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Emperor Group
Emperor Group
from Wikipedia

An Emperor Watch and Jewellery shop on Queen's Road Central, Hong Kong

Key Information

Emperor Group is a Hong Kong conglomerate founded by Albert Yeung. Albert Yeung's father, Mr Yeung Shing, opened a watch shop named "Shing On Kee Watch Shop" in 1942, setting the business foundation.[3]

History

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As of 1989, the Emperor Group's investments included a printing service, investment and property holdings, the wholesale and retailing of furniture, infoline and money-lending services, securities and future brokerage services, entertainment, laser disc and video rental, and the supply of equipment for the pager business and Taiwan and mainland China. In 1992, it acquired 30% of the shares of the Hong Kong Daily News [zh] (Chinese: 新報; lit. 'new newspaper').[4]

Listings

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Six companies within the Group are listed on the Main Board of The Stock Exchange of Hong Kong:

  • Emperor International Holdings Limited (SEHK163, real estate);
  • Emperor Watch and Jewellery Limited (SEHK887);
  • Emperor Entertainment Hotel Limited (SEHK296, hotel and gaming businesses in Macau);
  • Emperor Capital Group Limited (SEHK717, financial services);
  • Emperor Culture Group Limited (SEHK491, entertainment, media and cultural development business);
  • Ulferts International Limited (SEHK1711, chain retailing of upmarket European furniture);
  • New Media Lab Limited (SEHK1284, digital advertising).

Subsidiaries

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Financial services

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Established in 1978, the Emperor Financial Capital Group is now one of the largest financial services institutions in Hong Kong.[5] It has also expanded to Macau and Southeast Asia. The group has two arms:[6]

Emperor Financial Services Group, engaged in the business of forex, bullions and precious metals.

  • Emperor International Exchange (Hong Kong) Company Limited is a licensed forex dealer in Hong Kong.
  • Emperor Bullion Investments (Asia) Limited offers bullion and precious metals trading services, providing bullion transaction services to individual customers.
  • Emperor Gold and Silver Online Limited provides Loco London Gold and Loco London Silver online margin trading services.
  • Emperor Consultant Limited Specially established for investor education. It organizes seminars, provides informative resources and offers consultation services.

Emperor Capital Group Limited (SEHK717) mainly provides brokerage services in securities and futures. It has been listed on the main board of the Stock Exchange of Hong Kong since April 2007.

Watches and jewellery

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Emperor Watch & Jewellery Limited (SEHK887) was founded in 1942 by Yeung Shing. The company is a retailer of timepieces and a manufacturer of jewellery.[7] On 22 March 2011, the firm announced its 2010 annual results, reporting revenue of approximately HK$4,095 million, an increase of 52.5%.[8]

Property

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Real estate investment and property development of Emperor Group are mainly managed by Emperor International Holdings Limited (SEHK163). Formally established in 1990, its operations were originally limited to Hong Kong. From 2005, the group began to acquire a number of properties in Macao. Beginning in 2006, the group has engaged in property development projects in Beijing. As of February 2011, the total value of the group's properties was HK$20 billion. In Hong Kong, the group has become the second largest landlord of ground-floor shop spaces on Russell Street in Causeway Bay where retail rents have risen to become the second highest in the world, ranking only below that of Fifth Avenue in New York.[9]

Entertainment

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Emperor Entertainment Group (EEG) was established in 1999. Its major businesses include production and distribution of local and foreign records, music publishing, talent management and concert production. The company is also engaged in theater, film and TV production, multimedia and merchandise licensing, retail and other businesses.[10] Emperor Motion Pictures (Chinese: 英皇電影,[11] known as EMP) is a film producer and distributor, part of the Emperor Group. Originally, the company is known as Fitto Movie Co, Ltd. and it is owned by Fitto Entertainment, a company known for distributing karaoke albums and it is also distributes many other VCD and LaserDisc titles under the new label, Fitto Mobile Laser Distribution Co, Ltd. Emperor Group acquired Fitto Movie Co, Ltd. in 2000.

