Schedule of Principal Group Properties at 31St December 2020
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About the Opposite House
For Immediate Release The Opposite House collaborates with Spanish street artist gerGA Presenting an abstract urban art piece Beijing, 21 November 2018 – The Opposite House is excited to collaborate with Spanish street artist gerGA presenting his distinct urban art piece at the property. Through a 20 meter mural, gerGA shows his emotional conflict and inspiration which Beijing brought to him. “I was born with the first generation of freedom in Spain. I grew up in a paradise island of never-ending sun on a tourist city of new created concrete without soul. I learnt to design big objects in Madrid and Barcelona. I was working for some years in the creative colorful streets of Berlin. Now, in Beijing, I challenge myself to create pocket cities, balancing between different aesthetics and spontaneous energy of the city, creating design without any preconceived goal. They are like organisms moving so quickly till they lose the energy that generates them and become static.” said gerGA. As an architect and designer, gerGA is always fascinated about urban situations, high density spaces, large metropolitan areas and super crowded places with that, he tries to combine all these elements into an aggressive minimal representation of an abstract urban area. Parallel to his work as an architect in large-scale projects in China, he has been developing an art concept inspired on urban densities, and exploring how to represent them in real architectural spaces creating large scale mural paintings. His work for The Opposite House is a spray painted spontaneous creation inspired by the multiple situations that we can daily experience on a metropolis like Beijing. -
China in 50 Dishes
C H I N A I N 5 0 D I S H E S CHINA IN 50 DISHES Brought to you by CHINA IN 50 DISHES A 5,000 year-old food culture To declare a love of ‘Chinese food’ is a bit like remarking Chinese food Imported spices are generously used in the western areas you enjoy European cuisine. What does the latter mean? It experts have of Xinjiang and Gansu that sit on China’s ancient trade encompasses the pickle and rye diet of Scandinavia, the identified four routes with Europe, while yak fat and iron-rich offal are sauce-driven indulgences of French cuisine, the pastas of main schools of favoured by the nomadic farmers facing harsh climes on Italy, the pork heavy dishes of Bavaria as well as Irish stew Chinese cooking the Tibetan plains. and Spanish paella. Chinese cuisine is every bit as diverse termed the Four For a more handy simplification, Chinese food experts as the list above. “Great” Cuisines have identified four main schools of Chinese cooking of China – China, with its 1.4 billion people, has a topography as termed the Four “Great” Cuisines of China. They are Shandong, varied as the entire European continent and a comparable delineated by geographical location and comprise Sichuan, Jiangsu geographical scale. Its provinces and other administrative and Cantonese Shandong cuisine or lu cai , to represent northern cooking areas (together totalling more than 30) rival the European styles; Sichuan cuisine or chuan cai for the western Union’s membership in numerical terms. regions; Huaiyang cuisine to represent China’s eastern China’s current ‘continental’ scale was slowly pieced coast; and Cantonese cuisine or yue cai to represent the together through more than 5,000 years of feudal culinary traditions of the south. -
Beijing's Nightlife
