Tianjin Port Development
Encyclopedia
Tianjin Port Development Holdings Limited is engaged in port
Port
A port is a location on a coast or shore containing one or more harbors where ships can dock and transfer people or cargo to or from land....

 services in Tianjin Port, including container
Containerization
Containerization is a system of freight transport based on a range of steel intermodal containers...

 stacking
Stacking
Stacking may refer to:* Stacking * Stacking , a 2011 game from Double Fine involving matryoshka dolls* A gang signal made with the hands* Sport stacking, played using plastic cups* A film directed and produced by Martin Rosen...

 and warehousing, non-containerised goods stevedoring and other various ancillary services. Its parent company
Parent company
A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company...

 is Tianjin Development
Tianjin Development
Tianjin Development Holdings Limited or Tianjin Development is a conglomerate engaged in container terminal operations, toll roads, water supply, electric utilities and property development in Tianjin, China. In 2005, Tianjin Development split Tianjin Port Development to be listed on the Hong Kong...

.

It was listed as red chip
Red chip
Red chips stocks are the stocks of mainland China companies incorporated outside mainland China and listed in Hong Kong. The actual business is based in mainland China and controlled, either directly or indirectly, by the central, provincial or municipal governments of the Peoples' Republic of China...

 stock on the Hong Kong Stock Exchange
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...

 in 2006.

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