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COSCO International Holdings
COSCO Shipping International (Hong Kong) Co., Ltd., stylized as COSCO SHIPPING International, and formerly COSCO International Holdings Limited, is a Hong Kong listed company and an indirect subsidiary of COSCO Shipping. It engages in ship trading and supplying services. It is headquartered in Hong Kong and it is listed in the Stock Exchange of Hong Kong (SEHK) since 1992. COSCO Shipping International (Hong Kong) is incorporated in Bermuda, as an offshore company. It is a red chip company. History The company became a listed company since 1992. The company was known as Shun Shing Holdings and then COSCO International and currently COSCO Shipping International (Hong Kong). Shun Shing Holdings Shun Shing Holdings is a company incorporated on 9 September 1991 in Bermuda and registered as a "foreign company" in Hong Kong in 1992. On 11 February 1992, Shun Shing Holdings became a listed company. It is a parent company of a Hong Kong-based main contractor, Shun Shing Construction & En ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Listed Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), in F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Housing Authority
The Hong Kong Housing Authority (HA) is the main provider of public housing in Hong Kong. It was established in April 1973 under the Housing Ordinance and is an agency of the Government of Hong Kong. In the same year, the Resettlement Department and the Building Section of the Urban Services Department were merged to form the Housing Department, which acts as the Housing Authority's executive body. History The modern Housing Authority was founded in 1973. In 2005, most Housing Authority-owned shopping centres and car parks were controversially divested to The Link REIT. A citywide scandal erupted in 2015 after heavy metals were found in the water supply of some housing estates, schools, and private residential buildings. The contamination was first identified at Kai Ching Estate, opened in 2013. A task force found that the contamination was caused by solder joints with high lead content. Responsibilities Outside of public housing provision, the authority is also resp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COSCO Shipping Ports
COSCO Shipping Ports Limited, stylized as COSCO SHIPPING Ports is a Hong Kong listed company and investor in ports. The company is formerly known as COSCO Pacific Limited and was an indirect subsidiary of China Ocean Shipping (Group) Company (COSCO) and now part of its successor, China COSCO Shipping group. It is mainly engaged in container terminal operations, container manufacturing and leasing, shipping agency and freight forwarding. COSCO Pacific was a Hang Seng Index constituent ( blue chip) from 2003 to 2014. COSCO Pacific also a red chip company so that it once considered as a purple chip company. History COSCO Pacific Limited is a Bermuda incorporated company and was a subsidiary of China Ocean Shipping (Group) Company (COSCO). In 1994, it became a listed company in the Stock Exchange of Hong Kong (SEHK). At that time, Hong Kong is a British colony and not yet handover back to the People's Republic of China. After the 1997 handover, Hong Kong still has a separate juris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Council Of The People's Republic Of China
The State Council, constitutionally synonymous with the Central People's Government since 1954 (particularly in relation to local governments), is the chief administrative authority of the People's Republic of China. It is chaired by the premier and includes each cabinet-level executive department's executive chief. Currently, the council has 35 members: the premier, one executive vice premier, three other vice premiers, five state councilors (of whom three are also ministers and one is also the secretary-general), and 26 in charge of the Council's constituent departments. The State Council directly oversees provincial-level People's Governments, and in practice maintains membership with the top levels of the CCP. Aside from very few non-CCP ministers, members of the State Council are also members of the CCP's Central Committee. Organization The State Council meets every six months. Between meetings it is guided by a (Executive Meeting) that meets weekly. The standing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Assets Supervision And Administration Commission
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of various other industry-specific ministries. SASAC is responsible for managing state-owned enterprises (SOEs), including appointing top executives and approving any mergers or sales of stock or assets, as well as drafting laws related to SOEs. , its companies had a combined assets of CN¥194 trillion (US$30 trillion), revenue of more than CN¥30 trillion (US$4.6 trillion), and an estimated stock value of CN¥65 trillion (US$10.06 trillion), making it the one of the largest economic entities in the world. Central SOEs SASAC currently oversees 97 centrally owned companies. Companies directly supervised by SASAC are continuously reduced through mergers according to the state-owned enterprise restructuring plan with the number of SASAC compani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Ocean Shipping Company
