Cheng Kei Group and Upper Point Signs Leasing Agreement for Zhuhai's Cheung Kei Commercial Building

2018.06.30

June 26, 2018, Cheng Kei Group signed a leasing agreement of Cheung Kei Commercial Building in Zhuhai with Upper Point (Shenzhen) Limited ("Upper Point"). The building will be rented and operated by the Upper Point. Cheung Kei Group Chairman Dr. Chen Hongtian, CPPCC member and Justice of the Peace of Hong Kong, Chen Xiaoxia, Executive Vice President of Cheung Kei Group, Fan Rongzhang, Chairman of Upper Point as well as Zhou Xia, Managing Director of Upper Point attended the signing ceremony.

The signing ceremony

Zhuhai's Cheung Kei Commercial Building is invested, developed and owned by the Group. Located on the main traffic thoroughfare Jinwan Road, Zhuhai Avenue, the building is a 12-storey tower with a total building floor area of 50,000 square meters. The building, combining a commercial district and world-class sea view, would be a premium, modern city-commercial complex in Jinwan District.

Under the Guangdong - Hong Kong - Macau Bay Area strategy, Zhuhai's Jinwan District is presented with unprecedented opportunities for development. With constant advancement in software and hardware as well as a growing pool of excellent enterprises and talents, Jinwan District is laying a solid foundation to position itself as the sub-centre of Zhuhai. Cheung Kei Commercial Building, supported by Jinwan's industries, transportation and development, will build a new image of the district to foster a commercial culture and optimize its functions.  

Upper Point is planning to transform the commercial district of Cheung Kei Commercial Building in Zhuhai into an innovation incubator and an international smart city to facilitate the development of Zhuhai's internationally innovative and cultural industries.

Cheung Kei Commercial Building in Zhuhai (rendered image)

Founded in 1990, Cheung Kei Group, headquartered in both Hong Kong and Shenzhen for overseas and domestic investments businesses respectively, is an internationalized investment holding group with the paradigm in value investment, commercial civilization and long-term holdings of diversified assets. The Group focuses on the investments and acquisition of premium corporation shareholding in capital market, high-quality property inglobal core economies as well as financial assets. It has developed a double-wheel strategy called "Investment-Operation". As of today, the Group has wholly-owned assets such as land, office buildings, hotels, commercial, and mining across the world, including Hong Kong, London, Shanghai, Shenzhen, Europe and Southeast Asia. It also has substantial shareholdings of superior corporations as well as financial assets of fund, bond and stocks.

Upper Point (Shenzhen) Limited, the largest incubator of tech enterprises, is a platform for young people from Hong Kong, Macau and Taiwan to put their innovative and entrepreneurial ideas into action. To keep pace with the Greater Bay Area initiative and "Mass Entrepreneurship andInnovation", Upper Point is striving to facilitate Shenzhen-Hong Kong collaboration and integration. Headquartered in Luohu, Shenzhen, with offices in Nansan, Sheung Wan and Central of Hong Kong, Upper Point offers diversified full service to live the entrepreneurial dreams and support the development of enterprises.