China Travel International Investment Hong Kong

Last updated
China Travel International Investment Hong Kong Limited
香港中旅国际投资有限公司
Type State-owned enterprise (Red chip)
SEHK:  308
Industry Conglomerate
Founded1992;31 years ago (1992)
Headquarters,
Area served
Hong Kong
Key people
Chairman: Mr. Zhang Xuewu
Parent China Travel Service
Subsidiaries TurboJET
Website China Travel International Investment Hong Kong Limited

China Travel International Investment Hong Kong Limited is an investment holding company engaged in travel, theme park, hotel, resort, passenger transportation, golf club, power generation, freight forwarding, and other investments. [1] [2] It was established and listed in Hong Kong in 1992 as a subsidiary of China Travel Service.

Hong Kong has been an established as the central business and financial center for China and Asia. Although technically in China, it is governed independently, and therefore it must accrue its own funds to promote travel. Hong Kong is also considered a major hub to many airlines in Asia. Many people stop in Hong Kong from Europe on their way to Australia on business class flights. There are many business class flights to and from Hong Kong – in fact, several airlines have flights with only business class seats. Hong Kong International Airport is a major connection point to the rest of the world and every other continent.

China Travel co-owns a joint venture with Shun Tak Holdings under the name of TurboJET, a company providing hydrofoil and high-speed ferry services between Hong Kong, Macau, Shenzhen, and Guangzhou, all located around the Pearl River Delta in southern China. [3]

Related Research Articles

<span class="mw-page-title-main">Cathay Pacific</span> Flag carrier and largest airline of Hong Kong

Cathay Pacific Airways Limited (CPA), more widely known as Cathay Pacific (Chinese: 國泰航空), is the biggest airline in Hong Kong, with its head office and main hub located at Hong Kong International Airport. The airline's operations and subsidiaries have scheduled passenger and cargo services to over 190 destinations and present in more than 60 countries worldwide including codeshares and joint ventures. Cathay Pacific operates a fleet consisting of Airbus A321, Airbus A321neo, Airbus A330, Airbus A350, and Boeing 777 aircraft. Cathay Cargo operates two models of the Boeing 747. Defunct wholly-owned subsidiary airline Cathay Dragon, which ceased operations in 2020, previously flew to 44 destinations in the Asia-Pacific region from its Hong Kong base. In 2010, Cathay Pacific and Cathay Pacific Cargo (then Cathay Cargo), together with Dragonair (then Cathay Dragon), carried nearly 27 million passengers and over 1.8 million tons of cargo and mail.

<span class="mw-page-title-main">Cathay Dragon</span> Defunct regional airline of Hong Kong (1985–2020)

Hong Kong Dragon Airlines Limited, also known as Cathay Dragon (國泰港龍航空) and Dragonair, was a Hong Kong-based international regional airline, with its corporate headquarters and main hub at Hong Kong International Airport. In the final year before it ceased flying, the airline operated a scheduled passenger network to around 50 destinations in 14 countries and territories across Asia. Additionally, the airline had three codeshares on routes served by partner airlines. It had an all Airbus fleet of 35 aircraft, consisting of A320s, A321s, and A330s.

<span class="mw-page-title-main">Hong Kong International Airport</span> Largest commercial airport serving Hong Kong; located in Chek Lap Kok

Hong Kong International Airport is a major international airport and the primary airport serving Hong Kong. It is built on reclaimed land on the island of Chek Lap Kok, Hong Kong. The airport is also referred to as Chek Lap Kok International Airport or Chek Lap Kok Airport, to distinguish it from its predecessor, the former Kai Tak Airport.

Hutchison Whampoa Limited (HWL) was an investment holding company based in Hong Kong. It was a Fortune Global 500 company and one of the largest companies listed on the Hong Kong Stock Exchange. HWL was an international corporation with a diverse array of holdings which included the world's biggest port, and telecommunication operations in 14 countries that were run under the 3 brand. Its businesses also included retail, property development and infrastructure.

<span class="mw-page-title-main">Swire</span> Hong Kong-British multinational conglomerate

Swire Group is a Hong Kong- and London-based British conglomerate. Many of its core businesses can be found within the Asia Pacific region, where traditionally Swire's operations have centred on Hong Kong and mainland China. Within Asia, Swire's activities come under the group's publicly quoted arm, Swire Pacific Limited. Elsewhere in the world, many businesses are held directly by the parent company, John Swire & Sons Limited, in Australia, Papua New Guinea, East Africa, Sri Lanka, the US and UK. Swire controls a large property empire in Asia – mainly Hong Kong. The current chairman is Barnaby Swire. Taikoo meaning Archean, is the Chinese name of Swire. It serves as the brand name for businesses such as Taikoo Sugar and Taikoo Shing.

AHK Air Hong Kong Limited is an all-cargo airline based in Chek Lap Kok, Hong Kong, with its main hub at Hong Kong International Airport. The airline operates an express freight network to 13 destinations in nine countries, including China, Japan, Malaysia, Philippines, Taiwan, Singapore, South Korea, Thailand and Vietnam. It has a fleet of Airbus A300-600F General Freighters, which the airline was the launch customer of this new variant. Its head office is located on the fourth floor of the South Tower of Cathay Pacific City.

