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Sun Hung Kai Properties Limited (SHKP) today announced its 2020/21 annual results.

During the year under review, some of the Group’s businesses continued to be affected by the COVID-19 pandemic and cross-border travel restrictions, but the overall results remained stable.  With the strong support of the country, Hong Kong now has a stable social and business environment. Together with the easing of the pandemic, a robust mainland economy and sustained recovery of Hong Kong’s economy, the Group will have a promising future.

SHKP is confident about the future of Hong Kong. The National 14th Five-Year Plan clearly supports Hong Kong in enhancing its status as an international financial, transportation and trade centre, and developing into an international innovation and technology hub. Under ‘One Country, Two Systems’, Hong Kong is well positioned to seize the opportunities in the Greater Bay Area and integrate into the ‘dual-circulation’ development paradigm of the country. 

The Group continues to invest in Hong Kong and major mainland cities.  During the year, SHKP increased its land bank in Hong Kong through different channels, including proactively converting agricultural land into buildable sites.  The Group also worked to expedite the construction of various quality residential projects to help alleviate the housing shortage in Hong Kong.  Earlier this year, SHKP acquired sites adjacent to the Guangzhou South Railway Station, which is the busiest high-speed railway station in the country. The project will be developed into another landmark transit-oriented development, creating synergy with the Group’s other projects along the high speed rail, including the one atop the West Kowloon Terminus in Hong Kong. 

The Group promotes and adopts the latest technologies in different businesses to enhance the quality of its products, boost operating efficiency and provide a better experience to customers, tenants and residents.  In addition to building its 5G digital infrastructure, the Group has launched the city’s first 5G Lab at the Sky100 Hong Kong Observation Deck at ICC. The 5G Lab will raise public understanding of the 5G technology and its applications in enhancing business operation and quality of life.

The Group also works hard to fulfil its Environmental, Social and Governance commitments. Its residential projects will be developed into cross-generational communities with a wide range of facilities to meet different age groups’ needs for living, work, shopping and recreation. Wetland Seasons Park, which is adjacent to the Hong Kong Wetland Park, for example, has fully demonstrated the Group’s success in striking a balance between development and environmental conservation.  The Group also makes every effort to integrate the concepts of green building and wellness into its office buildings and retail premises, offering unique work and shopping experience in tune with the new era.  Moreover, the Group has leased out a parcel of land at a nominal rent for building United Court, a major transitional housing project in Yuen Long.  This project supports the Government’s effort to provide suitable temporary housing for underprivileged families long awaiting public housing.  Construction work for United Court has started. Upon its scheduled completion in 2022, it will house 1,800 grassroots families.

The Group is confident that, with different sectors joining forces to fight the pandemic, Hong Kong will eventually fully recover from the coronavirus crisis.  With a wealth of knowledge and experience, strong financial position as well as a well-recognized premium brand, SHKP will capitalize on present and future opportunities, and help Hong Kong integrate into the development of the country, enhancing the value for shareholders and other stakeholders alike.

Please click here for details of the SHKP’s 2020/21 annual results.

SHKP-Kwoks' Foundation (the Foundation) recently signed a donation agreement for the fourth phase of its scholarship programme with Hunan University (HNU), bringing its total donations to more than RMB16 million, and benefitting nearly 3,000 students.

The Foundation has actively supported charitable projects since its establishment in 2002, focusing on education and training projects. It has established scholarship and bursary programmes in a number of higher education institutions on the mainland and abroad to help outstanding students from poverty-stricken families complete their studies.

The Foundation has cooperated with HNU for nearly 20 years. To show recognition of the importance of the long-term cooperative relationship, HNU will specially set up a "Hunan University-SHKP-Kwoks' Foundation Scholarship Programme" student team to develop the students' knowledge, talent and social practices, and provide exchange opportunities.

In his speech, Xu Guozheng, Vice President of HNU, said, "We are sincerely thankful for the SHKP-Kwoks' Foundation's generous donations and strong support to Hunan University over the years. The donations bring not only material benefits to the aided students, but also spiritual motivation. The "New Wing Fund", initiated by donations from alumni in 2018, reflects their gratitude and demonstrates that the project has achieved remarkable results in education."

