New World Development Company Limited (“the Group”, 00017.hk), a premium brand infused with a unique personality defined by The Artisanal Movement, was founded in 1970 and was publicly listed in Hong Kong in 1972. It is a constituent stock of the Hong Kong Hang Seng Index, with a total asset value of US$53.9 billion as at 31 December 2016. Core business areas include property development, infrastructure and services, retail, and hotels and serviced apartments, boasting operations in Hong Kong, Mainland China, Macau and numerous major cities. As one of the largest foreign direct investors in the country, the Group’s existing investments in Mainland China has exceeded US$16.5 billion as at 30 June 2016.
Chow Tai Fook Jewellery Group Limited (“Chow Tai Fook”, 01929.hk) was listed on the Main Board of The Stock Exchange of Hong Kong in December 2011. The iconic brand “Chow Tai Fook” has been widely recognised for its trustworthiness and authenticity, and renowned for product design, quality and value. The Group boasts an extensive retail network comprising over 2,300 POS of Chow Tai Fook and Hearts On Fire (a U.S. premium diamond brand acquired in 2014) spanning more than 500 cities in Greater China, Singapore, Malaysia, Korea, Japan and the United States, as well as a fast growing e-tail network through operating its Chow Tai Fook e-shop and other e-tail accounts on major online shopping platforms.
K11 is a high-end lifestyle brand created by Adrian Cheng in 2008. Introducing the innovative ‘museum retail’ concept, K11 is building high-end lifestyle art malls, offices and residences in Greater China. The flagship K11 Art Malls were launched in Hong Kong and Shanghai in December 2009 and June 2013 respectively, and by 2021, a total of 24 K11 projects will be created in 9 cities in China, providing a total gross floor area of over 2 million sq. m.