Wharf (0004)

Overview

Founded in 1886 and registered as the 17th company in Hong Kong, The Wharf (Holdings) Limited (Stock Code: 0004) is deeply embedded in the history and development of Hong Kong. It has been a pioneer in the region's business landscape, marking its presence as one of the original 30 constituent stocks of the Hang Seng Index in the 1960s. Wharf stands by its enduring mission, "Building for Tomorrow," showcasing a commitment to forward-thinking development and excellence in management and execution. In 2017, the company strategically spun off Wharf Real Estate Investment Company Limited (Stock Code: 1997) into a separate entity, refining its business focus. Currently, The Wharf (Holdings) Limited's portfolio spans across Investment Properties, Hotels, and Development Properties in both Hong Kong and Mainland China. It has diversified into other sectors, including Logistics Infrastructure through its operations in Modern Terminals and a significant partnership in Hong Kong Air Cargo Terminals. The group's Peak Portfolio highlights its dedication to luxury and craftsmanship, meeting the high standards of its discerning clients. Despite challenges in the Mainland China market, such as stringent regulatory policies and competitive pressures, Wharf continues to adapt, being selective in new land acquisitions and focusing on long-term returns. With a significant footprint in the hospitality industry, Wharf Hotels manages an impressive portfolio of 16 hotels across Mainland China, Hong Kong, and the Philippines. Wharf's commitment to corporate social responsibility is evident through its "Business-in-Community" initiatives, notably the "Project WeCan" educational program, underscoring its investment in societal improvement and development.

Products and Services

• Investment Properties

Wharf (Holdings) Limited develops and manages a diverse range of premier properties, including office spaces, retail outlets, and commercial complexes, primarily in Hong Kong and Mainland China. These properties are central to Wharf's portfolio, contributing significantly to the company's revenue through leasing and property management services.

• Hotels

The Group's hospitality branch, Wharf Hotels, operates 16 luxury and business hotels under the Niccolo and Marco Polo brands in Mainland China, Hong Kong, and the Philippines. These hotels are known for their exceptional service, strategic locations, and world-class amenities, catering to both business and leisure travelers.

• Development Properties

Wharf develops residential, commercial, and mixed-use properties in Hong Kong and China, focusing on high-quality construction and design to meet the evolving needs of clients. These development projects reflect the company's mission of "Building for Tomorrow," ensuring enduring value and innovation.

• Logistics Infrastructure

Supporting Hong Kong’s position as a global trade hub, Wharf owns and operates crucial logistics facilities, including Modern Terminals and holds a partnership in Hong Kong Air Cargo Terminals. These operations are vital to maintaining efficient cargo handling and logistics services in one of the world's busiest ports.

• Community and CSR Initiatives

Wharf extends its mission beyond business through various community engagement and social responsibility programs. "Project WeCan" is a notable education initiative aimed at providing better opportunities for underprivileged youths in Hong Kong and Mainland China, demonstrating Wharf's commitment to social development and support.