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Company type | Public; state-owned enterprise |
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SEHK: 165 | |
Industry | Financial services |
Predecessor | IHD Holdings |
Founded | 1 November 1994 (as Everbright-IHD) |
Founder | China Everbright Group |
Headquarters | Hong Kong S.A.R., China |
Area served | Mainland China, Hong Kong |
Key people |
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Services | Asset management |
Owner | China Everbright Holdings (49.74%) |
Website | www |
Footnotes /references in a consolidated basis [1] |
China Everbright Limited | |||||||
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Simplified Chinese | 中国光大控股有限公司 | ||||||
Traditional Chinese | 中國光大控股有限公司 | ||||||
Literal meaning | China Everbright Holding Limited Company | ||||||
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China Everbright Limited is a Hong Kong-based financial services company in asset management,investment and merchant bank in the Greater China region,including Mainland China and Hong Kong. [2] It is part of the China Everbright Group,a state-owned enterprise operated under the supervision of the State Council of the People's Republic of China (via Central Huijin Investment and the Ministry of Finance).
China Everbright Limited is considered a red chip stock on the Hong Kong Stock Exchange.
China Everbright Limited (CEL) is a leading investment conglomerate based in China,with a focus on financial services,asset management,and direct investments. Established in 1983,CEL operates across various sectors including banking,securities,insurance,and infrastructure. With a reputation for strategic investments and financial expertise,CEL plays a significant role in China's economic development and global investment landscape.
The predecessor of the company was founded on 25 August 1972 in Hong Kong as Intercontinental Housing Development Limited,renamed IHD Holdings in 1987. In 1994 it was taken over by China Everbright Group and renamed China Everbright-IHD Pacific Limited. On 18 July 1997,the business inherited from IHD was ended,the company was renamed China Everbright Limited,the current name. [3] On the same day,a 20% stake of China Everbright Bank was injected from the parent company,China Everbright Group,followed by International Bank of Asia on 2 August. [4] On 18 July 1999,Everbright Limited acquired a 49% stake of Everbright Securities from the parent company. [4]
In 2002,a 35% stake of Standard Life (Asia) Limited was sold to Standard Life. [4] In 2003,SeaBright Asset Management Limited was founded,a joint venture with Seagate Global Advisors (Chinese :海基資產管理有限公司). [4] In 2000s Everbright Limited acted as a sponsor [5] in number of firm listings in Hong Kong Stock Exchange,for example,Zijin Mining in 2003. [4]
In 2011,a 51% stake of Everbright Securities (International) was sold to Everbright Securities, [4] Everbright Limited remained a minority shareholder of Everbright Securities,while Everbright Group is the largest shareholder.[ citation needed ]
In 2016,the company acquired the concession of Tirana International Airport,which runs until 2027. The company was the largest shareholder of China Aircraft Leasing Group Holdings. [6]
PCCW Limited is a Hong Kong-based information and communication technology (ICT) and telecommunications company.
CITIC Group Corporation Ltd.,formerly the China International Trust Investment Corporation (CITIC),is a state-owned investment company of the People's Republic of China,established by Rong Yiren in 1979 with the approval of Deng Xiaoping. Its headquarters are in Chaoyang District,Beijing. As of 2019,it is China's biggest state-run conglomerate with one of the largest pools of foreign assets in the world. In 2023,the company was ranked 71st in the Forbes Global 2000.
Ping An Insurance known also as Ping An of China,full name Ping An Insurance (Group) Company of China,Ltd. is a Chinese financial services holding company whose subsidiaries provide insurance,banking,asset management,financial services. The company was founded in 1988 and is headquartered in Shenzhen. "Ping An" literally means "safe and well". It is ranked as China’s 5th largest company.
