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Swire chief sees 'tremendous' China opportunity as revenue rises

Family scion vows to reengage with Hong Kong at first earnings conference

Merlin Swire stressed building on the two-century-old legacy his family built at his first press conference as the head of Swire Pacific. (Photo by Kenji Kawase)

HONG KONG -- For Swire Group, a 200-year-old British conglomerate with deep ties to Asia, Thursday's annual earnings conference at its flagship listed unit marked a renewed focus on greater China.

Swire Pacific sees "tremendous opportunity" ahead for China and Hong Kong, Merlin Swire, a sixth-generation scion of the Swire family that started the business, told reporters at his first earnings announcement as chairman of the flagship unit.

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