What projects does Sun Hung Kai Properties have in 1999?

1999 In the second half of the year, Sun Hung Kai Properties still launched a number of new properties, including Grand Garden in Hung Hom Peninsula, Victoria Harbour Phase I in Tseung Kwan O and Clear Water Bay Peninsula Phase I, etc. 1999, the completed real estate area exceeds 400,000 square meters, which is helpful to improve the group's capital flow. In addition to real estate, Sun Hung Kai is also committed to the development of telecommunications business. On the one hand, it reduces its dependence on real estate income, on the other hand, it adds value to the property and is conducive to sales. Following 1992' s spin-off and listing of its local mobile phone service Digitone, the group established a company on 1999; In August, 2008, we invested100,000 USD, and cooperated with Beijing Control to set up a venture fund dedicated to investing in international positioning system, which is planned to be listed on NASDAQ market in the United States in 2000. Cyberlncuba—tor was launched in September, aiming at avoiding leasing for the equity of small and medium-sized technology companies; In addition, it also invested in Quamnet and entered the financial Internet. By June 5438+00, online auction station (Xiaohong); I-HON (Intelligent Home OP-TICAL Fabernetwork) was established to lay optical fiber infrastructure network for its real estate and add value to the residence. The first pilot project is the Peninsula House. In addition, Sun Hung Kai Properties has also established strategic alliances with some internationally renowned computer companies such as SunMicrosystem and Microsoft. In addition to cooperating with SunMicrosystem to develop AsiajavaVen-tureCapitalFund, we also launched the website of SuperHome.net to introduce its residential and commercial buildings. In addition, we cooperated with Microsoft to develop a DigitalDashboard to provide it to its tenants. The appreciation of property information of Sun Hung Kai Properties is regarded as the trend of future property development. Many developers who have participated in the telecom business will inevitably strengthen the property quality, which will definitely help to penetrate the telecom market.