Chinese Estates Holdings
Encyclopedia
Chinese Estates Holdings Limited is a major Chinese investment
holding company, based in Hong Kong
.
Its subsidiaries are principally engaged in property
investment and development, brokerage, securities investment and money lending.
The Company is organized into five divisions: property development and trading, which is engaged in property development and sales of properties; property leasing, which is engaged in property rental; money lending, which is engaged in loan financing; listed securities investment and treasury products, which is engaged in listed securities investment and trading, over-the counter trading and structured product
s, and unlisted securities investment, investment holding and brokerage, which is engaged in unlisted securities investment, trading and brokerage.
On March 13, 2006, the Company acquired 100% equity
interest of JadeField Limited. On January 5, 2006, it acquired 70.01% equity interest of Moon Ocean Ltd.
Investment
Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...
holding company, based in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
.
Its subsidiaries are principally engaged in property
Property
Property is any physical or intangible entity that is owned by a person or jointly by a group of people or a legal entity like a corporation...
investment and development, brokerage, securities investment and money lending.
The Company is organized into five divisions: property development and trading, which is engaged in property development and sales of properties; property leasing, which is engaged in property rental; money lending, which is engaged in loan financing; listed securities investment and treasury products, which is engaged in listed securities investment and trading, over-the counter trading and structured product
Structured product
In finance, a structured product, also known as a market linked investment, is generally a pre-packaged investment strategy based on derivatives, such as a single security, a basket of securities, options, indices, commodities, debt issuance and/or foreign currencies, and to a lesser extent, swaps...
s, and unlisted securities investment, investment holding and brokerage, which is engaged in unlisted securities investment, trading and brokerage.
On March 13, 2006, the Company acquired 100% equity
Ownership equity
In accounting and finance, equity is the residual claim or interest of the most junior class of investors in assets, after all liabilities are paid. If liability exceeds assets, negative equity exists...
interest of JadeField Limited. On January 5, 2006, it acquired 70.01% equity interest of Moon Ocean Ltd.