Ewo (hong)
Encyclopedia
The Ewo Hong ; Cantonese
: yi wo hong) was a Qing Dynasty
hong established by Wǔ Guóyíng in Canton (Guangzhou) in 1783 and later became the leader of the cohong
of the Thirteen Factories
under the stewardship of Howqua
, who took over in 1803. Ewo later became one of the most successful hongs and the largest creditor of the East India Company
, whilst Howqua's personal monetary worth reached more than 26 million Mexican dollars. As a result of the Ewo hong's upright and honest reputation, Jardine Matheson & Company
later adopted "Ewo" as the Chinese name for their firm.
Cantonese
Cantonese is a dialect spoken primarily in south China.Cantonese may also refer to:* Yue Chinese, the Chinese language that includes Cantonese* Cantonese cuisine, the cuisine of Guangdong province...
: yi wo hong) was a Qing Dynasty
Qing Dynasty
The Qing Dynasty was the last dynasty of China, ruling from 1644 to 1912 with a brief, abortive restoration in 1917. It was preceded by the Ming Dynasty and followed by the Republic of China....
hong established by Wǔ Guóyíng in Canton (Guangzhou) in 1783 and later became the leader of the cohong
Cohong
The Cohong, often spelled as kehang or gonghang, was the Chinese import-export monopoly in Guangzhou during the Qing dynasty...
of the Thirteen Factories
Thirteen Factories
The Thirteen Factories was an area of Canton , China, where the first foreign trade was allowed in the 18th century since the hai jin ban on maritime activities...
under the stewardship of Howqua
Howqua
Howqua was the most important of the Hong merchants in the Thirteen Factories, head of the E-wo hong and leader of the Canton Cohong–Gong1 hong2 . He was once one of the richest men in the world.-Biography:...
, who took over in 1803. Ewo later became one of the most successful hongs and the largest creditor of the East India Company
East India Company
The East India Company was an early English joint-stock company that was formed initially for pursuing trade with the East Indies, but that ended up trading mainly with the Indian subcontinent and China...
, whilst Howqua's personal monetary worth reached more than 26 million Mexican dollars. As a result of the Ewo hong's upright and honest reputation, Jardine Matheson & Company
Jardine Matheson Holdings
Jardine Matheson Holdings Limited often referred to as Jardines, is a multinational corporation incorporated in Bermuda and based in Hong Kong. While listed on the London Stock Exchange and the Singapore Exchange, the vast majority of Jardines shares are traded in Singapore...
later adopted "Ewo" as the Chinese name for their firm.