Emperor Cinemas will be renovating the UA Cine Times Cinema at Times Square in Causeway Bay and expect to open for business before end of 2021.[12]

Hospitality

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Opened in 2006, Grand Emperor Hotel is located in Macau and offers dining, accommodations as well as gaming and entertainment facilities. It is managed by Emperor Entertainment Hotel Limited (SEHK296),[13] a gaming business of its parent company Emperor International Holdings Limited.

Media

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New Media Group principally engages in magazine publishing and distribution, as well as in providing a marketing platform through advertising spaces to clients. Its flagship titles include Oriental Sunday [zh], Weekend Weekly [zh], New Monday [zh] (NM+), Sunday Kiss and Economic Digest [zh]. The Group has actively developed its digital business in recent years and transformed into a multimedia platform. The group also owns a printing house named Hong Kong Daily Offset Printing to support the printing of the books and magazines.[14]

Furniture

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Established in 1975, Ulferts is a furniture chain store in Hong Kong dealing in European brand furniture. In 1979, the firm started the production and sales of its proprietary mattress products under the "Ulfenbo" brand name.[15]

Food and beverage

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The Group owns a diversity of restaurants, including Golden Valley, Michelin Star winner of 7 consecutive years since 2011, as well as sassy leisure outlets, dragon-i and TAZMANIA BALLROOM.[16]

Esports

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EES owns three professional eSports teams – G-REX (PUBG), G-REX Infinite (PUBG) and G-REX (LOL). Hong Kong's first professional, world champion League of Legends player Toyz, joined EES as Chief Team Manager.[17]

Co-working space

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Emperor Group's first co-working space, Mustard Seed, is located at Emperor Group Centre, Wan Chai, providing young entrepreneurs with resources, partnership opportunities, community affiliations as well as leasing options at a concessionary rent no higher than half of the market rental. The project has participated in the "Space Sharing Scheme for Youth" to support start-ups and young entrepreneurs.[18] Mustard Seed is no longer in operation.

References

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Revisions and contributorsEdit on WikipediaRead on Wikipedia
from Grokipedia
The Emperor Group is a diversified Hong Kong-based conglomerate founded by businessman in 1964, initially as a watch retail store named Shing Kee on in , which evolved from his father's earlier watch shop. Over more than five decades, under Yeung's leadership as chairman, the group has expanded internationally into a broad portfolio of businesses, encompassing property development, , luxury watch and jewellery retail, entertainment and culture, hospitality, digital media, and furniture manufacturing. It currently operates seven subsidiaries listed on the Main Board of the Limited, reflecting its status as a prominent player in Asia's business landscape. Albert Yeung, born in 1943 in with ancestral roots in Chiu Chow, , began his entrepreneurial journey by opening the original store at age 21 and progressively built the Emperor Group through strategic diversification and a focus on staff cohesion and business synergies. Key milestones include the establishment of Emperor Watch & Jewellery as a leading retailer and expansions into entertainment via Emperor Motion Pictures, which has produced notable films, and property projects that contribute significantly to the group's revenue. The conglomerate's arm, including Emperor Capital Group, provides securities and , while its hospitality division manages luxury hotels and resorts. Beyond business, Emperor Group is recognized for its , led by Yeung's establishment of the Emperor Foundation in 1997 and the Albert Yeung Sau Shing Charity Foundation, supporting youth development, community inclusion, , and disaster relief across and beyond. Yeung has received numerous awards for his charitable efforts, including the "China Charity Award – Most Caring Individual Donor" annually since 2005, the "Lifetime Achievement Award" from China Philanthropy Times in 2017, and the "2024 Philanthropic Leader with Outstanding Contribution." However, as of mid-2025, its development subsidiary faces substantial financial pressures amid Hong Kong's sector downturn, reporting overdue bank borrowings of HK$16.6 billion (approximately US$2.13 billion) and losses of approximately HK$4.84 billion (approximately US$620 million) for the ended March 2025. Despite these challenges, Emperor Group continues to emphasize and innovation in its operations.