Making the Most of Beijing’s Nightlife A Guide to Beijing’s Nightlife Beijing Travel Feature Volume 8 Beijing 北京市旅游发展委员会 A GUIDE TO BEIJING’S NIGHTLIFE With more than a thousand years of history and culture, Beijing is a city of contrasts, a beautiful juxtaposition of the traditional and the modern, the east and the west, presenting unique cultural charm. The city’s nightlife is not any less than the daytime hustle and bustle; whether it is having a few drinks at a hip bar, or seeing Peking Opera, acrobatics and Chinese Kung Fu shows, you will never have a single dull moment in Beijing! This feature will introduce Beijing’s must-go late night hangouts and featured cultural performances and theaters for you to truly experience the city’s nightlife. 2 3 A GUIDE TO BEIJING’S NIGHTLIFE HIGHLIGHTS Late Night Hangouts 2 Sanlitun | Houhai Cultural Performances Happy Valley Beijing “Golden Mask Dynasty” | 4 Red Theatre “Kungfu Legend” | Chaoyang Theatre Acrobatics Show | Liyuan Theatre Featured Bars 4 Infusion Room | Nuoyan Rice Wine Bar | D Lounge | Janes + Hooch For more information, please see the details below. 4 LATE NIGHT HANGOUTS Sanlitun and Houhai are your top choices for the best of nightlife in Beijing. You will enjoy yourself to the fullest and feel immersed in the vibrant, cosmopolitan city of Beijing, a city that never sleeps. 5 SANLITUN The Sanlitun neighborhood is home to Beijing’s oldest bar street. The many foreign embassies have transformed the area into a vibrant bar street with a variety of hip bars, making it the best nightlife spot in town. -
Antonio Corsaro Chef De Cuisine, La Scala at the Sukhothai Shanghai
Antonio Corsaro Chef de Cuisine, La Scala at The Sukhothai Shanghai Exceptional culinary delights are intrinsic part of a hotel experience. In the two years since its opening, The Sukhothai Shanghai has established itself as one of Shanghai’s lifestyle landmarks and a must-visit culinary destination. A stylish highlight of the hotel is the casual upscale Italian restaurant, La Scala. As the new chef de cuisine of the hotel’s signature, award-winning restaurant, Chef Antonio Corsaro leads the culinary team to take La Scala’s epicurean offerings to new heights, crafting memorable gourmet experience for guests and discerning gastronomes alike. With over 17 years of experience honing his skills at some of Europe’s most elite establishments, including various Michelin-starred restaurants by Alain Ducasse, Chef Corsaro is known for his culinary finesse and uncompromising commitment to seasonality and freshness. The Italy native upholds the virtues of Italian food – simplicity with an emphasis on quality ingredients, which continues to underscore La Scala’s food philosophy. Originally from Naples, Italy, Chef Corsaro’s discovered a lifelong culinary passion from his mom's home cooking and his travels across the continent. Fascinated by the richness of food cultures in his own country and abroad, Antonio embarked on a journey to create his career success. He began his career in Unico, a one-star Michelin restaurant in Milan as chef de partie, working alongside celebrity chef Fabio Baldassarre, before moving to Tuscany to join L’Andana, a one-star Michelin restaurant under DUCASSE Paris. His relentless pursuit of culinary excellence has taken him to multiple DUCASSE Paris’ restaurants in Paris and London from 2013 to 2018. -
HKR International Ltd Version 1 | Bloomberg: 480 HK Equity | Reuters: 0480.HK Refer to Important Disclosures at the End of This Report
China / Hong Kong Company Guide HKR International Ltd Version 1 | Bloomberg: 480 HK Equity | Reuters: 0480.HK Refer to important disclosures at the end of this report DBS Group Research . Equity 4 Jun 2020 BUY(Initiating Coverage) Rediscovering a hidden gem. Last Traded Price ( 2 Jun 2020):HK$3.12(HSI : 23,996) • HKRI Taikoo Hui in Shanghai is a crown jewel, supporting its Price Target 12-mth:HK$4.09 (31.1% upside) long-term share price appreciation • Low-cost land reserve in Discovery Bay, a well-regarded Analyst residential community, provides good investment returns Jeff YAU CFA,+852 36684180, [email protected] • The stock is undervalued, trading at 82% discount to our assessed current NAV Price Relative • Initiating coverage with BUY rating and TP of HK$4.09 HK$ Relative Index 3.7 209 Initiating coverage with BUY rating and target price of HK$4.09. HKR 3.5 189 International is