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Bank Of Shanghai
Bank of Shanghai Co., Ltd. (BOSC) is an urban commercial bank based in Shanghai in China. The bank was ranked 73rd among 1000 banks around the world by '' The Banker'' in terms of their Tier 1 capital in 2020. History The Bank of Shanghai was founded on December 29, 1995, as the Shanghai City Cooperative Bank, by the merger of 98 City Cooperative Credit Unions of Shanghai, together with the Joint Union of the Shanghai City Cooperative Credit Unions. The company resolved to change its name to the "Bank of Shanghai" in 1998, and regulatory registration of the new name was completed in 2000. Headquartered in Shanghai, China, it is a listed company on the main board of the Shanghai Stock Exchange with stock code 601229. In September 1999 and December 2001, Bank of Shanghai received equity investments from International Finance Corporation of the World Bank Group, The Hong Kong and Shanghai Banking Corporation (HSBC) and The Shanghai Commercial Bank of Hong Kong. Prior to 1949, Shangha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jiading District
Jiading is a suburban district of Shanghai. It had a population of 1,471,100 in 2010. History Historically, Jiading was a separate municipality/town, until, in 1958, becoming under the administration of Shanghai. In 1993, Jiading's designated was changed from a county to a district of Shanghai. In the early Qing dynasty, which overlapped with Southern Ming, the municipality was infamously known for the "Jiading Massacre", a mass murder carried out by the invading Qing force, led by defected northern Chinese bandit general . In late Qing (in 1853), Jiading city was also known for bandit activities that once captured the city and then Shanghai, as a rebellion of taxation. In 2005, the Jiading district government invested RMB 10 million to build the Shanghai Museum of the Imperial Examination System. Geography Jiading district is located in the northwestern part of Shanghai. It stretches across . It is located about from downtown Shanghai. Climate Jiading has a humid sub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Dollar
The Hong Kong dollar (, sign: HK$; code: HKD) is the official currency of the Hong Kong Special Administrative Region. It is subdivided into 100 cents or 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong and the Hong Kong dollar. Three commercial banks are licensed by the Hong Kong Monetary Authority to issue their own banknotes for general circulation in Hong Kong. These banks, HSBC, Bank of China, and Standard Chartered, issue their own designs of banknotes in denominations of HK$20, HK$50, HK$100, HK$150, HK$500, and HK$1000, with all designs being similar to one another in the same denomination of banknote. However, the HK$10 banknote and all coins are issued by the Government of Hong Kong. As of April 2019, the Hong Kong dollar is the ninth most traded currency in the world. Hong Kong uses a linked exchange rate system, trading since May 2005 in the range US$1:HK$7.75–7.85. Apart from its use in Hong Kong, the Hong Kong doll ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai Commercial And Savings Bank
The Shanghai Commercial and Savings Bank () is a bank of the Republic of China, currently based in Taipei, Taiwan. In 1915, it was founded by Chen Guangfu ( K. P. Chen) in Shanghai, mainland China. Chen became the first president, and The-Chin Chuang was elected first chairman. Early years The bank was established in Shanghai in 1915 by Chen Guangfu, a graduate of the Wharton School of Finance and one of the most successful Chinese bankers of the 20th century.''The Making of Modern Chinese Financial Entrepreneurship: The Case of Chen Guangfu'' by Pui-tak Lee, University of Hong Kong In 1931, the Bank completed the construction of its head office building in Shanghai, which was the most modern banking edifice in China at that time. The bank started its business with a capital of less than 100,000 silver dollars and with a workforce of four. In 1934, the bank had become the nation’s top private bank, with over 2,700 employees and over 110 branches. World War 2 During Worl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kwang Pu Chen
Kwang Pu Chen (; 1880 – July 1976) was a Shanghai-based Chinese banker and State Councillor. He was the founder of the first modern Chinese savings bank, the Shanghai Commercial and Savings Bank, the Shanghai Commercial Bank, a travel agency, as well as the China Assurance Corporation Ltd. He was one of China's most successful entrepreneurs in the twentieth century, particularly influential in the financial and business world of Shanghai. He played a key role in negotiating financial aid from the United States in 1937-1940, working with Treasury Secretary Henry Morgenthau.Yuwu Song, ed., ''Encyclopedia of Chinese-American Relations'' (McFarland, 2009) pp 52-53. Linsun Cheng, in his ''Banking in Modern China: Entrepreneurs, Professional Managers, and the Development of Chinese'', says, "It is almost impossible to describe any significant innovation in the history of modern Chinese banks without mentioning K. P. Chen's name." Early life In 1880, K. P. Chen was born in Dan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and dev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CITIC Guoan Group
CITIC Guoan Group Co., Ltd. is a Chinese company. The company itself was founded by CITIC Group (who currently owns a 20.95% stake). CITIC Guoan Group is the largest shareholder of CITIC Guoan Information Industry, CITIC Guoan Wine and Global Tech Holdings. Moreover, Guoan is the second largest shareholder of Baiyin Nonferrous. Shareholders CITIC Guoan Group was a wholly owned subsidiary of CITIC Group until 2014. The company had a net assets to total assets ratio of 0.00125 (around 1:799) in a consolidated financial statements as at 31 December 2013 ( total assets to equity). In 2014, the company recapitalized, which several private capitals subscribed the increase. After the recapitalization, the stake of CITIC Guoan Group became one of the few assets of CITIC Group that was not injected to its listed subsidiary CITIC Limited. CITIC Group also disinvested CITIC Limited in 2015. Subsidiaries CITIC Guoan Group was the co-founder of Beijing Guoan F.C. However, the stake ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Shipbuilding Industry Corporation
