Hongkong Chinese Limited is a Bermuda-incorporated Hong Kong listed company. It was the holding company of Hongkong Chinese Bank, which was sold in 2002. The listed company now engaged in real estate development in China and had properties in Singapore. Hongkong Chinese Limited is an indirect subsidiary of Lippo Capital, which was owned by Indonesian entrepreneur Mochtar Riady and his family members. The chairman of Hongkong Chinese Limited, Stephen Riady, is the son of Mochtar.
History
The HKCB Bank Holding Company Limited was incorporated in 1992 (and registered as a foreign company in Hong Kong on 20 October 1992). In 2001, the subsidiary Hongkong Chinese Bank was sold to CITIC Ka Wah Bank for HK$4.2 billion.[2][3] The holding company itself was renamed to Hongkong Chinese Limited on 8 February 2002.[4] In the same year 85% shares of Macau Chinese Bank[5]