading Club have been held in the form of dramas and board games, spreading the fun of reading in 25 secondary schools. For example, the LIVE THEATRE troupe was invited to put the sci-fi love story Welcome to Your Next Life, written by famous author Zita Law, on the school stage. The actors included TV artist Kelvin Yuen, online celebrity Melody Ma, and ‘Good Night Show – King Maker’ contestant Kento To, and the show was hosted by artist Gracey Fok. They put on a great performance, which helped the students become quickly immersed in the story. After each segment of the performance, the actors and author participated in discussions and guided the students to reflect on the messages of the story from the characters’ perspectives, including how to build self-confidence and cultivate inner beauty. They also shared how reading sparked their creativity and inspired them. Students who stayed home amid the pandemic were able to enjoy the drama remotely via Zoom, with as many as 500 students watching the live webcast at the same time. The teachers even played a part as DJs to stir up the atmosphere, enjoying a pleasant, one-hour reading experience with the students.

The SHKP Reading Club’s Read & Share programme recently staged Welcome to Your Next Life at Chan Shu Kui Memorial School. School Librarian Ms Miranda Wong was pleased that the activity offered her students a chance to watch a drama on campus, learn how to appreciate different works, and physically participate in discussions in an interactive session which is rare during the pandemic.

In addition to offline activities, the SHKP Reading Club’s online reading platform, ‘Read For More’, produces inspiring, down-to-earth multimedia content to introduce a wide range of books and interview various celebrities, such as singer-songwriter Panther Chan and television Best Actress Natalie Tong, to show their literary affinity. This helps extend the students’ reading experience from offline activities to the online platform, unaffected by the pandemic and class suspension. Students can also become ‘Read For More’ contributors by sharing their reading experiences in the form of articles or audio clips of book excerpts, inspiring more people to develop a passion for reading.

The SHKP Reading Club has collaborated with the Hong Kong Aided Primary School Heads Association (HKAPSHA) to organize the Read & Share programme since 2014, with over 250 primary and secondary schools taking part in it so far. All schools in Hong Kong are welcome to join the Read & Share programme and enjoy the activities free of charge.

About the SHKP Reading Club

SHKP believes in Building Homes with Heart while promoting reading and holistic development. The Group established the SHKP Reading Club in 2013 to consolidate its reading-related initiatives, such as seminars by renowned speakers and guided cultural tours, to inspire more people to enjoy reading and make it a habit. Those interested in becoming members are welcome to register for free at: www.shkpreadingclub.com.

SHKP supports Earth Hour for the 13th consecutive year with over 310 properties taking part to conserve energy and protect the environment

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Sun Hung Kai Properties Limited (SHKP) promotes healthy and sustainable living. This year, SHKP participated in Earth Hour, a worldwide lights-off campaign organized by the World Wide Fund for Nature (WWF), for the 13th consecutive year and is one of the corporations with the largest number of buildings participating in the campaign in Hong Kong. SHKP mobilized over 310 commercial and industrial buildings, shopping malls and residential estates it owns or manages to switch off non-essential lights for an hour on the evening of 27 March, putting energy conservation and environmental protection into practice.

The participating buildings spanned various districts and included the following:

  • Sun Hung Kai Centre, SHKP headquarters: Since 2005, Sun Hung Kai Centre has achieved an aggregate energy consumption reduction of over 46 million kWh, equivalent to about 37,000 tonnes of carbon emissions, by adopting a variety of energy-conservation measures. In 2019 and 2020, the building achieved the ‘Excellent’ rating in the Selective Scheme of BEAM Plus Existing Buildings V2.0, organized by the Hong Kong Green Building Council.
  • The International Commerce Centre (ICC), Hong Kong’s tallest skyscraper: ICC was the first building in the city to obtain the BEAM Plus Existing Buildings V2.0 Platinum Certificate. Last year, it obtained the highest honour under BREEAM In-Use, a green building assessment method by the British Research Establishment (BRE), and became the first building in Hong Kong certified by BREEAM. ICC is thus among the top 3% of green buildings in the world.
  • Uptown Plaza, winner of the Gold Award, Property Management (Commercial & Industrial), 2019 Hong Kong Awards for Environmental Excellence; and YOHO Midtown, winner of the Silver Award, Property Management (Residential), 2019 Hong Kong Awards for Environmental Excellence

On the mainland, the Group’s large-scale integrated landmarks, such as Shanghai IFC, Shanghai ICC, ITC and Nanjing IFC, as well as flagship malls and residential projects in Beijing and Guangzhou took part in the event.

