TNAG-1646-FCO40-2293-Chinese-investment-in-Hong-Kong-1987 — Page 8

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

4

1984

Shum Yip Trading Co.

1984

Perfect Mount

1985

1985

1986

1986

China Merchants Steam Navigation Co.

China Resources

(Holdings) Co. Ltd.

Guangdong Enterprises

(Holding) Ltd.

Guangdong Travel Co. Ltd.

1987

China International Trust and Investment Corporation

Joined with Kumagai Gumi to acquire and

develop a hotel site in Tsim Sha Tsui.

Residential development at Shaukiwan MTR station valued at about HK$200 million.

Invested HK$250 million in a hotel project in Western District.

Invested HK$250 million to develop a godown and a pier in Cheung Sha Wan for handling freight.

Acquired a site in Kowloon Tong for

residential

development.

Investment was

estimated to be around

HK$60 million.

Acquired a hotel in Causeway Bay using HK$102 million.

Bought Asian House in Wanchai using HK$350 million.

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