Shun Tak Holdings Limited is a leading listed conglomerate with core businesses in property, transportation, hospitality and investment sectors. Established in 1972, the Company (HKSE 242) has been listed on the Hong Kong Stock Exchange since 1973.
The Group’s origin dates back to 1962 with the inauguration of a passenger ferry service between Hong Kong and Macau. In a strategic move in 1999 to strengthen its shipping business and expand its market share, the Group successfully merged its shipping operation with that of China Travel International Investment Hong Kong Limited to create a combined entity under the brand name “TurboJET”. TurboJET, operated and managed by Shun Tak – China Travel Shipping Investments Limited and its subsidiaries, offers passengers speedy, reliable and comfortable sea travel services across major destinations within the Pearl River Delta (“PRD”), developing a well-connected sea transportation network linking major cities and airports in the region such as Hong Kong, Macau, Zhuhai, Shenzhen and Shekou.
In 2003, TurboJET launched “TurboJET Airport Routes” (previously known as “TurboJET Sea Express”), a unique inter-regional multimodal connection of air-sea network comprising a ferry service that links major international airports in the PRD. The bonded service connects air transit passengers of the Hong Kong International Airport with Macau and various destinations in the PRD region, further strengthening connectivity amongst PRD cities and world destinations.
In line with Macau Government’s tourism policy for new tourism products, the Group launched ‘Macau Cruise’ in 2018, leveraging our profound experience in passenger sea travel and understanding of regional tourism trends to further diversify the tourism experience in Macau. It provides customised cruise services in specially liveried tour ferries around the coastline of Macau and Hengqin, taking in some of the most spectacular sights of the city and vicinity.
In July 2020, the Group completed an important shareholding restructure exercise in association with China Travel International Investment Hong Kong Limited (“CTII”). As a result, Shun Tak-China Travel Shipping Investments Ltd became a 50/50 owned company, taking the twenty years’ partnership further with the vision of solidifying a multi-modal transportation platform in Greater Bay Area and sharing resources and experiences in cross border sea and land transportation industries in order to capitalize upon surging traffic flow within the region.
In supporting the National Government’s initiative to enhance the connectivity and integration within the Greater Bay Area, the division hascooperated with veteran cross-boundary land transport operators to participate in the operation of “Hong Kong-Zhuhai-Macau Bridge Shuttle Bus” services, popularly known as “Golden Bus”, and also the “HK-MO Express”, “TurboJET Cross Border Limo”, and “Macau HK Airport Direct” services, a strategic move to further strengthen our multi-modal transportation platform with expanded cross boundary land transportation services across the Bridge.