The Group engaged in property business in 1983 when it participated, as a minority shareholder, in two Private Sector Participation Schemes of the Hong Kong Housing Authority namely Tai Po Centre and Richland Gardens. With the experience acquired from these projects, the Group began its own property development activities in Hong Kong and the mainland China, for both investment and sale purposes. Some notable projects included First Pacific Bank Centre, Manulife Tower, Central Plaza, the Beachside in Hong Kong; and Jin Ming Building, Shanghai Square, Gateway Plaza in Shanghai.
The public profile of the Group was further enhanced with the listing of the company's shares on Hong Kong Stock Exchange on 24th September, 1992. Over the years, Ryoden Development Limited has established a strong presence both in Hong Kong and in the mainland China. The principal activities of the Group include property investment and development, property agency and management, and project management. The Group was privatised in 2002.
Dr. Fa-kuang HU, GBM, GBS, CBE, JP, BSc, FHKIE, is the founder and Honorary Chairman of the Group. Dr. Hu was a Hong Kong Affairs Advisor during 1992 - 1997 and a member of the Chinese People's Political Consultative Conference during 1993 - 2003. He is the father of Messrs. Herman Shao-ming Hu and Raymond Liang-ming Hu.
Mr. Raymond Liang-ming HU, BA, MBA, is the Deputy Chairman and Managing Director of the Group. Mr. Hu has extensive experience in property development and investment.
Mr. Herman Shao-ming HU, SBS, JP, BSc, FCIBSE, FHKIE, MIEEE, C. Eng., is the Chairman of the Group. Mr. Hu is
Deputy of the 12th National Peopleˇ¦s Congress of the Peopleˇ¦s Republic of China
Vice President of the Sports Federation & Olympic Committee of Hong Kong, China
Member of Council on Human Reproductive Technology
President of Hong Kong Shanxi Chamber of Commerce
Independent Non-executive Director of i-CABLE Communications Limited
Honorary Court Member of Hong Kong University of Science & Technology
Vice Patron of The Community Chest of Hong Kong