{"id":121415,"date":"2021-08-12T15:15:19","date_gmt":"2021-08-12T08:15:19","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swires-flagships-post-strong-interim-results-capping-family-scions-helmsmanship-of-hong-kong-units-through-rough-times\/"},"modified":"2021-08-12T17:13:43","modified_gmt":"2021-08-12T10:13:43","slug":"swires-flagships-post-strong-interim-results-capping-family-scions-helmsmanship-of-hong-kong-units-through-rough-times","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swires-flagships-post-strong-interim-results-capping-family-scions-helmsmanship-of-hong-kong-units-through-rough-times\/","title":{"rendered":"Swire\u2019s flagships post strong interim results, capping family scion\u2019s helmsmanship of Hong Kong units through rough times"},"content":{"rendered":"


\nThe Swire Group\u2019s two publicly listed flagship companies delivered strong financial results in the first six months of 2021, marking a strong bookend to the tenure of Merlin Bingham Swire before the six-generation scion of the founder steps down on August 24 as chairman.Swire Pacific, one of Asia\u2019s largest conglomerates, returned to profit with HK$1.26 billion (US$162 million) in underlying interim net income, swinging from a loss of HK$5.48 billion last year. Sales of the group, with\u2026
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\nSource : South China Morning Post
\nRead more…Swire\u2019s flagships post strong interim results, capping family scion\u2019s helmsmanship of Hong Kong units through rough times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Swire Group\u2019s two publicly listed flagship companies delivered strong financial results in the first...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-121415","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vAj","jetpack-related-posts":[{"id":119163,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-properties-sells-cityplaza-one-office-tower-for-hk9-85-billion-us1-27-billion-after-its-parent-posted-first-interim-loss-in-half-a-century\/","url_meta":{"origin":121415,"position":0},"title":"Swire Properties sells Cityplaza One office tower for HK$9.85 billion (US$1.27 billion) after its parent posted first interim loss in half a century","date":"November 9, 2020","format":false,"excerpt":"\r Swire Properties, one of Hong Kong\u2019s largest owners of offices and shopping centres, has sold a 21-storey office building to a consortium of investors led by Gaw Capital Partners for HK$9.85 billion (US$1.27 billion), after its parent posted its first interim loss in half a century.The company, Swire Pacific\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87689,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-swire-properties-in-talks-to-sell-two-office-towers-in-citys-east\/","url_meta":{"origin":121415,"position":1},"title":"Hong Kong\u2019s Swire Properties in talks to sell two office towers in city\u2019s east","date":"May 10, 2018","format":false,"excerpt":"\r Hong Kong developer Swire Properties is in talks to sell two high-end offices in the east of Hong Kong Island to take advantage of a strong market for office properties, it said in a stock exchange filing on Thursday. The buildings are the 21-storey Cityplaza Three and the 24-storey\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-sees-stronger-headwinds-as-hong-kong-grapples-with-increasingly-disruptive-protests\/","url_meta":{"origin":121415,"position":2},"title":"Swire Pacific sees stronger headwinds as Hong Kong grapples with increasingly disruptive protests","date":"August 8, 2019","format":false,"excerpt":"\r Swire Pacific, one of Asia\u2019s largest conglomerates, said that the protests in Hong Kong have affected many of its businesses, but is in a financially strong position to weather any challenges that could come its way.Swire Pacific, whose businesses span aviation, real estate and offshore marine services, on Thursday\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-sells-the-center-in-us5-15-billion-record-deal-to-trim-his-flagships-hong-kong-assets\/","url_meta":{"origin":121415,"position":3},"title":"Li Ka-shing sells The Center in US$5.15 billion record deal to trim his flagship\u2019s Hong Kong assets","date":"November 1, 2017","format":false,"excerpt":"\r Li Ka-shing, Hong Kong\u2019s wealthiest tycoon and chairman of CK Asset Holdings, has parted ways with the tallest building in his property portfolio, selling The Center tower for a record HK$40.2 billion (US$5.15 billion) to a consortium comprising the city\u2019s investors and buyers from mainland China, marking the most\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91484,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-swire-sells-two-office-towers-in-cityplaza-development-for-us1-9-billion\/","url_meta":{"origin":121415,"position":4},"title":"Hong Kong\u2019s Swire sells two office towers in Cityplaza development for US$1.9 billion","date":"June 15, 2018","format":false,"excerpt":"\r Hong Kong developer Swire Properties said on Friday that it had agreed to sell two office towers at its development in the east of Hong Kong Island for HK$15 billion (US$1.9 billion), using the money for other projects in Hong Kong and Shanghai. It will sell the 21-storey Cityplaza\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171136,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-swire-and-wharf-report-profit-growth-amid-valuation-pressure\/","url_meta":{"origin":121415,"position":5},"title":"Hong Kong developers Swire and Wharf report profit growth amid valuation pressure","date":"March 12, 2026","format":false,"excerpt":"\r Swire Properties reported stronger underlying earnings in 2025, as the Hong Kong developer stepped up asset disposals and expanded its mainland China retail portfolio, though weakness in the city\u2019s office market dragged the company into a headline loss. Underlying profit rose 27 per cent to HK$8.62 billion (US$1.1 billion),\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121415"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=121415"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121415\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}