- Business
- Lai Sun Development Company Limited is a Hong Kong-based investment holding company principally engaged in property development and investment, hotel operations, restaurant and food & beverage sales, media and entertainment, film and television production, cinema operations, theme park operations, and other diversified activities. The company develops and sells commercial properties, residential properties, car parking spaces, and hotels including projects such as the Ocean Hotel and Ma Tau Kok; invests in commercial properties, offices, and car parking spaces for rental income including Cheung Sha Wan Plaza, Causeway Bay Plaza 2, and Lai Sun Commercial Centre; operates hotels such as the Caravelle Hotel in Ho Chi Minh City, Vietnam, and provides related consultancy services; runs restaurants in Mainland China and Hong Kong including Wagyu Kaiseki Den and Opera BOMBANA as well as food and beverage product sales; offers artist management, album sales, music and film rights distribution and licensing, and gaming product trading; produces, licenses, and distributes television programs, films, and video products with related advertising services; manages cinemas in Hong Kong and Mainland China; operates theme parks; and provides property management, leasing agency, building services, luxury yacht brokerage, and concert production. Lai Sun Development conducts operations in Hong Kong, Mainland China, Macau, Vietnam, the United Kingdom, and other international markets; it was incorporated in 1959 and is headquartered at 11th Floor, Lai Sun Commercial Centre, 680 Cheung Sha Wan Road, Kowloon, Hong Kong, as a subsidiary of Lai Sun Garment (International) Limited. Recent developments include ongoing discussions with potential buyers for proposed sales transactions involving Lai Sun Garments and Lai Sun Development as of November 2025, alongside exploration of asset sales such as its stake in the CCB Tower in mid-2025 amid debt pressures.