Corporate Milestones

Hang Lung Development Company Limited (as the Hang Lung Group Limited was known at the time) was founded by Mr. Chan Tseng-hsi and incorporated in Hong Kong on September 13, 1960.

A dry cleaning and laundry joint venture, Hang Lung-Hakuyosha, was formed and the first store was opened in 1965.

Hang Lung Development Company Limited was listed on the Stock Exchange of Hong Kong on October 12, 1972.

Hong Kong Matsuzakaya Department Store, 50% owned by Hang Lung, opened at Hang Lung Centre in Causeway Bay on April 22, 1975.

The Mass Transit Railway Corporation, Hang Lung Development Company Limited and Hopewell Holdings Limited signed an agreement to develop Telford Gardens above MTR Kowloon Bay Station. The project was completed in 1982.

Source: Building Journal Hong Kong

A site in Kowloon Bay was acquired for redevelopment into a residential and commercial complex (now Amoy Gardens and Amoy Plaza). The project was completed in 1987.

Source: Building Journal Hong Kong

Hang Lung Development Company Limited, through its subsidiary Prosperland Housing Limited, acquired 63% stake in Amoy Canning Corporation (Hong Kong) Limited (now Hang Lung Properties) from the Sime Darby Group.

Headed a consortia and succeeded in acquiring the development rights over nine MTR Island Line sites (including the residential development in Kornhill).

Hang Lung Development Company Limited became a constituent stock of the Hang Seng Index on December 2, 1985.

Amoy Canning Corporation (Hong Kong) Limited was renamed Amoy Properties Limited, and became the property investment arm of Hang Lung Development Company Limited.

The Group acquired 32,000 sq.m. of commercial property in Causeway Bay through Amoy Properties Limited (properties fronting Paterson Street, Houston Street, Great George Street, Cleveland Street, Kingston Street and Gloucester Road – previously Daimaru, now Fashion Walk) for HK$1,600 million.

The Peak site (now Peak Galleria) was acquired through Amoy Properties Limited for commercial purposes.

Mr. Ronnie C. Chan became Chair of Hang Lung Development Company Limited and Amoy Properties Limited.

Amoy Properties Limited, through a consortium headed by Hang Lung Development Company Limited, took its first step into the Mainland by participating in a complex development in Shanghai, which has become Grand Gateway 66, Shanghai.

The Standard Chartered Bank Building was purchased through Amoy Properties Limited.

Peak Galleria, as a famous landmark in Hong Kong, opened on February 5, 1993.

Amoy Properties Limited was selected as a constituent stock of the Hang Seng Index.

The shopping mall of Grand Gateway 66, Shanghai commenced operations on December 28, 1999. Grand Gateway 66, Shanghai is the Group’s first large-scale complex in mainland China comprising a mall, office towers, and serviced apartments.

Plaza 66, Shanghai commenced operations on July 14, 2001. The multi-purpose project comprises a mall and two office towers. Plaza 66, Shanghai has become HOME TO LUXURY.

Hang Lung Development Company Limited was renamed Hang Lung Group Limited.

Amoy Properties Limited was renamed Hang Lung Properties Limited.

Founded in 2004, the Hang Lung Mathematics Awards blazed a trail in secondary school mathematics education in Hong Kong.

Palace 66, Shenyang opened on June 26, 2010.

Parc 66, Jinan opened on August 26, 2011.

Forum 66, Shenyang opened on September 28, 2012.

Center 66, Wuxi opened on September 16, 2013.

Riverside 66, Tianjin opened on September 26, 2014.

Olympia 66, Dalian opened on September 9, 2016.

September 7, 2018, sees the beginning of a customer relationship management program rooted in the desire to build a long-term personal connection with our closest clients.

Spring City 66, Kunming opened on August 23, 2019.

Conrad Shenyang, the first Mainland hotel project in which Hang Lung Properties has invested, opened at Forum 66 in Shenyang on September 1, 2019.

The facelifted Peak Galleria was unveiled in the second half of 2019.

Hang Lung Properties announced a donation of RMB 10 million to set up the “Hang Lung COVID-19 Relief Fund” in February 2020, to provide targeted support for urgent public pandemic countermeasures and for the most severely affected in our communities across Hong Kong and the Mainland.

Hang Lung launched its first multi-functional office and business space, named HANGOUT on September 11, 2020.

Mr. Adriel Chan was appointed as Vice Chair of Hang Lung Group and Hang Lung Properties on September 13, 2020, coinciding with the day marking Hang Lung Group’s 60th anniversary.

Hang Lung announced a set of sustainability Goals and Targets to be achieved by 2030, reaffirming a long-standing commitment to creating sustainable value and reflecting its ambition to become one of the most sustainable real estate companies in the world.

Hang Lung Properties unveiled its new Hang Lung “66” brand, signifying how the Group intends to grow beyond its important 60th Anniversary milestone.

Heartland 66, Wuhan opened on March 25, 2021. 

With the launch of the hello Hang Lung Malls Rewards Program and Hang Lung Malls App even more extraordinary shopping experiences await consumers.

The Hang Lung Residences brand brings a new level of premium living to mainland China with the launch of its serviced residences on June 29, 2021.

Hang Lung takes another big step forward by establishing 25 targets to be achieved by the end of 2025. It defined concrete and quantifiable measures to address significant sustainability challenges, providing our employees a clear sustainability agenda for the next four years. 

Spring City 66, Kunming becomes Hang Lung’s first property 100% powered by renewable energy.

Hang Lung is among the first real estate companies in Asia to commit to setting both near-term and long-term targets to reach net-zero value chain greenhouse gas emissions by no later than 2050.

Hang Lung announced a donation of HK$ 10 million in February 2022 to endow the “Hang Lung COVID-19 Relief Fund 2.0” to fully support pandemic countermeasures in Hong Kong and mainland China.

Initiated and organized by Hang Lung Properties, the Hang Lung Future Women Leaders Program aims to empower women’s development while enhancing community wellbeing.