| Chinachem Group | |
| Native Name: | 華懋集團 |
| Type: | Private |
| Foundation: | Before 1960s |
| Location: | 35-38/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 |
| Industry: | Conglomerate |
| Products: | Real estate, Entertainment, Hotel and Investment |
| Net Income: | HKD 250 million (2011) http://paper.wenweipo.com/2012/12/20/HK1212200017.htm |
Chinachem Group is a corporate group established in Hong Kong by Teddy Wang's father Wang Din Sin (王廷歆).[1]
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.
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:
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