China Everbright Limited

Source: Wikipedia, the free encyclopedia.
China Everbright Limited
Company typePublic; state-owned enterprise
SEHK165
IndustryFinancial services
PredecessorIHD Holdings
Founded1 November 1994 (1994-11-01) (as Everbright-IHD)
FounderChina Everbright Group
HeadquartersHong Kong S.A.R.,
China
Area served
Mainland China, Hong Kong
Key people
  • Tang Shuangning (Chairman)
  • Chen Shuang (CEO)
ServicesAsset management
OwnerChina Everbright Holdings (49.74%)
Websitewww.everbright165.com.hk Edit this at Wikidata
Footnotes / references
in a consolidated basis[1]
China Everbright Limited
Hanyu Pinyin
Zhōngguó guāngdà kònggǔ yǒuxiàn gōngsī

China Everbright Limited is a

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

strategic investments and financial expertise, CEL plays a significant role in China's economic development
and global investment landscape.

History

The predecessor of the company was founded on 25 August 1972 in Hong Kong as Intercontinental Housing Development Limited, renamed

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 sponsor[5] in numbers of firm listing 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

References

  1. ^ "2015 Annual Report" (PDF). China Everbright Limited. 13 April 2016. Retrieved 18 October 2016.
  2. ^ China Everbright Limited Profile irasia.com
  3. ^ Hong Kong Companies Registry
  4. ^ a b c d e f "Milestone and Honor". China Everbright Limited. Archived from the original on 7 October 2016. Retrieved 18 October 2016.
  5. ^ "About Sponsors". Hong Kong Stock Exchange. 10 July 2015. Archived from the original on 20 January 2017. Retrieved 18 October 2016.
  6. ^ "Annual Report 2022" (PDF). China Everbright Limited. 2022. Retrieved 2 February 2024.

External links