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Hysan Development information


Hysan Development
FormerlyHennessy Development[1]
Company typelisted
Traded as
SEHK: 14
ISINHK0014000126
Industryreal estate development
PredecessorLee Hysan Estate
Founded20 October 1970; 53 years ago (1970-10-20) in British Hong Kong[1]
Founder
  • Lee Hysan family [zh]
  • (via Lee Hysan Estate)
Headquarters49/F, Lee Garden One, Hong Kong Island,
Hong Kong
,
China
Key people
Irene Lee (executive chairman)
RevenueSteady HK$03.548 billion (2017)
Net income
Increase HK$03.616 billion (2017)
Total assetsIncrease HK$82.120 billion (2017)
Total equityIncrease HK$69.953 billion (2017)
Owner
  • Lee Hysan Co. Ltd. (41.42%)
  • (via Lee Hysan Estate)
Chinese name
Traditional Chinese希慎興業有限公司
Simplified Chinese希慎兴业有限公司
short name
Traditional Chinese希慎興業
Simplified Chinese希慎兴业
second short name
Traditional Chinese希慎
Simplified Chinese希慎
Literal meaningHysan
RatingBBB+ (Fitch, August 2017)[2]
Footnotes / references
in consolidated financial statement (net income and equity figures excluding minority interests); source of data:[3]: 106, 119, 121, 189 

Hysan Development Company Limited is a Hong Kong property investment, management and development company that is listed on the Stock Exchange of Hong Kong. The company was formed in Hong Kong in 1923, when businessman Lee Hysan acquired plots of land in East Point, now known as Causeway Bay, Hong Kong Island. On 30 April 1928, Hysan, who was aged 48–49, was killed.[4] His descendant expanded the plots of land into a business empire. According to the South China Morning Post, Hysan was the largest commercial landlord in the Causeway Bay area in 2018.[5]

  1. ^ a b Cite error: The named reference mou1970 was invoked but never defined (see the help page).
  2. ^ "Fitch Affirms Hysan Development Company at 'BBB+'; Outlook Stable". Reuters (Press release). Hong Kong, Shanghai: Fitch Ratings. 30 August 2017. Retrieved 22 October 2018.
  3. ^ 2017 Annual Report (PDF). Hong Kong: Hysan Development. 28 March 2018. Retrieved 20 October 2018 – via Hong Kong Exchanges and Clearing website.
  4. ^ Jonathan., Chamberlain (2007). King Hui : the man who owned all the opium in Hong Kong. Hong Kong: Blacksmith Books. ISBN 9789889979980. OCLC 217116930.
  5. ^ "Hysan Development". South China Morning Post (topic index). Hong Kong: Alibaba Group. 18 October 2018. Retrieved 20 October 2018.

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