trading at 82% discount to our appraised current 3.3 169 3.1 149 NAV, slightly wider than those for other small-to-mid cap property 2.9 129 developers. The stock is undervalued in view of its asset quality and 2.7 109 financial strength. The realisation of the value of its upmarket 2.5 89 Dec-19 Mar-20 residential developments in Hong Kong should provide upside on HKR International Ltd (LHS) Relative HSI (RHS) stock. Steadily growing contributions from HKRI Taikoo Hui in Forecasts and Valuation Shanghai and CDW Building in Hong Kong should underpin its long- FY Mar (HK$ m) 2019A 2020F 2021F 2022F term share price appreciation. -
A Study on Fashion Street in Beijing- Through Street Fashion and Its Images
Journal of Advanced Research in Social Sciences and Humanities Volume 5, Issue 5 (172-184) DOI: https://dx.doi.org/10.26500/JARSSH-05-2020-0502 A study on fashion street in Beijing- Through street fashion and its images YONGLI HAO*, EUN-YOUNG SHIN 1 Graduate School of Fashion and Living Environment Studies, Bunka Gakuen University, Tokyo, Japan 2 Deptartmet of Fashion Sociology, Bunka Gakuen University, Tokyo, Japan Abstract Aim: This study focuses on Beijing, one of the top Chinese fashion cities, especially Guomao and Sanlitun, which draw attention to their fashion streets. Method: To achieve the aim, the scholar analyzed and investigated their fashion street images and the four influential factors which create the images of street fashion: social backgrounds based on bibliographic data, physical environments, surrounding factors, and human and cultural factors from the fashion consciousness survey. Findings: This study shows that while Guomao is grown into an upscale calm fashion street for adults, Sanlitun is developed as a fashion street for trendy young adults. However, both areas have a short history, and it’s hard to say their street cultures were born naturally. Generally, one place creates its unique image based on its street image, but Beijing’s fashion streets were intentionally created according to government policy. In other words, in addition to the social backgrounds, physical environments, surrounding factors, and human and cultural factors shown by many preceding studies, policy factors played an extremely critical role, and they dominated other factors, which differentiate the fashion streets in Beijing from other developing countries’ fashion streets. Implications/Novel Contribution: This study will provide some inspiration for other developing countries’ economic and fashion development. -
Swissotelsecrets Guide To: Blazing Through Beijing's Shops
Beijing #SwissotelSecrets guide to: Blazing through Beijing's shops From roadside peddlers and 4 wholesale markets to mega malls and high-end boutiques, Beijing 1 will wow with its variety of wares 10 for every taste and budget. 9 11 Feb 2017 3 Swissôtel Vitality Guides jauntful.com/Swissotel 2 13 12 6 5 8 7 ©OpenStreetMap contributors, ©Mapbox, ©Foursquare SOLANA Lifestyle Shopping Park... 1 Parkview Green 2 Yashow Clothing Market 3 Golden Resources Shopping Mall... 4 Mall Mall Flea Market Mall Located within Chaoyang Park, this Check out the architecture of this eco- This bargain hotspot is getting a facelift. Nicknamed the ‘Great Mall of China’, this scenic, western-style lifestyle enclave certified building. Hit Brompton Junction Expect to find fashionable, upscale wares one-stop mid-market mall houses over a has shopping, dining, and sporting for foldies, I.T for multi-label fashion, in place of branded reproductions when thousand shops and a massive dining facilities ideal for visiting with families. and Ivanka Trump for luxe jewellery. it reopens in Summer 2015. directory. 58 Workers' Stadium N Road, Dongcheng 6 Chaoyang Park Road, Chaoyang District 9 Dongdaqiao Rd, Chaoyang District District 1 Yuanda Rd, Haidian District +86 10 5905 6663 solana.com.cn/ +86 10 5690 7000 parkviewgreen.com/eng/ +86 10 6416 8945 yashowmarket.com +86 10 8887 5888 newyanshamall.com/ Panjiayuan Antique Market 5 Beijing Metropolis 6 Muxiyuan Fabric Market 7 Beijing Glasses City 8 Arts & Crafts Shops Shop Optical A must-visit for tourists, this market is all Winter sports lovers will have a fete at This large, chaotic market has fabrics for Visit for a massive array of glasses and about chinoiserie. -
