In 2023 August, Shimao Group Holdings share value had declined to $515 million (HKEX 4/8/23: HKD 4.03 billion) after 16 months share trading suspension, a 97% decline in market value from $17 billion in 2020. Shimao Group was founded in 2001 by Hui Wing Mau. In 2006, Shimao Group listed on Hong Kong Exchange.