Shun Tak aims at hospitality market in mainland

Conglomerate Shun Tak is in talks to achieve tourism deals in the mainland. “Through Shun Tak, we definitely are in talks and now looking very close at some possibilities” in the mainland, managing director Pansy Ho Chiu-King was quoted by the Wall Street Journal as saying. Shun Tak is looking to enter the market through partnerships rather than by itself, Ms Ho said. She added that at this stage, the company is not prepared to announce any deals yet. Shun Tak has shares in both the Mandarin Oriental, Macau and The Westin Resort Macau.