• HWL sells its trading subsidiary John D Hutchison and engineering subsidiary Hutchison-Boag Engineering to focus on core businesses.

  • HWL, in partnership with Cable & Wireless plc and CITIC, successfully launches AsiaSat 1, Asia's first domestic communications satellite.

  • Hutchvision Limited, a joint venture with Mr Li Ka-shing and family, is established to launch and operate a pan-Asian multi-channel satellite television service.

  • Metro Broadcast is awarded a licence to operate Hong Kong's second commercial radio station.

  • HIT's Terminal 7 is opened, uniting all HIT's terminals (4, 6 and 7) into one integrated facility.

  • Phase One of the Group's South Horizons development at Ap Lei Chau is completed on schedule.

  • Hongkong Electric completes its transfer of generating units to the new power station at Lamma island. The company also celebrates 100 years of supplying electricity to Hong Kong Island.

  • Fortress joins the A.S. Watson Group.