A representative of the recipients gave a thank-you speech at the ceremony. He said that looking back over the period he received assistance, the scholarships provided encouragement for him. One of his most profound memories was that when his family had a sudden change at the beginning of the year, the SHKP-Kwoks' Foundation provided him with timely support which helped him regain his strength and focus on the upcoming graduation year.

Amy Kwok, Executive Director of SHKP-Kwoks' Foundation, expressed her appreciation for HNU’s management of the scholarship and bursary programmes. She was particularly concerned about the proportion of poverty-stricken students in the school and the support they had. She was also pleased to see that 70% of the scholarship recipients continued their studies in various well-known local universities after graduating from HNU. 

"There is still a long way to go to help underprivileged students,” she said. “The Foundation has provided scholarship programmes to more and more universities on the mainland, and has witnessed a good development of the country's central region. We hope that the new phase of the funding project for HNU will continue these fine traditions, and nurture more outstanding students."

The SHKP-Kwoks' Foundation has funded more than 75 charitable projects in the areas of education and training, poverty alleviation, medical care and social services, benefiting more than 65,000 people.

To continue Sun Hung Kai Properties Limited’s (SHKP’s) Day Day Lucky Draw initiative, and to support the government’s “Early Vaccination for All” campaign, SHKP is now launching the SHKP Club Day Day Lucky Draw and Loving Home Grand Prize (the “SHKP Club Lucky Draw”), which consists of two parts — the Day Day Prize and the Loving Home Grand Prize. This lucky draw is presented as the Group’s second wave of early vaccination promotion, encouraging SHKP Club members and their families to receive COVID-19 vaccines as early as possible. 

Registration for the lucky draw will begin on 9 August 2021, and the draw will commence on 16 August, 2021. The Day Day Prize will run for 31 days consecutively, giving away fabulous prizes to the participating SHKP Club members of the two draw categories: Ordinary Members and Star Members. Members enrolling in the Day Day Prize can also register to participate in the final draw for the Loving Home Grand Prize. The total value of all prizes for the SHKP Club Lucky Draw worth over HK$750,000, which include the Samsung Galaxy S21 Ultra 5G and SmarTone 5G SIM only mobile plan (12 months), SHKP hotels’ staycation packages and dining vouchers and 2,500,000 points of “The Point by SHKP” integrated loyalty programme. SHKP Club members who have received two doses of the COVID-19 vaccines^ on or before the day of registration are eligible for the lucky draw. For further details, terms and conditions of the lucky draw, please refer to the SHKP Club Lucky Draw’s website https://shkpclubdaydaydraw.shkp.com.

SHKP Club Managing Director Winnie Tse said, “SHKP Club is the first property club in Hong Kong to organise a COVID-19 vaccinations-related lucky draw for its members, fully supporting the government’s “Early Vaccination for All” campaign. We hope that everyone can receive vaccines early, accelerating the establishment of an immunity barrier in the community. We have also added the final draw of the Loving Home Grand Prize to encourage members and their families to get vaccinated early together, and to express love and care to beloved family members by ensuring health and well-being. This helps build a community protective barrier together.”

Participants for the SHKP Club Lucky Draw must be SHKP Club members and Hong Kong permanent residents, and must have received two doses of the COVID-19 vaccines^ on or before  the day of registration. During the registration period (from 9 am on 9 August 2021 to 12 noon on 15 September 2021), members can register through the lucky draw website https://shkpclubdaydaydraw.shkp.com. Those who have registered for SHKP’s Day Day Lucky Draw can also participate in this SHKP Club Lucky Draw. Those who have not joined SHKP Club can apply the membership for free on the SHKP Club website http://www.shkpclub.com, and register for the SHKP Club Lucky Draw on the lucky draw website on or after the day following the receipts of their SHKP Club membership number via email sent by SHKP Club until 12 noon on 15 September 2021.

Note:
^ or one dose of COVID-19 vaccines (only applicable for persons previously infected with COVID-19) in Hong Kong under the COVID-19 Vaccination Programme implemented by the Hong Kong SAR Government