Swire Properties Delivers Solid Results in First Half of 2021
For Immediate Release Swire Properties Delivers Solid Results in First Half of 2021 Strong fundamentals, combined with a balanced portfolio and strategic capital management fuelling Company’s future growth Summary of 2021 Interim Results • Increase in attributable underlying profit to HK$4,513 million, driven by the sale of car parking spaces at Taikoo Shing in Hong Kong. • Strong fundamentals delivering sustainable dividend growth of 3% year-on-year. • Resilient Hong Kong office portfolio with high occupancies and stable rents. • Robust Chinese Mainland retail portfolio with 38% year-on-year increase in attributable gross rental income. • Gradual recovery in Hong Kong retail portfolio with high occupancy and an increase in retail sales. • Strong balance sheet to scale up our investments in Hong Kong and the Chinese Mainland. Six months ended 30th June 2021 2020 Note HK$M HK$M Change Results Revenue 9,068 6,551 +38% Profit attributable to the Company's shareholders Underlying (a), (b) 4,513 3,753 +20% Recurring underlying (b) 3,716 3,702 0% Reported 1,984 1,029 +93% HK$ HK$ Earnings per share Underlying (c), (d) 0.77 0.64 +20% Recurring underlying (c), (d) 0.64 0.63 0% Reported (c), (d) 0.34 0.18 +93% Dividend per share First interim 0.31 0.30 +3% 30th June 31st December 2021 2020 HK$ HK$ Change Financial Position Equity attributable to the Company’s shareholders per share (a) 49.21 49.36 0% Gearing ratio (a) 3.1% 2.3% +0.8%pt. Notes: (a) Refer to the glossary on page 66 of the announcement of 2021 Interim Results of Swire Properties Limited (the “Results Announcement”), dated 12 August 2021, for definition. -
Baroque Group Opens Its 200Th Store in Mainland China
July 11, 2017 Press Release Baroque Japan Limited (Tokyo Stock Exchange First Section 3548) Baroque Group Opens its 200th Store in Mainland China HKRI Taikoo Hui MOUSSY & SLY General Store opens on July 8 in Shanghai Baroque Japan Limited (Head Office: Meguro-ku, Tokyo, Japan; Representative Director and CEO: Hiroyuki Murai, hereinafter “our company”), a specialty retailer of private label apparel, opened a MOUSSY & SLY general store in HKRI Taikoo Hui, a new commercial facility in the center of Shanghai on Saturday, July 8, 2017, through its joint venture with BELLE INTERNATIONAL HOLDINGS LIMITED (Head Office: Shenzhen City, Guangdong Province, China; hereinafter “Belle”). This store is our 200th in mainland China. Staff of MOUSSY & SLY general store celebrating the success of the 200th store at HKRI Taikoo Hui in Shanghai 21 The MOUSSY & SLY general store at HKRI Taikoo Hui (1) Overview of the commercial facility HKRI Taikoo Hui and the new store HKRI Taikoo Hui is a new complex which opened in May 2017. Large in size and with appealing store designs, it is attracting much attention in the Puxi district, which is the center of commercial activity. It comprises a shopping mall (approx 100,000 m2), a hotel and serviced apartments (approx 50,000 m2), and offices (approx 170,000 m2). It is conveniently located with access from three subway lines. Baroque Group, with the establishment of a large-scale 285 square-meter store in HKRI Taikoo Hui, is confident in the ability of its MOUSSY and SLY brands to attract customers amidst competition with other retail clothing lines. -
Swire Properties Announces 2017 Final Results