Overview

Company profile

Emperor Group is a diversified conglomerate based in , originally established in 1942 as Shing On Kee, a modest watch retailer founded by Yeung Shing, the father of current chairman . Over the decades, it has evolved from its roots in timepieces into a multifaceted with operations spanning multiple industries. Headquartered at 28/F, Emperor Group Centre, 288 Road, , , the group maintains a prominent presence across , including key markets in and . The company's diversification encompasses property development and investment, financial services, luxury watch and jewellery retail, entertainment and cultural productions, hospitality, digital media, and furniture manufacturing. As a private holding entity, Emperor Group oversees seven subsidiaries listed on the Main Board of The of Limited, providing strategic direction and investment across these sectors. In terms of scale, the group's operations through its listed subsidiaries generate combined annual revenues exceeding HK$8 billion, as evidenced by recent financial reports from major units such as Emperor Watch & Jewellery Limited (HK$5.23 billion in 2024) and Emperor International Holdings Limited (HK$1.38 billion for the year ended March 2025). It employs approximately 1,500 people across its businesses, supporting a broad portfolio that emphasizes luxury and sectors in the region.

Key personnel

Dr. Albert Yeung serves as the founder and Chairman of Emperor Group. The company's roots trace back to the Shing On Kee Watch Shop established by his father, Yeung Shing, in 1942. Born in with roots in Chiu Chow, , Yeung began his entrepreneurial journey by opening his own watch and jewellery store on in in 1964, expanding it into a diversified conglomerate spanning , , , and over more than five decades. His background in business was complemented by ventures into the industry, where he founded Emperor Entertainment Group, fostering synergies across sectors and driving the group's international presence. Under Yeung's , the company has emphasized staff cohesion and opportunistic expansion, while his philanthropic efforts through the Emperor Foundation and Albert Yeung Sau Shing Charity Foundation have earned him awards such as the "China Charity Award – Most Caring Individual Donor" since 2005. Mr. Alex Yeung, son of Dr. , acts as Vice Chairman of Emperor Group, playing a pivotal role in family . Having joined the group to learn from his father and veteran executives, Alex Yeung brings a focus on and to sustain growth amid economic shifts. He incorporates perspectives from younger generations to enhance potential in areas like and , while prioritizing and community engagement, particularly youth initiatives in . This succession approach underscores the family's commitment to blending tradition with modern strategies in the group's diversification efforts. The leadership team reflects Emperor Group's family-controlled structure, with the Yeung family dominating key positions to guide its diversification strategy from retail origins into multiple sectors. Ms. Cindy Yeung, daughter of Dr. and a third-generation leader, serves as Chairperson and CEO of Emperor Watch and Jewellery, the group's flagship division, leveraging over 25 years of experience in the industry to introduce proprietary jewellery collections and expand retail networks across , , , and . Ms. Daisy Yeung, another daughter, holds the position of Chairperson of Emperor Capital Group Limited, overseeing operations. Non-family executives include Ms. Vanessa Fan, Group Managing Director since the , who handles and across subsidiaries, and Ms. Semon Luk, Chairperson of Emperor International Holdings Ltd. and Emperor Entertainment Hotel Ltd., contributing to property and hospitality management. The board composition, blending family members with experienced professionals, ensures aligned decision-making that has propelled the group's evolution into a multinational enterprise while maintaining tight governance.

History

Origins and early years

The Emperor Group traces its origins to 1942, when Yeung Shing established Shing On Kee Watch Shop at 149 Shanghai Street in , , initially specializing in the retail and repair of watches and clocks. This modest venture laid the foundation for the company's future growth amid the challenges of wartime Hong Kong, focusing on essential timepiece services for local residents. Following , the business recovered steadily during the 1950s, benefiting from Hong Kong's economic resurgence. Shing On Kee expanded its operations by building a larger team and diversifying its product offerings to include a broader range of watches and related accessories, solidifying its reputation as a reliable retailer and repair service in the colony. This period marked the shop's transition from survival to modest prosperity, capitalizing on increasing demand for quality timepieces in a rebuilding society. In the late 1950s, , Yeung Shing's son born in 1943, began actively contributing to the family business as a teenager, driving its modernization and expansion. By 1964, at age 21, he opened his own outlet, Observatory Watch Shop, at 499 in , extending the family's reach into new commercial districts. This initiative paved the way for further growth, including the establishment of Emperor Watch & Jewellery Company in 1965 at Jade Mansion in , where Albert secured the prestigious dealership at just 22 years old. The 1960s and 1970s saw consolidate key milestones in watch distribution, enhancing the group's networks through strategic partnerships. In 1967, he obtained the dealership, elevating the company's status among luxury retailers in . By 1969, the first branch of Emperor Watch & Jewellery opened at 81 , marking the beginning of a multi-location retail presence and establishing robust distribution channels for high-end brands across the region. These developments shifted the focus from repair services to a more expansive retail model, setting the stage for broader diversification while maintaining the core emphasis on watches.

