Hysan Development

Hysan Development
FormerlyHennessy Development
Company typelisted
SEHK: 14
ISINHK0014000126
Industryreal estate development
PredecessorLee Hysan Estate
Founded20 October 1970 (1970-10-20) in British Hong Kong
Founder
  • Lee Hysan family
  • (via Lee Hysan Estate)
Headquarters49/F, Lee Garden One, Hong Kong Island,
Hong Kong
,
China
Key people
Irene Lee (executive chairman)
Revenue HK$3.548 billion (2017)
HK$3.616 billion (2017)
Total assets HK$82.120 billion (2017)
Total equity HK$69.953 billion (2017)
Owner
  • Lee Hysan Co. Ltd. (41.42%)
  • (via Lee Hysan Estate)
Chinese name
Traditional Chinese希慎興業有限公司
Simplified Chinese希慎兴业有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinXīshèn Xìngyè Yǒuxiàn Gōngsī
Yue: Cantonese
Jyutpinghei1 san6 hing1 jip6 jau5 haan6 gung1 si1
short name
Traditional Chinese希慎興業
Simplified Chinese希慎兴业
Transcriptions
Standard Mandarin
Hanyu PinyinXīshèn Xìngyè
Yue: Cantonese
Jyutpinghei1 san6 hing1 jip6
second short name
Traditional Chinese希慎
Simplified Chinese希慎
Literal meaningHysan
Transcriptions
Standard Mandarin
Hanyu PinyinXīshèn
Yue: Cantonese
Jyutpinghei1 san6
RatingBBB+ (Fitch, August 2017)
Footnotes / references
in consolidated financial statement (net income and equity figures excluding minority interests); source of data::106,119,121,189

Hysan Development Company Limited is a Hong Kong property investment, management and development company that is listed on the Stock Exchange of Hong Kong. The company was formed in Hong Kong in 1923, when businessman Lee Hysan acquired plots of land in East Point, now known as Causeway Bay, Hong Kong Island. On 30 April 1928, Hysan, who was aged 48–49, was killed. His descendant expanded the plots of land into a business empire. According to the South China Morning Post, Hysan was the largest commercial landlord in the Causeway Bay area in 2018.