The 4 October delisting of Jardine International Motor Holdings marks the Jardines Group's final withdrawal from Hong Kong the place upon which much of the group's success was founded. In recent years, Hong Kong has been bad luck for the Jardines Group and its importance within the British colony turned Chinese Special Administrative Region has diminished massively.
Jardine Matheson, which was founded in China in 1832, grew to become the dominant force in Hong Kong during the 1960s and 1970s, with interests spanning property, hotels, shipping, supermarkets, investment banking, insurance, construction and vehicle distribution.
Today, Jardines still has greater exposure to Hong Kong than anywhere else, though most of the group's listed entities moved...