Cheng Yu Tung Quotes

101 Cheng Yu Tung Quotes

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Historians will record 1998 as a time when the impossible happened in Asia.
Cheng Yu Tung

[In 1998] Corporations that navigate through these rough times will prosper as the region inevitably enters a new era of prosperity.
Cheng Yu Tung

[In 1998] We are in the process of creating a group that has a broader business mix, better quality income streams and a stronger balance sheet. In doing so, our risk profile is spread out and we can better explore the growth potential across our five core businesses – property, hotels, infrastructure, services and telecommunications.
Cheng Yu Tung

It is equally important that diversification is an ongoing process.
Cheng Yu Tung

[In 1998] Diversification does not mean that we have lost confidence in the long term prospects of the property market. Just the contrary is true.
Cheng Yu Tung

[In 1998] 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

[In 2009] People need to buy homes.
Cheng Yu Tung

[In 1997] Our investment in more than 100 projects in China’s property, infrastructure and other sectors makes us one of the country’s largest investors.
Cheng Yu Tung

[In 1997] Our road to success has included its shares of ups and downs, as we have had to cope with the often volatile nature of our chosen fields of specialisation. Yet, thanks to the strong foundations established by the dedication and hard work of our employees, we have always been able to weather the storms.
Cheng Yu Tung

[In 1997 on the 25 anniversary of the listing of New World] Throughout this quarter of a century, the entrepreneurial outlook, versatility and vision of our employees have remained the crucial elements of our success…
Cheng Yu Tung

[In 1996] Management will endeavour to actively encourage staff to broaden their experiences and job knowledge for extensive application in the process of improving the Group’s operational and competitive performance. Combined with our strengths in both entrepreneurial spirit and managerial professionalism, this would result in the creation of a leading edge honed in a relentless drive for operational excellence in the Group’s future pursuits.
Cheng Yu Tung

[In 1995] The group has continued to dedicate itself to its core businesses in property, infrastructure development, hotel operations and telecommunications. As for our operations in China, we expect to reap good returns from the investments in infrastructure, government housing and city core redevelopment projects as time goes by. Our strategic foothold in telecommunications will allow us to become an important player in the telecom industry.
Cheng Yu Tung

[In 1992] The Group is well positioned to meet the challenges ahead and will as ever continue to pursue higher growth.
Cheng Yu Tung

[In 1991] We will as ever continue to pursue growth opportunities that will further enhance our ability to capitalize on the investment opportunities and to face the challenges ahead.
Cheng Yu Tung

[In 1990] The Group has not been deterred by any negative sentiment and will as ever respond to the challenges and opportunities ahead of us with the same spirit of caution, flexibility, determination and dynamism, which have brought much success to us in the past.
Cheng Yu Tung

[In 1989] 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

[In 1988 in discussing hotel investment] 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

[In 1987] The concept of serviced apartments makes economic sense for tenancies of short to medium term duration – a fact many leading Hong Kong and overseas corporations now appreciate.
Cheng Yu Tung

[In 1987] Thee may be some concern about rising inflation, shortage of labour and increased trade protectionism but the economy is generally in good shape.
Cheng Yu Tung

[In 1987] Despite the recent volatility of the stock market, economic and political confidence still prevails in Hong Kong.
Cheng Yu Tung

To lead a meaningful life, one must build trust with others. To enjoy peace, a nation must win the confidence and support of its people. To achieve stable growth, an enterprise must live up to its conviction.
Cheng Yu Tung

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