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Hong Kong–based privately owned conglomerate
Chow Tai Fook
Shop of Chow Tai Fook Jewellery in Queen's Road Central, Hong Kong
Company type
Private
Industry
Conglomerate
Founded
1929; 95 years ago (1929) in Guangzhou
1961 in Hong Kong (as Chow Tai Fook Jewellery Co., Ltd.)
10 August 1966 (1966-08-10) in Hong Kong (as Chow Tai Fook Enterprises)[1]
Founder
Chow Chi-yuen
Headquarters
38/F, New World Tower,
Hong Kong
Area served
mainland China, Hong Kong, Japan, Macau, Malaysia, Singapore, South Korea, Taiwan, United States, Canada[2]
Key people
Henry Cheng
Products
jewellery
real estate
Brands
CTF
Services
transportation
telecommunications
Owner
Cheng Yu-tung family
Subsidiaries
Chow Tai Fook (Holding)
Chow Tai Fook Enterprises
CTF Holdings
Chow Tai Fook Nominee
Chow Tai Fook Jewellery
New World Development
Chinese name
Traditional Chinese
周大福
Simplified Chinese
周大福
Jyutping
zau1 daai6 fuk1
Cantonese Yale
jāu daaih fūk
Hanyu Pinyin
Zhōu Dà Fú
Literal meaning
Zhou – good luck / good fortune[3]
Transcriptions
Standard Mandarin
Hanyu Pinyin
Zhōu Dà Fú
Yue: Cantonese
Yale Romanization
jāu daaih fūk
Jyutping
zau1 daai6 fuk1
Chow Tai Fook Enterprises Limited
Traditional Chinese
周大福企業有限公司
Simplified Chinese
周大福企业有限公司
Jyutping
zau1 daai6 fuk1 kei5 jip6 jau5 haan6 gung1 si1
Hanyu Pinyin
Zhōu Dà Fú Qǐyè Yǒuxiàngōngsī
Transcriptions
Standard Mandarin
Hanyu Pinyin
Zhōu Dà Fú Qǐyè Yǒuxiàngōngsī
Yue: Cantonese
Jyutping
zau1 daai6 fuk1 kei5 jip6 jau5 haan6 gung1 si1
Chow Tai Fook group
Traditional Chinese
周大福集團
Transcriptions
Website
www.chowtaifook.com
Chow Tai Fook group is a Hong Kong–based, privately-owned conglomerate with holdings in the jewellery, property development, hotel, department store, transportation, energy, telecommunications, port,[citation needed] casino, and other businesses. Despite the holding companies of the group, namely Chow Tai Fook Capital Limited, Chow Tai Fook (Holding) Limited, Chow Tai Fook Enterprises Limited, etc. being privately owned, the group has been partially listed on the stock market via associate company New World Development (SEHK: 17, listed since 1972) and subsidiary Chow Tai Fook Jewellery Group Limited (SEHK: 1929, listed since 2011). As of 31 December 2018, New World Development was ranked as the 47th-largest company by market capitalization on the Stock Exchange of Hong Kong, which was HK$105.68061 billion.[4]
However, the size of the unlisted portion of the Chow Tai Fook business empire is unclear. The Financial Times quoted one banker of the Cheng Yu-tung family, who said, "You can't look at [Cheng] YT without looking at the private side of the business and his ability to spot early investment opportunities".[5] Notable unlisted businesses of the group include Rosewood Hotel Group, as well as Australia-based Alinta Energy and the Loy Yang B power station, which were acquired in 2017.
Chow Tai Fook Capital is owned by the descendants of the late Chow Tai Fook Jewellery founder Chow Chi-yuen (Chinese: 周至元) and his son-in-law, the late Cheng Yu-tung, which includes the current Chow Tai Fook Jewellery Group chairman, Chow Tai Fook (Holding) director Henry Cheng.[6]
^Data in Hong Kong Companies Registry
^"Retail Network". Chow Tai Fook Jewellery. Retrieved 4 July 2018.
^"Luxury jeweller Chow Tai Fook in mega Hong Kong listing". BBC News. 23 November 2011. Retrieved 9 November 2018.
