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Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour. With a land... mass of 1,104 km and a population of seven million people, Hong Kong is one of the most densely populated areas in the world. Hong Kong's population is 95 percent ethnic Chinese and 5 percent from other groups. Hong Kong's Han Chinese majority originate mainly from the cities of Guangzhou and Taishan in the neighbouring Guangdong province. Hong Kong became a colony of the British Empire after the First Opium War . Originally confined to Hong Kong Island, the colony's boundaries were extended in stages to the Kowloon Peninsula in 1860 and then the New Territories in 1898. It was occupied by Japan during the Pacific War, after which the British resumed control until 1997, when China resumed sovereignty. The region espoused minimum government intervention under the ethos of positive non-interventionism during the colonial era.
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Sun Hung Kai Properties Ltd. is a listed corporation based in Hong Kong. The company is controlled by the family trust set up by Kwok Tak Seng, who founded the company. The company was one of many non-British owned companies that overtook the British trading companies or 'hongs' that dominated the financial order in Hong Kong prior to 1997. The company was founded in 1963 by the elder Kwok, together with Fung King-hei and Lee Shau Kee, and was... listed on the Hong Kong Stock Exchange in 1972. SHKP was publicly listed in 1972 and is one of the largest property companies in Hong Kong. It specializes in premium-quality residential and commercial projects for sale and investment. It employs more than 35,000 people and has in-house expertise in land acquisition, architecture, construction, engineering and property management. SHKP’s core business is the development of property for sale and investment. It achieved a revenue of HK$62,553 million in financial year 2010/11, with profit attributable to shareholders of HK$48,097 million. The majority of its revenues and operating profit was derived from property sales and rental.
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