Guangdong Investment

From Wikipedia - Reading time: 2 min

Guangdong Investment
Company typepublic
SEHK270
Industrywater supply, infrastructure, real estate, department store, hotel
Founded
  • 5 January 1973 (1973-01-05) (predecessor)
  • 12 July 1988 (1988-07-12) (as Guangdong Investment)
HeadquartersGuangdong Investment Tower,
Hong Kong Island
,
Area served
mainland China, Hong Kong
Key people
Huang Xiaofeng (chairman)
OwnerGuangdong Holdings (54.68%)
ParentGuangdong Holdings
Websitegdi.com.hk
Guangdong Investment Limited
Traditional Chinese粵海投資有限公司
Simplified Chinese粤海投资有限公司
Transcriptions

Guangdong Investment Limited is a Chinese company incorporated in Hong Kong. It is engaged in the businesses of property, infrastructure, energy, water supply to Hong Kong, Shenzhen and Dongguan, hotel management and department store operations.[1]

Guangdong Investment is a constituent of Hang Seng China-Affiliated Corporations Index (red chip index).

The parent company was Guangdong Holdings (held the stake via GDH Limited and Guangdong Trust) Guangdong Holdings is a wholly owned subsidiary of Guangdong Provincial People's Government.

History

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Union Globe Development Limited [zh] was incorporated on 5 January 1973 in Hong Kong. On 12 July 1988 it was renamed into Guangdong Investment Limited, which the listed company was acquired by Guangdong Enterprises: a "window company" of mainland China in the British colony. Since that year Guangdong Investment became a special purpose vehicle used by Guangdong Enterprises for backdoor listing its assets.

References

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Licensed under CC BY-SA 3.0 | Source: https://en.wikipedia.org/wiki/Guangdong_Investment
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