Hopson Development

{{Short description|Chinese real estate private company}}

{{Infobox company

| name = Hopson Development Holdings Limited
合生创展集团有限公司

| logo = Hopson.png

| type = Privately held company

| genre =

| foundation = 1992

| founder =

| location_city = Chaoyang District, Beijing

| location_country = People's Republic of China

| location =

| origins =

| traded_as = {{SEHK|0754}}

| key_people = Chairman: Mr. Zhu Mengyi

| area_served = People's Republic of China

| industry = Real estate

| products =

| services =

| revenue =

| operating_income =

| net_income =

| num_employees =

| parent =

| divisions =

| subsid =

| owner =

| company_slogan =

| homepage =[http://www.hopson.com.cn Hopson Development Holdings Limited]

}}

{{Infobox Chinese

|order=st

|s=合生创展集团有限公司

|t=合生創展集團有限公司

|p=Héshēng Chuàng Zhǎn Jítuán Yǒuxiàngōngsī

|j=hap6 sang1 cong3 zin2 zaap6 tyun4 jau5 haan6 gung1 si1

}}

Hopson Development Holdings Limited or Hopson Development ({{hkex|754}}), established in Guangzhou, China, in 1992, is one of the five largest real estate private companies in Guangdong Province. (The others are Country Garden, Evergrande Real Estate Group, R&F Properties and Agile Property.) It focuses on property developments, including residential property, commercial property, hotel and tourist property, and property management business, in major Mainland cities such as Guangzhou, Beijing, Tianjin and Shanghai.{{Cite web |url=http://www.hopson.com.cn/en/about.php |title=Hopson Development Group Overview |access-date=2008-04-02 |archive-url=https://web.archive.org/web/20080519025009/http://www.hopson.com.cn/en/about.php |archive-date=2008-05-19 |url-status=dead }}

It was listed on the Hong Kong Stock Exchange in 1998.

Its headquarters are in Chaoyang District, Beijing.{{cite web|url=http://www.hopson.com.cn/contact.aspx?typeId=1|title=联系我们|publisher=Hopson Development|accessdate=2021-02-05|quote=地址:北京市朝阳区西大望路甲23号珠江帝景小区B区北侧合生创展办公楼}} Its headquarters were previously in Zhujiang New Town, Guangzhou.{{cite web|url=http://www.hopson.com.cn/en/contactUs.php|title=Contact Us|publisher=Hopson Development|date=2006-10-22|archive-url=https://web.archive.org/web/20061022113551/http://www.hopson.com.cn/en/contactUs.php|accessdate=2021-02-05|archive-date=2006-10-22|quote=Address: Human Resources Centre 16/F Zhujiang Investment Building, 421 Zhujiang East Road, Zhujiang New City, Guangzhou Postal Code: 510623 }} - [https://web.archive.org/web/20061214181236/http://www.hopson.com.cn/contactUs.php Chinese address]: "广州市珠江新城珠江东路421号珠江投资大厦 邮编:510623"

On October 4, 2021, during the Evergrande liquidity crisis, the Cailian Press reported that Hopson Development was set to buy a 51% stake in Evergrande for around 5 billion United States dollars.{{Cite news|date=2021-10-04|title=Evergrande: Company set to update market on 'major transaction'|language=en-GB|work=BBC News|url=https://www.bbc.com/news/business-58784316|url-status=live|access-date=2021-10-04|archive-url=https://web.archive.org/web/20211004092937/https://www.bbc.com/news/business-58784316|archive-date=2021-10-04}} However, by October 20, The Guardian reported that this value was decreased to 2.6 billion dollars, and that activity surrounding such deal with suspended following objection by the Guangdong provincial government, which is overseeing Evergrande's restructuring.{{Cite web|last=Farrer|first=Martin|date=2021-10-20|title=China's Evergrande crisis: clock ticking as crucial debt default deadline looms|url=https://www.theguardian.com/business/2021/oct/20/china-evergrande-group-crisis-clock-ticking-as-crucial-debt-deadline-looms|url-status=live|archive-url=https://web.archive.org/web/20211020045421/https://www.theguardian.com/business/2021/oct/20/china-evergrande-group-crisis-clock-ticking-as-crucial-debt-deadline-looms|archive-date=2021-10-20|access-date=2021-10-20|website=The Guardian|language=en}}

See also

References

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