Diversification and expansion

In the 1970s, Emperor Group began a strategic diversification push, expanding beyond its core watch retail operations into , , and other sectors to broaden its revenue base. By 1989, the group's investments encompassed printing services, holdings, and furniture wholesale and retail, marking a shift toward a more conglomerate-like structure. This momentum continued into the , with the establishment of Emperor International Holdings Limited in 1990 to focus on development and investment, and further growth in through real-time stock trading and brokerage activities that positioned Emperor as a dominant player in Hong Kong's market. The group also ventured into and media during this period. In 1991, Emperor acquired Emperor (China Concept) Investments Ltd., which was later restructured and renamed Emperor Entertainment Hotel Limited in 2005 to support and entertainment initiatives. A notable media entry occurred in 1992 when the group acquired a 30% stake in Hong Kong Daily News, tapping into publishing and content distribution. By 1999, Emperor founded Emperor Entertainment Group to manage artist development and music production, followed by the launch of Emperor Motion Pictures in 2000 to produce and distribute films, solidifying its presence in the entertainment industry. Key expansions in the further diversified the portfolio, particularly in hospitality and luxury retail. In 2006, the Grand Emperor Hotel opened in downtown , offering luxury accommodations and enhancing the group's regional footprint in tourism-driven markets. The watches and jewellery division saw significant revenue growth, reporting HK$4,095.3 million in 2010, a 52.4% increase from the previous year, fueled by expansion into and demand from tourists. This period also featured initial public offerings (IPOs) of subsidiaries to raise capital and unlock value, including Emperor Capital Group Ltd. in 2007 (Stock Code: 717) for and Emperor Watch & Jewellery Ltd. in 2008 (Stock Code: 887). By the early , these efforts had built a robust property portfolio, with Emperor International Holdings valuing its investment properties at approximately HK$20 billion following revaluations in 2011, reflecting strategic acquisitions and developments in and . The IPOs and expansions not only diversified risk but also contributed to the group's overall scale, with subsidiaries like Emperor Culture Group Limited listing in 2016 (Stock Code: 491) to support ongoing entertainment growth.

Recent developments and challenges

The severely disrupted Emperor Group's entertainment and hospitality divisions starting in early 2020, leading to operational closures and financial strain across its Macau casino operations and Hong Kong cinemas. In response to the outbreak, Emperor Entertainment Hotel Limited, a key subsidiary, temporarily ceased its satellite business at Grand Emperor Hotel in effective June 2022 due to pandemic-induced difficulties, resulting in a 51.4% year-on-year drop to HK$108.6 million for the six months ended September 2022. Operations later resumed under an extended agreement, but the hospitality sector faced prolonged low occupancy rates and travel restrictions, exacerbating losses in hotel . To adapt, the group undertook renovations in its entertainment assets, such as the UA Cine Times cinema at in , which was extensively refurbished and reopened as Emperor Cinemas @ Times Square on December 9, 2021, with an increased of 917. In 2024 and 2025, Emperor Group pursued asset sales and disposals to manage liquidity amid ongoing market pressures in Hong Kong's property sector. For instance, Emperor International Holdings Limited, a major property arm, agreed in October 2025 to sell a London property for HK$229.4 million, marking a strategic divestment to streamline its portfolio. Additionally, the group announced the disposal of its entire equity interest in a target company as part of broader restructuring efforts. These moves reflect efforts to reduce exposure to underperforming assets in a challenging real estate environment. In October 2025, Emperor Entertainment Hotel terminated its gaming operations agreement with SJM Resorts, S.A., effective October 31, 2025, ending satellite casino activities at Grand Emperor Hotel as part of Macau's gaming restructuring. A significant challenge emerged in Emperor International Holdings' debt profile, with HK$16.6 billion in overdue loans reported as of March 31, 2025, contributing to a full-year net loss of HK$4.74 billion for the fiscal year ended March 2025—more than double the prior year's HK$2.04 billion loss. This crisis, tied to Hong Kong's property slump and rising interest rates, led to potential immediate repayment demands and a 16% share price drop on June 30, 2025. In August 2025, the company secured support from a coordination of s to extend approximately HK$16.5 billion in overdue loans until July 31, 2027, after offering HK$77 million in cash incentives, providing temporary relief but highlighting ongoing vulnerabilities. Amid these difficulties, Emperor Group achieved positive milestones, including recognition for sustainability efforts. In June 2025, Emperor Properties was honored in the Hubexo Asia Awards 2025 as one of Hong Kong's Top 10 Developers for pioneering sustainable property development. Furthermore, in January 2025, the group aligned its hospitality strategies with the Hong Kong government's Development Blueprint for Hong Kong's Tourism Industry 2.0, which aims to enhance the city's role as a world-class destination through innovation and community-driven growth, supporting recovery in its entertainment and hotel segments.

