China Overseas Land and Investment Limited (COLI), known as China Overseas, is a Hong Kong–based and incorporated real estate conglomerate. It is an indirect

subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...

of China State Construction Engineering Corporation Limited. Found in June 1979, it is engaged in

construction Construction are processes involved in delivering buildings, infrastructure, industrial facilities, and associated activities through to the end of their life. It typically starts with planning, financing, and design that continues until the a ...

and

contracting A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent to transfer of goods, services, money, or promise to transfer any of those a ...

property Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may have the right to consume, alter, share, re ...

development and

infrastructure Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and pri ...

investment Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...

, with operations currently in Hong Kong,

Macau Macau or Macao is a special administrative regions of China, special administrative region of the People's Republic of China (PRC). With a population of about people and a land area of , it is the most List of countries and dependencies by p ...

and

Mainland China "Mainland China", also referred to as "the Chinese mainland", is a Geopolitics, geopolitical term defined as the territory under direct administration of the People's Republic of China (PRC) in the aftermath of the Chinese Civil War. In addit ...

. China Overseas was listed in the

Stock Exchange of Hong Kong The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the 9th largest globally by market capitalization as of August 20 ...

as a

red chip Red chip stocks () are the stocks of mainland China companies incorporated outside mainland China and listed in Hong Kong. It refers to businesses based in mainland China and with (majority) shares controlled either directly or indirectly by a ...

stock in August 1992. In July 2005, it spun off its construction business and formed China State Construction International Holdings Limited ("CSCI"), which was listed on the Stock Exchange of Hong Kong . On 10 December 2007, it was selected to be a

Hang Seng Index The Hang Seng Index (HSI) is a market-Capitalization-weighted index, capitalisation-weighted stock market index in Hong Kong adjusted for free float. It tracks and records daily changes in the largest stock listings on the Hong Kong Stock Exch ...

Constituent Stock ( blue chip).

Business areas

China Overseas Land and Investment operates in four segments: property development, which is engaged in the development and sales of properties; property investment, which is engaged in property letting; infrastructure, which is engaged in the investments in entities undertaking toll highways, and other operations, which is engaged in property management, property agency, logistics operations, building design consultancy services, supply of heat and electricity and securities trading. China Overseas Land and Investment's property development, property investment and other activities are carried out in Hong Kong, Macau and regions in the People's Republic of China other than Hong Kong and Macau. All infrastructure project investments are located in the People's Republic of China. On November 28, 2008, the Company disposed Value Idea Investments Limited.

Shareholders

The direct parent company of China Overseas Land and Investment is China Overseas Holdings Limited, which sometimes known as China Overseas group (). China Overseas Holdings is owned by China State Construction Engineering Corporation Limited (CSCECL). CSCECL itself is a listed company. The ultimate parent company, China State Construction Engineering Corporation, is a

Chinese Central Government The State Council of the People's Republic of China, also known as the Central People's Government, is the chief administrative authority and national cabinet. It is constitutionally the highest administrative organ of the country and the e ...

owned company.

References

External links

* * {{DEFAULTSORT:China Overseas Land And Investment Limited Companies listed on the Hong Kong Stock Exchange Companies in the Hang Seng Index Companies in the Hang Seng China-Affiliated Corporations Index Companies in the S&P Asia 50 Chinese companies established in 1979 Government-owned companies of China Land developers of Hong Kong Real estate companies of China * 1979 establishments in China

Business areas

Shareholders

See also

References

External links