In addition to developing premium properties and providing excellent services, SHKP puts into practice its belief in Building Homes with Heart by actively fulfilling its social responsibilities while giving back to the community.

To encourage the general public to participate in nature protection, the Group has worked together with Green Power for 10 straight years to implement the SHKP Love Nature Campaign. The campaign combines elements such as education, nature appreciation and outdoor exploration to help kindergarten and primary school students develop environmental awareness. To date, over 56,000 kg of waste and recyclables have been collected, and more than 60 school visits for kindergarten and primary school students have been conducted. During class suspension because of the pandemic, the SHKP Love Nature Campaign produced online interactive educational videos and materials on nature ecology for students to continue to learn at home.

For details about SHKP’s initiatives and events to promote sustainable development, please view its latest Sustainability Report by visiting the Group’s website (www.shkp.com).

SHKP signs five-year HK$16.8 billion syndicated credit facility

Sun Hung Kai Properties Limited (SHKP) today signed a five-year HK$16.8 billion syndicated credit facility with a consortium of 17 leading international and local financial institutions. The facility received an overwhelming response from banks, with the loan size increased significantly from the initial amount of HK$5 billion to HK$16.8 billion. This is another clear demonstration of the banking community’s strong faith in SHKP.

The facility was signed by Sun Hung Kai Properties (Financial Services) Limited, with its parent, SHKP, providing a guarantee. It has a 30:70 split between a term loan and revolving credit tranches and a maturity of five years. The proceeds will be used to refinance a HK$15 billion syndicated credit facility due in May this year and as general working capital for the Group’s business development. SHKP has the highest credit ratings among property companies in Hong Kong, with an A1 and A+ rating with stable outlook from Moody’s and Standard & Poor’s, respectively.

SHKP Chairman and Managing Director Raymond Kwok said: “I would like to thank the participating banks for their strong support despite the various challenges facing Hong Kong, including COVID-19, which testifies to their confidence in SHKP and its growth prospects. The Group remains committed to prudent financial management and has maintained a strong financial position by strengthening its cash flow and liquidity. The Group has sufficient upcoming new projects for sale, including the first phase of St Michel in Sha Tin Mid-levels, which will be launched soon. Its property investment portfolio also generates sizeable recurrent income, with its base significantly expanding over the medium to long term upon the gradual completion of large-scale integrated landmarks, including the mega project atop the High Speed Rail West Kowloon Terminus in Hong Kong, ITC in Shanghai, and the Jianghehui joint-venture project in Hangzhou.” 

Mr Kwok added: “We have strong faith in Hong Kong’s future under ‘One Country, Two Systems’ and the prospects of the mainland. The Group will continue to selectively acquire land for development when good opportunities arise. With its extensive experience in weathering various crises during the past 50 years, the Group is confident in once again turning adversity from the pandemic into opportunity and continuing to grow its business over time.”

The facility is backed by Bank of China (Hong Kong) Limited, Agricultural Bank of China Limited, DBS Bank Ltd., Industrial & Commercial Bank of China (Asia) Limited, Oversea-Chinese Banking Corporation Limited, The Hongkong & Shanghai Banking Corporation Limited, Mizuho Bank, Ltd., MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation, Cathay United Bank Co., Ltd., BNP Paribas, Hang Seng Bank Limited, Standard Chartered Bank (Hong Kong) Limited, United Overseas Bank Limited, Citibank, N.A, Chong Hing Bank Limited, and Industrial Bank Co., Ltd.

Key Facts and Figures
Underlying Profit
HK$ 17,482 million
(2020/21 Interim Results)
Hong Kong Land Bank
56.0 million square feet
Mainland Land Bank
66.9 million square feet
Hong Kong Retail Space
12 million square feet
Hong Kong Office Space
10 million square feet
Sustainable Development
Community Investment and Charity
Our Environmental Commitment
Employee Care
Loving Home and Domestic Harmony
Community Investment and Charity
Community Investment and Charity
Our Environmental Commitment
Employee Care
Loving Home and Domestic Harmony
Community Investment and Charity
Community Investment and Charity
Our Environmental Commitment
Our Environmental Commitment
Employee Care
Employee Care
Loving Home and Domestic Harmony
Loving Home and Domestic Harmony