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Central Huijin Investment Co.,Ltd. is a Chinese sovereign fund formerly owned by the government of the People's Republic of China. Established in 2003 by the People's Bank of China,five years later it became a wholly-owned subsidiary of China Investment Corporation,with its own Board of Directors and Board of Supervisors. Central Huijin's principal shareholder rights are exercised on behalf of the State Council. Central Huijin is an organization by which the Chinese government can act as a shareholder for the "big four" state-owned banks,thereby improving corporate governance and initiating reforms of the banking industry.
Fubon Bank Limited is a wholly owned subsidiary of Fubon Financial Holding Co.,Ltd.,one of the largest financial holding companies in Taiwan. Committed to becoming one of Asia’s first-class financial institutions,Fubon Financial Holdings has built a strong lineup of financial service companies. Fubon Bank operates 15 branches,3 SME Banking Services Centres,1 Offshore Banking Centre and 1 Securities Services Centre in Hong Kong,providing a wide range of financial services encompassing consumer and wholesale banking,wealth management,financial markets,securities brokerage and investment services. Fubon Bank holds an A-2 short-term,BBB+ long-term rating from Standard &Poor’s. The rating reflects Fubon Bank’s strong capitalization,good liquidity and sound asset quality.
China Taiping Insurance Holdings Company Limited (CTIH) formerly China Insurance International Holdings Company Limited (CIIH),is a Chinese insurance conglomerate. The company has strong Chinese Central Government background despite being incorporated in Hong Kong. It is considered as a red chip company.
China Everbright Bank Co.,Ltd. is one of twelve Chinese joint-stock commercial bank. Established in August 1992,it is a national joint-stock commercial bank approved by the State Council and approved by the People's Bank of China,headquartered in Beijing. It was ranked in 139th in 2016 Forbes Global 2000 publicly held companies. Sister company Everbright Securities ranked 862th.
China International Capital Corporation Limited is a Chinese partially state-owned multinational investment management and financial services company. Founded in China in 1995,CICC provides investment banking,securities and investment management services to corporations,institutions and individuals worldwide.
Sun Hung Kai &Co. Limited (SEHK: 86 is an alternative investment company headquartered in Hong Kong. Since its establishment in 1969,the Group has owned and operated market-leading platforms in Financial Services. The Group invests across public markets,alternatives and real assets and has an established track record of generating long-term risk adjusted returns for its shareholders. Most recently,it has extended its strategy to incubate,accelerate and support emerging asset managers in the Asian region. It is also the major shareholder of a leading Consumer Finance firm,United Asia Finance Limited. The Group currently holds about HK$48.8 billion in total assets as at 31 December 2021.
Everbright Securities Company Limited is a securities brokerage by assets in China,controlled by state-owned financial conglomerate,China Everbright Group. It was founded in 1996 and is based in Shanghai.
Guosen Securities Company Limited is a Chinese state-owned financial services company headquartered in Shenzhen,China,with more than 70 branches and 11,500 employees nationwide. It has offices in 47 major cities in China including Shenzhen,Beijing,Guangzhou,Foshan,Nanjing,Shanghai,Tianjin and Hong Kong. Guosen Securities provides sales and trading,investment banking,research,asset management,private equity,and other financial services with both institutional and retail clients in China and Hong Kong. It also operates a trading platform called GuoXin TradingStation.
China Everbright Group is a Chinese state-owned enterprise. Everbright Group was a subsidiary of Central Huijin Investment. The Ministry of Finance of China owned the rest of the stake,which Central Huijin acquired on 8 December 2014.
Everbright Sun Hung Kai,formerly known as Sun Hung Kai Financial,is a subsidiary of Everbright Securities Company Limited that provides financial services for retail,corporate,and institutional clients. It was founded in 1969 by Fung King Hey,Kwok Tak Seng and Lee Shau Kee. The company operates under the Sun Hung Kai Financial brand and the SHK Direct and SHK Private sub-brands and has a presence in Hong Kong,Macau and Mainland China. Through its subsidiaries,the company had about HK$105 billion in assets under management,custody,or advice as of 30 September 2017.
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