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China Everbright Group
China Everbright Group is a Chinese state-owned enterprise. Everbright Group was a subsidiary (55.67 percent) of Central Huijin Investment. The Ministry of Finance of China owned the rest of the stake, which Central Huijin acquired on 8 December 2014. China Everbright Group was ranked 194th in 2021 Fortune Global 500. History China Everbright Holdings was established in British Hong Kong in 1983, by three proxy persons for the Government of China: Wang Guangying, Zhang Lansheng () and Ren Xiguang (), with Wang "owned" most of the shares until 1990, which was transferred to Qiu Qing (), the second chairman of the company. Wang was the chairman and one of the 5 executive directors along with Kong Dan and three others in 1985, which was ratified by the State Council of the People's Republic of China. The State Council ratified the establishment of Everbright by a State Council document numbered No.89 983 (, not published to the public). The group now had a parent company incorp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beijing Financial Street
Beijing Financial Street (BFS) () is where Chinese regulatory agencies are located. It is located inside Beijing's innermost 2nd Ring Road. According to the 13th 5 years plan, Beijing Financial Street will be positioned more towards a regulatory agencies' precinct. The central bank's headquarters as well as three national regulatory commissions of the central government are located here. They are the People's Bank of China (PBoC), the China Banking Regulatory Commission (CBRC), the China Securities Regulatory Commission (CSRC), and the China Insurance Regulatory Commission (CIRC). Beijing Financial Street is being developed by Beijing Financial Street Holding Company, Ltd. The architectural firm of Skidmore, Owings & Merrill; along witSWA landscape architects prepared the urban plan, landscape and the building design guidelines for the Central Park area of Financial Street currently in construction with build-out scheduled for 2008. The building facilities are designed arou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Everbright Bank
China Everbright Bank Co., Ltd. is one of twelve Chinese joint-stock commercial bank. Established in August 1992, it is a national joint-stock commercial bank approved by the State Council and approved by the People's Bank of China, headquartered in Beijing. It was ranked in 139th in 2016 Forbes Global 2000 publicly held companies. Sister company Everbright Securities ranked 862th. As of August 2016, it was a constituent of the Hang Seng China 50 Index for all Chinese companies among the three stock exchanges of China, as well as a constituent of the FTSE China A50 Index among two stock exchanges in mainland China and lastly a constituent of the SSE 50 Index of Shanghai. The bank also a constituent of the CSI 300 Index (and its sub-index CSI 100 Index) and other indices. Shareholders China Everbright Group and its subsidiaries owned 27.97% stake in the bank, Everbright Group's parent company, Central Huijin Investment owned 21.96% stake directly as the second largest shareholder ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Everbright Group
China Everbright Group is a Chinese state-owned enterprise. Everbright Group was a subsidiary (55.67 percent) of Central Huijin Investment. The Ministry of Finance of China owned the rest of the stake, which Central Huijin acquired on 8 December 2014. China Everbright Group was ranked 194th in 2021 Fortune Global 500. History China Everbright Holdings was established in British Hong Kong in 1983, by three proxy persons for the Government of China: Wang Guangying, Zhang Lansheng () and Ren Xiguang (), with Wang "owned" most of the shares until 1990, which was transferred to Qiu Qing (), the second chairman of the company. Wang was the chairman and one of the 5 executive directors along with Kong Dan and three others in 1985, which was ratified by the State Council of the People's Republic of China. The State Council ratified the establishment of Everbright by a State Council document numbered No.89 983 (, not published to the public). The group now had a parent company incorp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shenwan Hongyuan
Shenwan Hongyuan () is a securities brokerage company in China which engages in the operation of large-scale comprehensive securities broking and trading services. The company was founded in 1996 and is headquartered in Xinjiang, China. History Shenwan Hongyuan is the result of multiple mergers of Chinese securities firms. The company was first established on September 16, 1996 as Shenyin & Wanguo Securities via a merger between Shenyin Securities and Wanguo Securities. The merger happened in response to the "327 incident" which occurred in 1995. It involved a placement of a huge sell order on three-year government bond futures shortly before the close of trading on February 23. The transactions were discovered Shanghai Stock Exchange and nullified resulting in Wanguo Securities almost going bankrupt. Wanguo Securities' president, Guan Jinsheng was sentenced to 17 years in jail for market manipulation and his firm was forced to merge with Shenyin Securities. In 1998, the compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint-stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Communist Party Of China
The Chinese Communist Party (CCP), officially the Communist Party of China (CPC), is the founding and sole ruling party of the People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victorious in the Chinese Civil War against the Kuomintang, and, in 1949, Mao proclaimed the establishment of the People's Republic of China. Since then, the CCP has governed China with eight smaller parties within its United Front and has sole control over the People's Liberation Army (PLA). Each successive leader of the CCP has added their own theories to the party's constitution, which outlines the ideological beliefs of the party, collectively referred to as socialism with Chinese characteristics. As of 2022, the CCP has more than 96 million members, making it the second largest political party by party membership in the world after India's Bharatiya Janata Party. The Chinese public generally refers to the CCP as simply "the Party". In 1921, Chen Duxiu and Li Da ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Economic And Trade Commission