For Immediate Release Swire Properties Announces 2017 Final Results 2017 2016 Note HK$M HK$M Change Results For the year Revenue 18,558 16,792 +11% Operating profit 34,930 17,320 +102% Profit attributable to the Company's shareholders Underlying (a),(b) 7,834 7,112 +10% Reported 33,957 15,050 +126% Cash generated from operations 13,680 10,767 +27% Net cash inflow before financing 4,869 1,998 +144% HK$ HK$ Earnings per share Underlying (c) 1.34 1.22 +10% Reported (c) 5.80 2.57 +126% Dividends per share First interim 0.25 0.23 +9% Second interim 0.52 0.48 +8% HK$M HK$M Financial Position At 31st December Total equity (including non-controlling interests) 259,378 227,225 +14% Net debt 35,347 35,377 -0% Gearing ratio (a) 13.6% 15.6% -2.0%pt. HK$ HK$ Equity attributable to the Company’s shareholders per share (a) 44.00 38.52 +14% Notes: (a) Refer to glossary on page 57 of the announcement of 2017 Final Results of Swire Properties Limited dated 15 March 2018 (the “Results Announcement”) for definition. (b) A reconciliation between reported profit and underlying profit attributable to the Company’s shareholders is provided on page 6 of the Results Announcement. (c) Refer to note 9 in the financial statements in the Results Announcement for the weighted average number of shares. 2017 2016 Underlying profit/(loss) by segment HK$M HK$M Property investment 6,723 6,029 Property trading 1,154 1,200 Hotels (43) (117) 7,834 7,112 15 March 2018, Hong Kong - Swire Properties Limited today announced its final results for 2017. -
2020 Final Results
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. SWIRE PROPERTIES LIMITED (Incorporated in Hong Kong with limited liability) (Stock Code: 1972) 2020 Final Results 2020 FINAL RESULTS CONTENTS Page Financial Highlights 1 Chairman’s Statement 2 Chief Executive’s Statement 4 Review of Operations 6 Financing 34 Consolidated Financial Statements 37 Additional Information 55 Glossary 57 Financial Calendar and Information for Investors 58 2020 FINAL RESULTS FINANCIAL HIGHLIGHTS 2020 2019 Note HK$M HK$M Change Results For the year Revenue 13,308 14,222 -6% Profit attributable to the Company's shareholders Underlying (a),(b) 12,679 24,130 -47% Recurring underlying (b) 7,089 7,633 -7% Reported 4,096 13,423 -69% Cash generated from operations 7,550 5,499 +37% Net cash inflow before financing 13,885 20,217 -31% HK$ HK$ Earnings per share Underlying (c) 2.17 4.12 -47% Recurring underlying (c) 1.21 1.30 -7% Reported (c) 0.70 2.29 -69% Dividend per share First interim 0.30 0.29 +3% Second interim 0.61 0.59 +3% HK$M HK$M Financial Position At 31st December Total equity (including non-controlling interests) 290,680 288,911 +1% Net debt 6,605 15,292 -57% Gearing ratio (a) 2.3% 5.3% -3.0%pt. -
Insider Guide
INSIDER GUIDE Shopping Shopping Handbook Your shopping journey starts from Hotel Éclat Beijing Capital of an ancient empire and steeped in mystery with over three millennia of history to offer, Beijing is a city to inspire and a journey to experience. A glorious antiquity lies within these decorated walls of stone, bustling streets, and peaceful gardens. A metropolis where modernity and history unite, Beijing’s treasures have made it the center of culture and art in China. HOTEL ÉCLAT BEIJING DAY ONE Pan Jia Yuan Antique Market Step off the typical tourist trail and venture to this Check-In fascinating assortment & antique Pan Jia Yuan Market, one of China’s largest flea markets with more than 3,000 registered stallholders. Settle in and get comfortable at your new home away from home and unwind while surrounded by your room’s artistic vibe. Arrival Li Qun Roasted Duck Liu Li Chang Culture Street TThe Beijing duck served at here is prepared and cooked in the same way as it was for Qing dynasty Empress Cixi, Spend half day at Beijing’s famous Liu Li Chang culture according to its founder and head chef. street where you'll find one of China's oldest and largest bookshops, selling vintage reprints of ancient texts as well as calligraphy supplies. DAY TWO TaiKoo Li Sanlitun Taikoo Li Sanlitun is one of Beijing’s most popular Morning Jogging at Ritan Park lifestyle destinations. This sleek plaza - a favorite of expats and hip locals - is ringed with over 200 retail outlets and more than 40 dining outlets.