Corporate structure

Stock exchange listings

Emperor Group maintains a presence on the through seven key publicly traded subsidiaries, each focusing on distinct sectors within the conglomerate's diversified portfolio. These listings provide the group with access to public capital markets and reflect its operational scale across , , retail, , , , and consumer goods. As of November 2025, the combined of these entities approximates HK$5 billion, underscoring the group's market valuation despite sector-specific volatilities. The primary listed subsidiaries include:
SubsidiaryStock CodePrimary FocusListing DateMarket Capitalization (November 2025, HKD)
Emperor International Holdings Limited163Real estate investment and property development18 June 19911.14 billion
Emperor Capital Group Limited717Financial services, including brokerage and asset management24 April 2007721 million
Emperor Watch and Jewellery Limited887Retail of luxury watches and fine jewellery21 July 20082.14 billion
Emperor Culture Group Limited491Entertainment, media, and cultural development, including film production and cinema operations10 June 1992 (as predecessor See Corporation)112 million
Emperor Entertainment Hotel Limited296Hospitality and gaming services10 November 1994315 million
New Media Lab Limited1284Digital advertising solutions and media services17 July 2023231 million
Ulferts International Limited1711Retailing of upmarket European furniture29 January 201871 million
These listings have experienced varied performance, influenced by broader economic conditions and group-specific events. For instance, Emperor International Holdings' shares plunged approximately 16% on 30 June 2025 following the disclosure of HK$16.6 billion in overdue bank loans and covenant breaches, highlighting pressures in the sector that impacted the subsidiary's valuation and, by extension, perceptions of the group's overall financial health. Despite such fluctuations, the diversified listings enable Emperor Group to leverage public markets for funding while distributing risk across sectors, contributing to a resilient aggregate valuation amid Hong Kong's challenging and retail environments.

Ownership and governance

Emperor Group operates as a family-controlled conglomerate, with Dr. serving as the controlling shareholder through personal holdings and trusts such as the . This structure ensures centralized decision-making while leveraging family oversight across its diverse operations. Dr. Yeung, the founder and chairman, maintains majority influence without holding formal corporate offices in all subsidiaries, allowing for strategic guidance at the group level. The board at the group level is led by Dr. Albert Yeung as chairman and his son, Mr. Alexander Yeung Ching Loong, as vice chairman, appointed in May 2022 to support ongoing leadership continuity. Subsidiary boards, such as those of Emperor Capital Group Limited and Emperor International Holdings Limited, feature a mix of executive directors (including family members like Ms. Daisy Yeung as chairperson of Emperor Capital), non-executive directors, and independent non-executive directors to promote balanced oversight. These boards establish key committees, including audit committees for financial reporting and oversight, remuneration committees for director compensation policies, and committees for board appointments, all comprising independent members where required. Governance practices emphasize compliance with the Limited (HKEX) Code, with listed subsidiaries maintaining departments and committees to monitor adherence and . The group integrates initiatives into its framework, prioritizing environmental, social, and governance (ESG) factors through annual ESG reports, green action programs, and support for community efforts like those via the Emperor Group Foundation. is evident in the active involvement of the next generation, with Mr. Alexander Yeung's elevation to vice chairman signaling a structured transition to maintain family stewardship.

