Chinachem

Chinachem Group
Native name
華懋集團
Company typePrivate
IndustryConglomerate
FoundedBefore 1960s
Headquarters35-38/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
ProductsReal estate, Entertainment, Hotel and Investment
HKD 250 million (2011) [1]
Websitewww.chinachemgroup.com
Chinachem
Traditional Chinese華懋集團
Simplified Chinese华懋集团
Transcriptions
Standard Mandarin
Hanyu PinyinHuàmào Jítuán
Yue: Cantonese
Jyutpingwaa4 mau6 zaap6 tyun4

Chinachem Group (Chinese: 華懋集團) 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][non-primary source needed]

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 once served as the Acting Chairman of the Group.

Now, the Group is overseen by the Board of Directors of Chinachem Group Holdings Limited, which comprises the following: Chairman & Independent Non-Executive Director: Peter Brien; Executive Directors: Andy Cheung, Wong Hung Han, and Ricky Tsang; Non-Executive Directors: Alvin Wong, Victor Jong and Ted Osborn. The Board committees include Audit and Risk Committee, Strategic Investment Committee and Remuneration Committee. [4] [5] [6]

  1. ^ "王廷歆結束傳奇一生 - 東方日報".
  2. ^ http://www.chinachemgroup.hk/en/groupprofile/action.do?method=detail&mappingName=GroupProfile
  3. ^ "Archived copy". www1.appledaily.atnext.com. Archived from the original on 9 May 2007. Retrieved 17 January 2022.{{cite web}}: CS1 maint: archived copy as title (link)
  4. ^ "Chinachem Group - Corporate governance". www.chinachemgroup.com. Retrieved 2024-09-02.
  5. ^ "Hong Kong developer Chinachem names new CEO as Donald Choi sets retirement". South China Morning Post. 2024-05-31. Retrieved 2024-09-02.
  6. ^ Standard, The. "Chinachem's CEO calls it a day". The Standard. Retrieved 2024-09-02.