^"50 leading companies in market capitalisation". 2018 HKEX Factbook(PDF). Hong Kong Exchanges and Clearing. 2019. p. 23. Retrieved 21 March 2019.
^Hughes, Jennifer (1 October 2016). "Cheng Yu-tung, Hong Kong tycoon, 1925-2016". Financial Times (obituary). Additional reporting by Ma Nan in Shanghai and Gloria Cheung in Hong Kong. London. Archived from the original on 12 December 2022. Retrieved 9 November 2018.
^Cite error: The named reference NWSHoldings2017AR was invoked but never defined (see the help page).
holding companies of the group, namely ChowTaiFook Capital Limited, ChowTaiFook (Holding) Limited, ChowTaiFook Enterprises Limited, etc. being privately...
ChowTaiFook Centre or just CTF Centre may refer to: Guangzhou CTF Finance Centre, located in Guangzhou, China Wuhan ChowTaiFook Finance Centre, located...
wind forces and loads on the structure. On November 20, 2009, Tianjin ChowTaiFook Financial Center held a groundbreaking ceremony. The then Tianjin Mayor...
Wuhan CTF Finance Center also known as Wuhan ChowTaiFook Finance Centre (simplified Chinese: 武汉周大福金融中心; traditional Chinese: 武漢周大福金融中心) is a supertall...
generating and gas retailing private company owned by Hong Kong-based ChowTaiFook Enterprises (CTFE). The sale for $4 billion was approved by Treasurer...
was known as TaiFook Securities which was owned by ChowTaiFook–New World Development group until 2009. When the firm was known as TaiFook Securities...
Rosewood Hotel Group was owned by ChowTaiFook Enterprises, having acquired Rosewood Hotel Group in 2015 from ChowTaiFook Enterprises' listed associate...
director of the New World Development. She is also the vice-chairman of ChowTaiFook Jewellery Group. She was also appointed as an independent non-executive...
the island of New Providence in The Bahamas. Owned by Hong Kong-based ChowTaiFook Enterprises, the establishment opened in April 2017. The amenities include...
Galaxy ChowTaiFook Centre (disambiguation) ChowTaiFook Enterprises, Hong Kong-based company Lukfook, a jewellery store chain of Hong Kong Chung Fook v...
World Development, the heir and executive director of jewelry company ChowTaiFook, and the owner of Rosewood Hong Kong Hotel. He is also the founder of...
sold Loy Yang B to ChowTaiFook Enterprises for a reported AU$1.2 billion, despite some reported that it was acquired by ChowTaiFook Enterprises' subsidiary...
Development and Reform Commission began an investigation of Chow Sang Sang, ChowTaiFook, an industry association, and 11 gold retailers in China over...
with various labels and fashion houses, notably, Nike, Vogue, Colette, ChowTaiFook, Redbull, Mickey Mouse and Giuseppe Zanotti. The name and logo "Peaceminusone"...
Richemont. In 2018, ChowTaiFook announced a joint venture with Flont to open up to 500 locations in China inside ChowTaiFook retail stores. The company...
became Alinta Energy. Alinta Energy was acquired by Hong Kong-based ChowTaiFook Enterprises in 2017. The successor to the retail gas business is now...
market-leading businesses, predominantly in Hong Kong and the Mainland under ChowTaiFook Enterprise (CTFE). Operating businesses include toll roads, insurance...
Hotel Holdings Limited in the BVI for €13.5 million, from ChowTaiFook. However, ChowTaiFook privatized the whole hotel group in 2015. In 2016, Pentahotels...
Center, was designed by Wilkinson Eyre and the East Tower, Guangzhou ChowTaiFook Finance Centre, by Kohn Pedersen Fox. Both towers are located at Zhujiang...
Northern China's third-tallest building after Goldin Finance 117 and ChowTaiFook Binhai Center in Tianjin. Farrells produced the tower's land bid concept...
the company acquired the Renaissance Hotels and Ramada brands from ChowTaiFook Group and its associate company, New World Development. Marriott International...
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