Business divisions

Financial services

Emperor Capital Group Limited serves as the flagship entity for Emperor Group's operations, functioning as an investment holding company that delivers a broad spectrum of financial products and advisory services primarily in , with extensions to the and other international markets. Established in , it specializes in securities brokerage, enabling global trading in equities and futures, including on financial indices, precious metals, foreign currencies, commodities, interest rates, and energy products. The group also provides and solutions, tailored for high-net-worth individuals and institutional clients, alongside advisory services that assist listed issuers with mergers, acquisitions, and capital raising. Additional offerings include margin financing, money lending for commercial and personal purposes, and mortgages, all underpinned by a focus on and client-centric strategies. In the six months ended 31 March 2025, Emperor Capital Group's financial performance reflected robust growth in core segments, with reaching HK$402.6 million, a 117% increase from HK$185.4 million in the prior year period. The wealth solutions segment drove this expansion, generating HK$297.6 million in revenue—up 463% year-over-year—fueled by heightened demand under Hong Kong's Capital Investment Entrant Scheme, while the financing segment contributed HK$100.5 million despite a 22% decline due to conservative credit practices amid market volatility. advisory yielded HK$4.5 million, marking a modest 14% rise. Net profit attributable to owners stood at HK$56.1 million, a 35% improvement, with basic at HK0.83 cent. As of 31 March 2025, the group's liquidity remained strong, with bank balances, cash, and pledged bank deposits totaling HK$2,072.8 million, up from HK$1,520.8 million at the end of September 2024. Emperor Capital Group maintains strict regulatory compliance as a licensed under the Hong Kong Securities and Futures Commission (SFC), with subsidiaries such as Emperor Securities Limited authorized for Type 1 (dealing in securities) and Type 4 (advising on securities) regulated activities, and the recently acquired Crosby Securities Limited holding licenses for Types 1, 4, 6 (advising on ), and 9 (). This framework ensures adherence to anti-money laundering standards and investor protection measures, positioning the group as a recognized player in Hong Kong's competitive landscape, where it holds a notable presence in brokerage and advisory amid a market dominated by larger institutions.

Watches and jewellery

Emperor Watch and Jewellery Limited serves as the primary subsidiary overseeing the Emperor Group's luxury watches and operations, originating from a small watch shop established in 1942. This division focuses on retailing high-end timepieces and fine , positioning itself as a key player in the premium consumer goods market across . The company distributes a portfolio of renowned international watch brands, including Rolex, Omega, Piaget, Patek Philippe, and Cartier, through authorized boutiques and multi-brand outlets. These partnerships enable exclusive access to prestigious collections, such as Rolex's Oyster Perpetual and Omega's Seamaster lines, catering to affluent clientele seeking precision craftsmanship and heritage value. As of December 31, 2024, the retail network comprises 82 stores, with 31 in , 8 in , and 34 in , alongside additional outlets in and . This footprint supports targeted in high-growth regions, emphasizing flagship locations in prime urban districts for enhanced . The division has demonstrated robust historical growth, exemplified by a 52.4% increase to HK$4,095.3 million in 2010 from HK$2,686.5 million in 2009, driven by expanded brand offerings and store openings. More recently, reached HK$5,230.3 million in 2024, reflecting an 8.4% year-over-year rise amid recovering luxury demand in . This performance underscores the company's strong market positioning in the competitive luxury retail sector, bolstered by strategic adaptations to economic fluctuations. In addition to watch distribution, Emperor Watch and Jewellery has expanded into proprietary jewellery design under its "Emperor Jewellery" brand, featuring collections like "Antique Gold" and "Dashing Aura" that blend traditional motifs with modern aesthetics for wedding and gifting segments. The company has also embraced , integrating sales channels on platforms such as HKTVmall, , and , alongside its official website to reach younger demographics and broaden accessibility. These initiatives enhance the division's resilience and innovation in the evolving luxury market.

