Hongkong Chinese Limited

Hongkong Chinese Limited is an indirect subsidiary of Lippo Capital, which was owned by Indonesian entrepreneur Mochtar Riady and his family members.

An additional 15% shares of the bank were acquired from Wong Kon Kei in September 2007, for MOP$47.2 million.

In 2006 Hongkong Chinese Limited, partnering Argyle Street Management, acquired Kim Seng Plaza, Singapore.

In October 2015, an additional 31% shares were sold to Nam Yue Group (16%) and Wong Kar Ho (15%) for MOP$279 million, subject to the approval of the Monetary Authority of Macau.

In 2001, 50% shares of Lippo CRE (Financial Services) Limited and 5.84% shares of HKCB Bank Holding that were held by China Resources Enterprise directly, were sold to Lippo China Resources, for about HK$1.8 billion.