Lai Fung Holdings Limited (Lai Fung) is a Hong Kong-based investment holding company. The Company is engaged in investment and development of serviced apartments, residential, office and commercial properties in China. The Company operates in two business segments: property development, which is engaged in the development of properties in Mainland China for sale, and property investment, which invests in serviced apartments, as well as commercial and office buildings in Mainland China for their rental income. As of July 31, 2011, the Company�s main properties included Shanghai Hong Kong Plaza, Shanghai Regents Park, Shanghai Northgate Plaza I, Guangzhou Jinshazhou Project Guangzhou May Flower Plaza, Guangzhou West Point and others. Some of its subsidiaries include Canvex Limited, Eternal Medal Limited and Fore Bright Limited.