Property development

Emperor International Holdings Limited serves as the primary vehicle for the Emperor Group's investment, development, and management activities, focusing on both commercial and residential projects primarily in and . The company's portfolio encompasses a diverse range of assets, including office buildings, shopping malls, hotels, industrial , and residential developments, spanning over 5.4 million square feet in prime locations across these regions. Notable holdings include commercial like China Huarong Tower in and retail spaces integrated with residential elements, generating stable rental income while supporting urban redevelopment initiatives. In recent years, Emperor International has pursued strategic asset disposals to optimize its portfolio and improve liquidity. For instance, in July 2024, a disposed of the entire equity interest in Accurate Choice Group, involving industrial units in and various investment properties in , for a total consideration of HK$1,142.4 million. These actions align with efforts to streamline operations amid the group's overall debt challenges. The company has also emphasized in its developments, earning recognition for innovative practices. In September 2025, Emperor Properties, a key affiliate, received the "Hong Kong Top 10 Property Developers" award at the Hubexo Awards 2025, highlighting its commitment to sustainable growth and in project design and execution. To address financial pressures, Emperor International secured extensions for approximately HK$16.5 billion in overdue loans from a of banks in August 2025, providing breathing room for ongoing restructuring.

Entertainment

Emperor Motion Pictures (EMP), established in 2000, serves as the primary film production and distribution arm of the Emperor Group, specializing in the creation, sales, and global distribution of feature films. Initially focused on Hong Kong cinema, EMP has expanded to co-produce and distribute international titles, including blockbusters such as Now You See Me and the Hunger Games franchise. Historical hits from EMP include The Medallion (2003), a action thriller starring Jackie Chan that achieved commercial success in Asian markets, and Operation Red Sea (2018), a military drama that became one of Hong Kong's top-grossing films at the time. More recent releases, such as 77 Heartbreaks (2017), a romantic comedy that resonated with local audiences, and The Last Dance (2024), which emerged as the highest-grossing Hong Kong film ever with approximately HK$142 million in box office earnings, underscore EMP's ongoing influence in the industry. Complementing film efforts, the Emperor Entertainment Group (EEG), founded in 1999, handles music production, artist management, and concert organization, managing a roster of prominent and talents. Key artists under EEG include , a veteran singer-actor known for multi-platinum albums and film roles; , a multiple award-winning vocalist with hits spanning over two decades; and the duo Twins, whose debut in the early revitalized teen idol culture in . Other notable figures encompass , , , , and Vincy Yeung, many of whom have received prestigious accolades like the and contributed to EEG's concert productions, such as high-profile arena tours that draw tens of thousands of attendees. EEG's music division supports these artists by distributing albums and soundtracks, often tying into EMP films for synergistic releases. Emperor Cinemas, launched as a premium cinema in collaboration with EMP and EEG, operates multiple multiplexes across and , emphasizing luxury seating, gourmet concessions, and advanced screening technologies to enhance the viewing experience. A significant expansion came with the renovation and reopening of the former UA Cine Times Square location, which shuttered in March 2021 amid industry challenges but relaunched as Emperor Cinemas @ Times Square on December 9, 2021, featuring five auditoriums with a total capacity of 917 seats. This upgrade included modernized interiors and improved acoustics, positioning it as a venue for screening EMP productions and EEG-promoted events. The 's operations extend to locations like Emperor Cinemas and those in Macau's Lisboeta complex, contributing to the group's exhibition footprint. The entertainment divisions integrate closely with Emperor Group's broader media ecosystem for cross-promotion, utilizing publications like Oriental Sunday—acquired in —to feature exclusive coverage of EEG artists and EMP films, amplifying reach through print and digital channels. This synergy, evident in coordinated campaigns for releases like The Last Dance, fosters audience engagement across platforms while leveraging the group's diversified assets for event tie-ins, such as artist appearances at cinema premieres.