Jetstar Airways Pty Ltd, operating as Jetstar, is an Australian low-cost airline headquartered in Melbourne. It is a wholly owned subsidiary of Qantas, created in response to the threat posed by airline Virgin Australia. Jetstar is part of Qantas' two brand strategy of having Qantas Airways for the premium full-service market and Jetstar for the low-cost market. Jetstar carries 8.5% of all passengers travelling in and out of Australia.

<span class="mw-page-title-main">China Eastern Airlines</span> Chinese airline

China Eastern Airlines Corporation Limited, also known as China Eastern, is an airline headquartered in the China Eastern Airlines Building, on the grounds of Shanghai Hongqiao International Airport in Changning District, Shanghai. It is one of the "Big Three" airlines of the People's Republic of China, operating international, domestic and regional routes. Hongqiao airport, along with the larger Shanghai Pudong International Airport, are China Eastern's main hubs, with secondary hubs in Beijing Daxing, Kunming, and Xi'an.

<span class="mw-page-title-main">Valuair</span> Former airline of Singapore

Valuair (Chinese: 惠旅航空) was a Singapore-based low-cost carrier. It was launched on 5 May 2004, offering initial services to Bangkok and Hong Kong. It differentiated itself from other low-cost carriers by offering frills such as a baggage allowance of over 20 kg, in-flight food, allocated seats, and 32 inch seat pitch. Acquired on 24 July 2005 by Jetstar Asia Airways, the Valuair brand was retained for Jetstar Asia's scheduled services to major cities in Indonesia until 26 October 2014.

<span class="mw-page-title-main">Bank of China (Hong Kong)</span> Intermediately Chinese state-owned bank in Hong Kong

Bank of China (Hong Kong) Limited (Chinese: 中國銀行(香港)有限公司) also known as its short name Bank of China (Hong Kong) or BOCHK (Chinese: 中銀香港), is a subsidiary of the Bank of China (via a Hong Kong-listed intermediate holding company BOC Hong Kong (Holdings)). Bank of China (Hong Kong) is the second-largest commercial banking group in Hong Kong in terms of assets and customer deposits (2008 data), with more than 190 branches across Hong Kong as of the end of 2019. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar.

Jetstar Asia Airways Pte Ltd is a Singaporean low-cost airline headquartered at Changi Airport. It operates services to regional destinations in Southeast Asia to countries such as Myanmar, Cambodia, Malaysia, Indonesia, Philippines, Thailand and Vietnam. It also flies to regional routes in East Asia such as Japan, Taiwan and Hong Kong.

Hong Kong Airlines Limited is an airline based in Hong Kong, with its headquarters in the Tung Chung district and its main hub at Hong Kong International Airport. It was established in 2006 as a member of the HNA Group and flies to 25 destinations across Asia Pacific. The company slogan was changed from Fresh + very Hong Kong to Where Hong Kong Begins.

BOC Aviation is a majority state-owned global aircraft operating leasing company and the largest aircraft operating leasing company headquartered in Asia, as measured by the value of owned aircraft.

Hong Kong Express Airways Limited, commonly known as Hong Kong Express or HK Express, is a Hong Kong–based low-cost airline fully owned by Cathay Pacific Airways. It provides scheduled air service to 27 destinations in Asia, including Cambodia, China, Japan, South Korea, the Northern Mariana Islands, Taiwan, Thailand and Vietnam. The airline's main hub at Hong Kong International Airport uses a fleet that consists exclusively of the Airbus A320 family. The company slogan is Your Move.

<span class="mw-page-title-main">Oasis Hong Kong Airlines</span> Low-cost airline based in Hong Kong

Oasis Hong Kong Airlines Limited was a long-haul, low-cost Asian airline. It operated scheduled services to London Gatwick Airport and Vancouver International Airport from its hub, Hong Kong International Airport. The airline offered low fares as its selling technique, which was similar to the operation principle of a low-cost airline.

<span class="mw-page-title-main">Steven Lo</span>

Steven Lo Kit-Sing is a Hong Kong and Macanese businessman, investor, filmmaker, and philanthropist.

<span class="mw-page-title-main">China International Capital Corporation</span> Chinese company

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.

<span class="mw-page-title-main">Guosen Securities</span> Chinese Securities Brokerage

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.

<span class="mw-page-title-main">Emperor Group</span> Group of company in Hong Kong

Emperor Group is a diversified group of companies founded by Albert Yeung in Hong Kong. Albert Yeung's father, Mr Yeung Shing, opened a watch shop named "Shing On Kee Watch Shop" in 1942, setting the business foundation. Six companies within the Group are listed on the Main Board of The Stock Exchange of Hong Kong. These include Emperor International Holdings Limited, which focuses on real estate investment and property development; Emperor Watch and Jewellery Limited, which specializes in the retail of luxury watches and fine jewellery; Emperor Entertainment Hotel Limited, which concentrates on hotel and gaming businesses in Macau; Emperor Capital Group Limited, which provides a wide range of financial services; and Emperor Culture Group Limited, which principally engages in entertainment, media and cultural development business; and Ulferts International Limited, which is engaged in chain retailing of upmarket European furniture.

Greater Bay Airlines Company Limited is a Hong Kong-based carrier established in 2020. The company's inaugural passenger flight was conducted in July 2022.

References

  1. Corporate Profile of China Travel International Investment Hong Kong Limited
  2. Summary of China Travel International Investment in Hong Kong has become Limited
  3. "Company Background". China Travel Service (H.K.) Limited. Retrieved 2023-05-29.