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.