Quotees Archive

Hong Kong has gone through countless difficult moments in the past. Our belief in our abilities and our determination to work for a better future have helped us overcome all obstacles.

- Cheng Yu-tung

Hong Kong has gone through many ups and downs in the past. Unavoidably, one needs to go through the lowest point before reaching the peak again.

- Cheng Yu-tung

Hong Kong has, throughout it’s history, experienced periods of uncertainties… I believe that the virtues of Hong Kong people – diligent, flexible and entrepreneurial – will once again overcome the obstacles before us.

- Cheng Yu-tung

Hong Kong’s history of success is built on its flexibility in the ever-changing global economy.

- Cheng Yu-tung

However old or young, have a mindset that enables us to capture all the opportunities that changes in the world are bringing to us.

- Cheng Yu-tung

In 1973 when the Hong Kong stock market witnessed an unprecedented slump with the Hang Seng Index plunging by over 90% in a year, the Group built the New World Centre in Tsim Sha Tsui, Hong Kong through the acquisition of Holt’s Wharf. In doing so we broke the dominance of the UK-based conglomerates and, as if [being given] a shot in the arm, initiated the course of weaving the companies with Chinese capital into the economic fabric of Hong Kong.

- Cheng Yu-tung

In 1984, the Sino-British talks on the future of Hong Kong triggered a confidence crisis. Daunted by the uncertainties over the colony’s future, most developers shied away from construction projects that took considerable time to complete. In that year the Group recognized what the community needed and actively responded to the government’s call for a landmark convention and exhibition venue of international standard to be built in Hong Kong. The Group turned out to be the only developer willing to take financial and operating risks on a long-term basis, thereby laying a solid foundation for Hong Kong to host international conventions and exhibitions. Coupled with its excellent services, Hong Kong soon secured world-wide recognition as an ideal spot of conferences and exhibitions.

- Cheng Yu-tung

It has been almost a decade since the handover of Hong Kong in 1997. Hong Kong has gone through both good times and bad times. During the past decade, Hong Kong has undoubtedly played an increasingly important role in the economic development of China.

- Cheng Yu-tung

Management always bears in mind to ‘lend a hand’ to Hong Kong and Mainland China while we are working hard for shareholders’ benefits.

- Cheng Yu-tung

Maintain a pragmatic approach, keep up with the multitude of trials and strive to remain its level of attainment in order for achieving sound performance and scaling new heights.

- Cheng Yu-tung

Like biological evolution, ‘survival of the fittest’ during the course of reformation is to adapt to changes in the surrounding environment and make changes accordingly.

- Cheng Yu-tung

Let us work together to take Hong Kong to new heights.

- Cheng Yu-tung

It takes a decade to grow trees but a century to nurture human beings.

- Cheng Yu-tung

It is very likely that Hong Kong has reached the end of the tunnel and the bright sunshine is not far from us.

- Cheng Yu-tung

It is important that all of us, however old or young, have a mindset that enables us to capture all the opportunities that changes in the world are bringing to us. A mindset that is characterized by creativity and initiative, harnessed by focus and discipline. In our company, this mindset is requisite and indelible.

- Cheng Yu-tung

It is equally important that diversification is an ongoing process.

- Cheng Yu-tung

In the face of challenging economic and market conditions of the past 12 months, our diversified portfolio of multiple earnings streams has served us well.

- Cheng Yu-tung

Great foresight is required to run a multinational corporation. A magnificent blueprint, a loyal team and a well-coordinated organization are the three indispensable factors, and the same applies from ruling a country to maintaining a family.

- Cheng Yu-tung

At the age of 30, one can overcome difficulties. By the age of 40, one has thorough appreciation of and insights into the world and becomes firmly self-assured without being carried away by all those irregularities in life.

- Cheng Yu-tung

Backed by our conviction, we remain committed to investing wholeheartedly to improve the people’s living conditions, regardless of all uncertainties.

- Cheng Yu-tung

Challenges will present us a good opportunity to improve productivity.

- Cheng Yu-tung

Change means opportunity for those with the experience and confidence to look to the future.

- Cheng Yu-tung

China is likely to sustain its pace of economic growth for the next decade.

- Cheng Yu-tung

China is the new horizon.

- Cheng Yu-tung

China remains a market with unprecedented potential.

- Cheng Yu-tung

China’s open-door policy, the favourable local exchange rates, the growing affluence and changing lifestyles in South Asian countries and burgeoning economic activities in the Asia-Pacific Rim are all conducive factors to the continuing tourism boom.

- Cheng Yu-tung

Corporations that navigate through these rough times will prosper as the region inevitably enters a new era of prosperity.

- Cheng Yu-tung

Despite the recent volatility of the stock market, economic and political confidence still prevails in Hong Kong.

- Cheng Yu-tung

Diversification does not mean that we have lost confidence in the long term prospects of the property market. Just the contrary is true.One year after the hand-over of Hong Kong to Chinese sovereignty, the people in Hong Kong and around the world have witnessed the successful implementation of the ‘One Country, Two System.’

- Cheng Yu-tung

Diversity meets adversity.

- Cheng Yu-tung

Do you know of the water and the moon? The river flows endlessly, yet it never disappears. The moon waxes and wanes, yet it never grows bigger or smaller. Therefore, if you look in the eyes of change, everything in this world changes in an instant. But if you look in the eyes of stability, everything in the world, including humanity, is eternal. Dozens of worlds have demonstrated precisely the truth of the changing universe. The changes of the water and the moon happen on their appearances, but never on their physical natures. Therefore, whether changes happen depends on people’s mind and view. Since nothing remains permanent in the world, change is just the eternal fact.

- Cheng Yu-tung

Economic cycles are just like riding on a Ferris wheel.

- Cheng Yu-tung

Economic cycles come and go…

- Cheng Yu-tung

Entrepreneurial skills and ability for sheer hard work will help Hong Kong re-orient its economy for future growth through a broad variety of strong and promising businesses.

- Cheng Yu-tung

Facing a market which awaited exploration and development, the Group decided to become a pioneer in its economic reform by taking up the responsibility to engage in the development of the Mainland.

- Cheng Yu-tung

From the economic slowdown after the financial crisis in 1997 through the economic boom in 2007, the motherland has been supporting Hong Kong in recovering from adversity; on the other hand, Hong Kong has been actively cooperating with the motherland in going international.

- Cheng Yu-tung

Heroes always come from young people.

- Cheng Yu-tung

A magnificent blueprint, a loyal team and a well-coordinated organization… the same applies from ruling a country to maintaining a family.

- Cheng Yu-tung

Apart from consolidating our position as a major property developer in Hong Kong, we have also been diversifying into other activities such as hotel businesses, construction and engineering, container terminal services and television industry…

- Cheng Yu-tung

An enterprise shall take care of the people’s livelihood, through thick and thin…

- Cheng Yu-tung

An enterprise shall help the people overcome all difficulties to savor the fruit to be borne on the motherland, come rain or shine.

- Cheng Yu-tung

After its return to China, Hong Kong has become an inseparable part of this large country by exerting its business strengths to become a vital member of the country and developing its four pillar industries, namely finance, commerce, shipping and professional services.

- Cheng Yu-tung