Sun Hung Kai (0016.HK) is one of the most successful real estate developers in China, but its stock price has been rocked by an ongoing family feud.
The company’s board of directors just voted unanimously to remove Walter Kwok as the CEO and this should clear the way for SHK to return to its old form of making money like mad.
Sun Hung Kas is one of the companies that I will be visiting next week while I am in China.
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