China Ocean Shipping Company, Limited, formerly China Ocean Shipping (Group) Company, commonly known for its abbreviated name COSCO Group, or simply, COSCO, is a former Chinese Government owned shipping and logistics services supplier company. It is one of the major holding company for China COSCO Shipping. China COSCO Shipping itself is formed by a merger of COSCO Group and China Shipping Group as one conglomerate, by a creation of a new common parent company of the two groups. COSCO headquarters is in Ocean Plaza in the Xicheng District in Beijing. It owns 1114 ships, including 365 dry bulk vessels, a container fleet with a capacity of , and a tanker fleet of 120 vessels. The fleet calls at over a thousand ports worldwide. It ranks among the largest in both number of container ships and aggregate container volume in the world. In 2012, it was among China's top 15 brands. It was the largest dry bulk carrier in China and one of the largest dry bulk shipping operators worldwi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free-float
In the context of stock markets, the public float or free float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in shares held by promoters, company officers, controlling-interest investors, or governments. This number is sometimes seen as a better way of calculating market capitalization, because it provides a more accurate reflection (than entire market capitalization) of what public investors consider the company to be worth. In this context, the ''float'' may refer to all the shares outstanding that can be publicly traded. Calculating public float The float is calculated by subtracting the locked-in shares from outstanding shares. For example, a company may have 10 million outstanding shares, with 3 million of them in a locked-in position; this company's float would be 7 million (multiplied by the share price). Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Commercial Daily
The ''Hong Kong Commercial Daily'' () (HKCD) is a Chinese state-owned newspaper, published in broadsheet format in Hong Kong and dubbed “China’s international media window” by the central government.Former editor at Hong Kong’s pro-Beijing Commercial Daily newspaper seeks asylum in US HKFP, 10 Feb 2017 Established in 1952, it was the first financial newspaper in the Chinese language. It is one of the few newspapers authorized by the government to publicize legal announcements, and also the only Hong Kong newspaper allowed to be circulated freely in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China COSCO Shipping
China COSCO Shipping Corporation Limited, abbreviated as COSCO Shipping, is a Chinese state-owned multinational conglomerate headquartered in Shanghai. The group is focused on marine transportation services. COSCO Shipping was established in January 2016 by the merger of COSCO Group and China Shipping Group. As of March 2020, the company's fleet was among the largest in the world – 1310 vessels with a capacity of 105.92 million DWT. Predecessors COSCO China Ocean Shipping (Group) Company, founded in 1961 and headquartered in Beijing, was a Chinese state-owned multinational transportation conglomerate. It was the largest dry bulk carrier in China and one of the largest dry bulk shipping operators worldwide. In addition, the Group is the largest liner carrier in China. Its container shipping subsidiary – COSCO Container Lines – was one of the world's top 10 container carriers in terms of fleet capacity. COSCO was among China's top 15 brands in 2012. China Shipping ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Shipping Group
China Shipping Group Company, Limited, formerly China Shipping (Group) Company, is a former Chinese state-owned shipping conglomerate. It is now one of the intermediate holding companies for another Chinese state-owned conglomerate, China COSCO Shipping, which was formed by a merger of China Ocean Shipping Company (COSCO) and China Shipping Group by the creation of a new parent company for the two conglomerates. China Shipping Group was mainly engaged in shipping of oil tankers, passenger ships and container vessels. Other related businesses included ship and Terminal management, finance and investment, engineering, human resources, trading and information technology. History China Shipping (Group) Company () was formed in 1997 by a merger of three Chinese Government owned shipping conglomerates, based in Shanghai, Guangzhou and Dalian respectively. At first the company had a net loss of RMB 680 million (in yuan) a year. The merger also made China Shipping Group beca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sino-Ocean Group
Sino-Ocean Group Holding Limited is an investment holding company that engages in the property investment and development activities in the People's Republic of China. The company develops real estate projects such as mid to high-end residential properties and also invests in and operates urban complexes, office buildings. It also provides property management Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monit .... For instance, its service includes community O2O and equity investment. In addition, the company is involved in the logistic property, real estate financing, pension, real estate fund, and environmental technology businesses. The company was formerly known as Sino-Ocean Land Holdings Limited and changed its name to Sino-Ocean Group Holding Limited in May 2016. See also * Rea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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