Emperor Group

Emperor Group
Industry Property, Watch, Jewellery, Entertainment, Hospitality, Securities, Publishing, Furniture, Catering
Founded 1942 Hong Kong
Headquarters Hong Kong
Key people
 Albert Yeung (founder)
Number of employees
 7,000
Website www.emperorgroup.com
Emperor Group Centre in Wan Chai District, Hong Kong

Emperor Group is a diversified group of companies founded by Albert Yeung in Hong Kong. Albert Yeung's father, Mr Yeung Shing, opened a watch shop named "Shing On Kee Watch Shop" in 1942, setting the business foundation.[1] In recent years, the Group has entered overseas markets, including Macau, Thailand, Indonesia, mainland China, the Democratic People's Republic of Korea, European Countries and America. There are 7,000 employees and over 500 subsidiaries and branch offices of the Group.[2]

History

As of 1989, the Emperor Group's investments included a printing service, investment and property holdings, the wholesale and retailing of furniture, infoline and money-lending services, securities and future brokerage services, entertainment, laser disc and video rental, and the supply of equipment for the pager business and Taiwan and mainland China. In 1992, it acquired 30% of the shares of the Hong Kong Daily News.[3]

Lines of business and Susidiaries

Financial Services

Established in 1978, the Emperor Financial Capital Group is now one of the largest financial services institutions in Hong Kong.[4] It has also expanded its frontiers to Macau and South-east Asia. The group has 2 arms:[5]

Emperor Financial Services Group, is engaged in the business of forex, bullions and precious metals.

Emperor Capital Group Limited (SEHK: 717), mainly provides brokerage services in securities and futures.

Property

Real estate investment and property development of Emperor Group are mainly managed by Emperor International Holdings Limited (SEHK: 163). Formally established in 1990, it originally had interests in Hong Kong. From 2005, taking advantage of Macau's growing gaming and tourism industry, the group began to acquire a number of local prime properties there. Beginning from 2006, the group has engaged in property development projects in Beijing. As of February 2011, the total value of the group's properties has reached HK$ 20 billion. In Hong Kong, the group has become the second largest landlord of ground-floor shop spaces on Russell Street in Causeway Bay where retail rents have risen to become the second highest in the world, ranking only below that of Fifth Avenue in New York.[6]

Watch and jewellery

Emperor watch and jewellery along Queen's Road Central, Hong Kong

Emperor Watch & Jewellery Limited (SEHK: 887) was founded in 1942 by Albert Yeung. The company is a retailer of timepieces and a manufacturer of jewellery.[7] On 22 March 2011, the firm announced its 2010 annual results, reporting revenue of approximately HK$4,095 million, an increase of 52.5%.[8]

Entertainment and films

Emperor Entertainment Group was established in 1999. Its major businesses include production and distribution of local and foreign records, music publishing, talent management and concert production. The company is also engaged in theater, film and TV production, multimedia and merchandise licensing, retail and other businesses.[9]

Hospitality

Opened in 2006, Grand Emperor Hotel is situated in downtown Macau and offers dining, accommodations as well as gaming and entertainment facilities. It is managed by Emperor Entertainment Hotel Limited (SEHK: 296).[10]

Publishing and printing

Established in 1999 and listed on the Main Board of the Hong Kong Stock Exchange in February 2008, New Media Group Holdings Limited (SEHK: 708) is principally engaged in magazine publishing and distribution as well as in providing a marketing platform through advertising spaces to clients.[11]

Furniture

Established in 1975, Ulferts is a furniture chain store in Hong Kong dealing in European brand furniture. In 1979, the firm started the production and sales of its proprietary mattress products under the name of 'Ulfenbo'.[12]

Food and restaurants

The group owns different restaurants of various price ranges .[13]

References

  1. ↑ Chairman's Profile from Emperor Group
  2. ↑ Emperor Group, Group Profile
  3. ↑ Rawnsley, Gary D.; Rawnsley, Ming-Yeh T. (2003). Political Communications in Greater China: The Construction and Reflection of Identity. Routledge. pp. 197, 201. ISBN 9781135786755.
  4. ↑ Emperor Financial Capital Group, About Us
  5. ↑ Emperor Financial Capital Group, About Us
  6. ↑ Emperor Group, Property
  7. ↑ Emperor Watch & Jewellery Limited, About Us
  8. ↑ "Emperor Watch & Jewellery almost doubles profits in 2010". The luxury project. Retrieved on 6 September 2011.
  9. ↑ Emperor Group, Entertainment & Films
  10. ↑ Emperor Group, Hospitality
  11. ↑ Emperor Group, Publishing & Printing
  12. ↑ Emperor Group, Furniture
  13. ↑ Emperor Group, Food & Restaurants
Wikimedia Commons has media related to Emperor Group.
This article is issued from Wikipedia - version of the 12/3/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.