Hospitality

Emperor Entertainment Hotel Limited, a of Emperor Group, oversees the group's operations, managing a portfolio of hotels and serviced apartments primarily in and . The flagship property, Grand Emperor Hotel in downtown , opened in 2006 and features 311 luxury rooms, along with facilities such as a , sauna, and multiple restaurants and bars. Other key assets include the Emperor Hotel in with 299 rooms, the Inn Hotel in with 286 rooms, and recent additions like The Unit Soho serviced apartments in , which opened in August 2024. The division provides high-end accommodations tailored for leisure and business travelers, emphasizing comfort and convenience in prime urban locations. Services extend to event hosting through versatile meeting spaces and concierge support, while past integrations with gaming facilities at properties like Grand Emperor Hotel contributed to a comprehensive resort experience until the cessation of gaming operations on October 31, 2025, in line with Macau's regulatory shifts. Post-pandemic, the group has adapted by enhancing non-gaming amenities and leveraging rising visitor numbers, supported by policies like mainland China's multiple-entry visa permits effective January 1, 2025, which have boosted occupancy and demand. Emperor's hospitality efforts align with the Hong Kong government's Development Blueprint for Hong Kong's Tourism Industry 2.0, released in December 2024, which promotes innovation, sustainable growth, and high-value tourism through measures like mega-event hosting and infrastructure enhancements such as the opened in March 2025. These initiatives have aided recovery by attracting more international and domestic tourists, benefiting properties in both and the neighboring market. For the ended March 31, 2025, the division generated HK$331.4 million in revenue from operations and apartment leasing, representing 39.6% of the subsidiary's of HK$837.0 million, with integrated resort contributions previously driving growth amid rebound. Ongoing adaptations focus on diversification into wellness and cultural experiences to sustain expansion in a competitive regional landscape.

Media and other ventures

The Emperor Group's media operations encompass digital publishing and advertising, with a focus on lifestyle, , and economic content tailored to audiences. Through its subsidiary New Media Lab Limited (stock code: 1284), the group provides integrated digital advertising solutions, while Emperor Culture Group Limited (stock code: 491) supports media initiatives alongside cultural development. The portfolio includes nine prominent brands such as Weekend Weekly, Oriental Sunday, Economic Digest, New Monday, More, GOtrip, and Sunday Kiss, which deliver weekly magazines, travel guides, and features. These outlets often interconnect with the group's division by promoting artists, films, and events, enhancing cross-promotional synergies. Earlier stakes in traditional print media, such as a 30% acquisition of Hong Kong Daily News in 1992, contributed to the group's legacy until the newspaper ceased operations in 2015 due to competitive pressures from free news sources and digital shifts. In the furniture sector, Emperor Group operates through Ulferts International Limited (stock code: 1711), established in 1975 as a retailer of premium European-style furnishings. Ulferts maintains multiple showrooms across , offering a curated selection of sofas, mattresses, and home accessories to cater to urban lifestyles. Key sub-brands include Ulfenbo, specializing in and upholstery wholesale and retail; at.home, focusing on compact, stylish furniture for modern apartments; and , which delivers bespoke designs for residential and commercial spaces. These ventures emphasize quality sourcing from global suppliers to align with the group's broader lifestyle enhancement goals. The group's food and beverage interests feature notable brands, primarily integrated into its hospitality ecosystem but extending to standalone culinary experiences. A prime example is Golden Valley, a Cantonese-Sichuan fusion renowned for and spicy dishes, which has held one star since 2011. This outlet highlights the group's commitment to award-winning , blending traditional techniques with innovative flavors to attract discerning diners. Emperor Group's esports division, Emperor Esports Stars (EES), launched in 2017 under the Emperor Entertainment Group banner, fosters professional gaming teams and events to bolster Hong Kong's digital sports scene. EES manages squads like G-REX in PUBG and , with achievements including international tournament participations and player development programs. In 2018, the organization expanded its PUBG roster by signing four professional players, underscoring its investment in competitive talent. These efforts promote healthy gaming culture while tying into media coverage for broader visibility. Complementing these, the group's co-working initiatives include , introduced in 2017 at Emperor Group Centre in as a hub for startups and creatives. This space offers flexible options like hot desks, dedicated desks, and private offices, alongside community-building resources to support entrepreneurial growth in fields such as design and technology. As of 2025, continues to operate, providing tailored memberships and networking opportunities in a vibrant, central location.

References

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