Chinachem

Chinachem Group (Chinese: 華懋集團) is a corporate group established in Hong Kong by Teddy Wang's father Wang Din Sin (王廷歆).[1]

Not to be confused with ChemChina or Sinochem.
Chinachem Group
Native name
華懋集團
TypePrivate
IndustryConglomerate
FoundedBefore 1960s
Headquarters35-38/F, Nina Tower 2, No.8 Yeung Uk Road, Tsuen Wan, Hong Kong
Key people
Wang Din Sin (王廷歆), Teddy Wang, Nina Wang, Kung Yan-sum
ProductsReal estate, Entertainment, Hotel and Investment
HKD 250 million (2011)
Websitewww.chinachemgroup.hk
Chinachem
Traditional Chinese華懋集團
Simplified Chinese华懋集团

The early years of the group were dedicated to exploration of and investment in agricultural projects and chemicals. In the 1960s, the Group shifted its focus to the property development, and has been one of the largest property developers in Hong Kong since mid-1970s.[2]

After Teddy Wang's kidnapping and disappearance in 1990, his wife Nina Wang took over the company as the "Chairlady" and built it into a major property developer, making her the richest woman in Asia.[3]

After the death of Nina Wang, her brother Kung Yan-sum has been serving as the Acting Chairman of the Group.

Property and hotels

The Chinachem Group has built over 300 tower blocks in Hong Kong, the most famous of which is Nina Tower, in Tsuen Wan, where the head office is.[4]

The following are some of Chinachem Group's completed developments:

  • Residential: Villa Cove, Sol City, Serenity Point, Parc City, Parc Inverness, The Papillons, Serenity Peak, Jade Grove, Eden Gate, The Golden Gate, The Lily, Residence 228, Billionnaire Avant, Billionnaire Royale, South Crest
  • Shopping Malls: Fanling Town Centre, Hilton Plaza, Ho Shun Fook Shopping Centre
  • Office: Chinachem Tower, Chinachem Hollywood Tower
  • Hotel: L'hotel Nina, L'hotel Island South, L'hotel Causeway Bay Harbour View, L'hotel elan, Lodgewood by L'hotel, etc

Listing

The Chinachem Group is privately owned. The Group has been seeking a listing since 1988 but is currently not listed in any stock markets.專欄作家 | 每日新聞 | 頭條日報 It was also rumoured that Group might inject assets into its listed affiliates like Enm Holdings Limited and Dan Form Holdings Company Limited in recent years.Chinachem expected to inject capital on DAN FORM HOLD (00271), ENM HOLDINGS (00128) - AASTOCKS.com - News

References
  1. "王廷歆結束傳奇一生 - 東方日報".
  2. http://www.chinachemgroup.hk/en/groupprofile/action.do?method=detail&mappingName=GroupProfile
  3. "Archived copy". www1.appledaily.atnext.com. Archived from the original on 9 May 2007. Retrieved 17 January 2022.{{cite web}}: CS1 maint: archived copy as title (link)
  4. "Contact Us". Chinachem. Retrieved 2020-12-29. Head Office 35-38/F, Nina Tower, 8 Yeung Uk Road, Tsuen Wan, New Territories


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