The Group, which is listed on the
Stock Exchange of Hong Kong, was founded in 1996, under the name
Perfect Treasure Holdings Limited and would go on to acquire and take on the name of the much older Sing Tao newspaper. Perfect Treasure was acquired by
Charles Ho and renamed to
Global China Technology Group Limited in mid-2000. The following January, Global China Technology Group acquired a 51.36% majority holding in Sing Tao Holdings from private equity fund
Lazard Asia In mid-2002 the Sing Tao subsidiary, excluding Sing Tao Media Holdings, which held the Sing Tao newspaper, and
Colony Hotel, was sold on to Ming Yuan Investment Group, a private company owned by Yao Yuan. Sing Tao Holdings became known as
Shanghai Mingyuan Holdings, from October 2002. Sing Tao Media Holdings was an intermediate company for newspaper and magazine business of the former Sing Tao Holdings group. In early 2002, Sing Tao Media acquired the Hong Kong magazines 'Teens' and 'East Touch', as founding titles in the magazine publishing division of the group. The predecessors of Sing Tao Holdings as the parent company of Sing Tao group, was Sing Tao Limited (aka: Sing Tao Newspapers Limited and Sin Poh Amalgamated (H.K.) Limited). As of 2018, Sing Tao Limited still operated as a company and a subsidiary of Sing Tao News Corporation. In 2003, Colony Hotel, which the company partially owned, was sold to the
University of Toronto. On 22 February 2005, Global China Group Holdings was renamed to
Sing Tao News Corporation. In the same year Sing Tao sold the headquarters of its newspaper division in
Kowloon Bay, Kowloon. The headquarters was later relocated to
A Kung Ngam in Hong Kong Island. In 2017, the headquarters was relocated to
Tseung Kwan O.
Charles Ho relinquishes control In February 2021, Ho sold a 28 percent stake in Sing Tao News Corporation to Kwok Hiu-ting (Guo Xiaoting), vice chairwoman of mainland property management firm Kaisa Prosperity, for HK$370 million. Kwok, born 1994, who is the daughter of Kwok Ying-shing (
郭英成), chairman of the mainland property firm,
Kaisa Group, instantly became the majority shareholder, up from zero. Ho retained just three percent of the company. ==Publications==