Hong Kong Shanghai Hotel Co., Ltd. (Hong Kong Shanghai Hotel) was incorporated in 1866 and listed on the Hong Kong Stock Exchange (00045). The Hong Kong Shanghai Hotel has a world-class Peninsula hotel brand. The Group has ten Peninsula Hotels located in major locations in Asia, the United States and Europe, as well as three hotels under construction, in London, Istanbul and Yangon. The Group's total assets are HK$45 billion (US$5.8 billion), including luxury hotels, unique properties and tourism assets such as the Peak Tram, a popular tourist attraction in Hong Kong. The Hong Kong Shanghai Grand Hotel has three businesses, namely hotels, commercial properties, and clubs and services.