The National Development and Reform Commission of the People's Republic of China (NDRC), formerly State Planning Commission and State Development Planning Commission, is a macroeconomic management agency under the State Council, which has broad administrative and planning control over the economy of Mainland China. It has reputation of being the "mini-state council". The candidate for the chairperson of the NDRC is nominated by the Premier of the People's Republic of China and approved by the National People's Congress. Since February 2017 the commission has been headed by He Lifeng. Synopsis The NDRC's functions are to study and formulate policies for economic and social development, maintain the balance of economic development, and to guide restructuring of the economic system of Mainland China. The NDRC has twenty-six functional departments/bureaus/offices with an authorized staff size of 890 civil servants. Prior to 2018, it was also responsible for enforcing China's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Insurance Regulatory Commission
The China Insurance Regulatory Commission (CIRC) was an agency of China authorized by the State Council to regulate the Chinese insurance products and services market and maintain legal and stable operations of insurance industry. It was founded on November 18, 1998, upgraded from a semi-ministerial to a ministerial institution in 2003, and currently has 31 local offices in every province. On 17 March 2018, the 13th National People's Congress announced a plan to overhaul China's financial regulatory system. The China Insurance Regulatory Commission (CIRC), and the banking regulator, the China Banking Regulatory Commission (CBRC), were merged into the China Banking and Insurance Regulatory Commission (CBIRC) with an aim to resolve problems such as unclear responsibilities and cross-regulation. The CBIRC was officially established on 8 April 2018. Functions The main functions of the CIRC were: Structure Internal Setup of the CIRC is: *General Office *Development and Reform Depar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Securities Regulatory Commission
The China Securities Regulatory Commission (CSRC) is a government ministry of the State Council of the People's Republic of China (PRC). It is the main regulator of the securities industry in China. History China's first Securities Law was passed December 1998, and became effective July 1, 1999. It is the nation's first comprehensive securities legislation, and grants CSRC "authority to implement a centralized and unified regulation of the nationwide securities market in order to ensure their lawful operation". The CSRC oversees China's nationwide centralized securities supervisory system, with the power to regulate and supervise securities issuers, as well as to investigate, and impose penalties for "illegal activities related to securities and futures"., note 1. The CSRC is empowered to issue opinions or "Guideline Opinions", which are not legally binding, as guidelines for publicly-traded corporations. Indicative of the role of the CSRC, China's highest court, the Suprem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Bank Of China
The People's Bank of China (officially PBC or informally PBOC; ) is the central bank of the People's Republic of China, responsible for carrying out monetary policy and regulation of financial institutions in mainland China, as determined by the People's Bank Law and the Commercial Bank Law. It is a cabinet-level executive department of the State Council. History The bank was established on December 1, 1948, based on the consolidation of the Huabei Bank, the Beihai Bank and the Xibei Farmer Bank. The headquarters was first located in Shijiazhuang, Hebei, and then moved to Beijing in 1949. Between 1950 and 1978 the PBC was the only bank in the People's Republic of China and was responsible for both central banking and commercial banking operations. All other banks within Mainland China such as the Bank of China were either organized as divisions of the PBC or were non-deposit taking agencies. From 1952 to 1955 government shares were added to private banks to make state-p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Everbright Securities
Everbright Securities Company Limited is a securities brokerage by assets in China, controlled by state-owned enterprise, state-owned financial Conglomerate (company), conglomerate, China Everbright Group. It was founded in 1996 and is based in Shanghai. It was listed on the Shanghai Stock Exchange in 2009 with capital raising of . It was the second Initial public offering, IPO by a Chinese brokerage, following CITIC Securities in 2002. On 2 February 2015, Everbright Securities Co Ltd announced its agreement to buy Sun Hung Kai Financial's 70% stake for HK$4.1 billion. See also * Securities industry in China References External links * {{authority control Companies in the CSI 100 Index Companies listed on the Hong Kong Stock Exchange Companies listed on the Shanghai Stock Exchange Financial services companies established in 1996 Government-owned companies of China Financial services companies of China Companies based in Shanghai H shares Investment banks in China C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Everbright International
China Everbright International Limited is a Hong Kong incorporated company that specialized in environmental resource management in mainland China. Its head office is the in Admiralty, Hong Kong, Admiralty on Hong Kong Island. On the mainland it has offices in Beijing, Jinan, Nanjing, and Shenzhen. History China Everbright Group, China Everbright Holdings, a Chinese state-owned enterprise based in Hong Kong, takeover a listed company in Hong Kong in 1993 ( , incorporated in 1961) and injected part of the group's business into the listed company. In 2012, vice-chairman Li Xueming resigned, following rumour on his true name and identity as the elder brother of arrested government officials Bo Xilai. In 2017, Everbright Greentech () was split from the company. References External links * {{authority control Companies listed on the Hong Kong Stock Exchange Government-owned companies of China Waste management companies of China Service companies of Hong Kong China Everbri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
