Chinachem
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).
Headquarters at the Nina Tower | |
Native name | 華懋集團 |
|---|---|
| Company type | Private |
| Industry | Conglomerate |
| Founded | Before 1960s |
| Headquarters | 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 |
| Products | Real estate, Entertainment, Hotel and Investment |
Net income | HKD 250 million (2011) |
| Website | www |
| Chinachem | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Traditional Chinese | 華懋集團 | ||||||||||
| Simplified Chinese | 华懋集团 | ||||||||||
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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.
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.
After the death of Nina Wang, her brother Kung Yan-sum has been serving as the Acting Chairman of the Group.
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