The China Shipbuilding Industry Corporation (CSIC) was one of the two largest shipbuilding conglomerates in China, the other was the China State Shipbuilding Corporation (CSSC). It was formed by the Government of the People's Republic of China on 1 July 1999 from companies spun off from CSSC, and is 100% owned by State-owned Assets Supervision and Administration Commission (SASAC) of State Council. Headquartered in Beijing, the CSIC handles shipbuilding activities in the north and the west of China, while the China State Shipbuilding Corporation (CSSC) deals with those in the east and the south of the country. CSIC's subsidiary, China Shipbuilding Industry Company Limited (CSICL), was listed on the Shanghai Stock Exchange in 2008. Its trade arm is China Shipbuilding & Offshore International Co. Ltd (CSOC). CSIC has developed 10 main product sections: shipbuilding, marine engineering, diesel engines, storage batteries, large steel structure fabrications, port machinery, turb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Jianyin Investment
China Jianyin Investment Co., Ltd. (JIC) is a Chinese investment company owned by the government of the People's Republic of China. Founded in 2004, it is a wholly owned subsidiary of Central Huijin Investment and is an integrated investment group focused on equity investments. The group is headquartered in Beijing and owns more than 160 wholly owned or holding enterprises and institutions in 29 Chinese provinces, autonomous regions, municipalities and Hong Kong SAR. It has also established affiliated agencies in Europe. Businesses Investment Portfolio SGD Pharma, manufacturer of primary glass packaging and containers for the pharmaceutical industry Miquel Alimentació Group, a Spanish company specializing in food wholesale, franchising and supply chain management Pacoma GmbH, one of Europe's suppliers of hydraulic cylinders NXP * CRCC High-tech Equipment, China's largest railway track maintenance machinery supplier Dali Foods Group, a snack foods & beverage company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance Of The People's Republic Of China
The Ministry of Finance of the People's Republic of China () is the cabinet-level executive department of the State Council which administers macroeconomic policies and the annual budget. It also handles fiscal policy, economic regulations and government expenditure for the state. The ministry also records and publishes annual macroeconomic data on China's economy. This includes information such as previous economic growth rates in China, central government debt and borrowing and many other indicators regarding the economy of Mainland China. The Ministry of Finance's remit is smaller than its counterparts in many other states. Macroeconomic management is primarily handled by the National Development and Reform Commission (NDRC). State-owned industries are the responsibility of the State-owned Assets Supervision and Administration Commission, and there are separate regulators for banking, insurance and securities. It also does not handle regulation of the money markets ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Assets Supervision And Administration Commission Of The State Council
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of various other industry-specific ministries. SASAC is responsible for managing state-owned enterprises (SOEs), including appointing top executives and approving any mergers or sales of stock or assets, as well as drafting laws related to SOEs. , its companies had a combined assets of CN¥194 trillion ( US$30 trillion), revenue of more than CN¥30 trillion (US$4.6 trillion), and an estimated stock value of CN¥65 trillion (US$10.06 trillion), making it the one of the largest economic entities in the world. Central SOEs SASAC currently oversees 97 centrally owned companies. Companies directly supervised by SASAC are continuously reduced through mergers according to the state-owned enterprise restructuring plan with the number of SASAC compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Council Of The People's Republic Of China
The State Council, constitutionally synonymous with the Central People's Government since 1954 (particularly in relation to local governments), is the chief administrative authority of the People's Republic of China. It is chaired by the premier and includes each cabinet-level executive department's executive chief. Currently, the council has 35 members: the premier, one executive vice premier, three other vice premiers, five state councilors (of whom three are also ministers and one is also the secretary-general), and 26 in charge of the Council's constituent departments. The State Council directly oversees provincial-level People's Governments, and in practice maintains membership with the top levels of the CCP. Aside from very few non-CCP ministers, members of the State Council are also members of the CCP's Central Committee. Organization The State Council meets every six months. Between meetings it is guided by a (Executive Meeting) that meets weekly. The standing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai International Port Group
Shanghai International Port (Group) Co., Ltd. (SIPG) is the exclusive operator of all the public terminals in the Port of Shanghai. It is a component of SSE 180 Index as well as CSI 300 Index and sub-index CSI 100 Index. Its headquarters are located in , Hongkou District, Shanghai, but the registered address is located in the Shanghai Free-Trade Zone, Pudong District, Shanghai. Overseas operations In 2015, SIPG won the bid for the concession to operate the port of Haifa's new Bay Terminal in Israel for 25 years starting in 2021. Football The company owns and operates the professional football club Shanghai Port. In 2018, they became the Chinese national champions by winning the 2018 edition of the Chinese Super League. Equity investments Shanghai International Port is one of the major shareholders of the Bank of Shanghai. SIPG is also a cornerstone investor of the Postal Savings Bank of China (PSBC) on the eve of PSBC's H share IPO. As of 31 December 2019, SIPG still owne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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