China National Materials Group Corporation
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China National Materials Group Corporation
China National Materials Group or Sinoma, established in 1983, is a central government-administered enterprise directly under the administration of the State-owned Assets Supervision and Administration Commission of the State Council of the People's Republic of China. It is the world's largest cement equipment and engineering service provider and China's leading non-metal materials manufacturer. It is also the only enterprise that possesses a series of core technologies and complete innovation system in non-metal materials industry in China. The group's subsidiaries listed as A shares in the Shanghai Stock Exchange and the Shenzhen Stock Exchange are Sinoma International Engineering (), Ningxia Saima Industry () and Xinjiang Guotong Pipeline (). Another of the group's subsidiaries, China National Materials (), was listed as H shares in the Hong Kong Stock Exchange on 20 December 2007 while the IPO price was HK$4.5 per share. It attracted six investors including China Constructi ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a Government, 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 (economics), profit for the Government, government, control monopoly of the Private sector, 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 Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is reported as the fastest growing stock exchange in Asia. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME. The physical trading floor at Exchange Square was closed in October 2017. History The Hong Kong securities market can be traced back to 1866, but the stock market was formally set up in 1891, when the Association of Stockbrokers in Hong Kong was established. It was renamed as The Hong Kong Stock Exchange in 1914. By 1972, Hong Kong had four stock exchanges in operation. There were subsequen ...
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Advanced Materials Industry In China
As an important part of the national sustainable development strategy, the development of advanced materials is advancing the competitive nature and state of the art for Chinese industry. The State has put advanced materials high on its development agenda for the next decade and listed it among the key high-tech industry sectors that would be given priority for development by the State Council. At present, the pace of building China's advanced materials industry is accelerating. Advanced materials have been key fields in China's national R&D system (National High Technology Research and Development Program (863 Program) and National Basic Research Program ( 973 Program)). R&D leaders *Shanghai Institute of Ceramics, Chinese Academy of Sciences *State Key Laboratory of High Performance Ceramics and Superfine Microstructures *National Engineering Research Center for Biomaterials *National Industrial Ceramics Engineering Technology Center *The State Key Lab of New Ceramics and Fine ...
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Turnkey
A turnkey, a turnkey project, or a turnkey operation (also spelled turn-key) is a type of project that is constructed so that it can be sold to any buyer as a completed product. This is contrasted with build to order, where the constructor builds an item to the buyer's exact specifications, or when an incomplete product is sold with the assumption that the buyer would complete it. A turnkey project or contract as described by Duncan Wallace (1984) is: Turnkey contract is typically a construction contract under which a contractor is employed to plan, design and build a project or an infrastructure and do any other necessary development to make it functional or ‘ready to use’ at an agreed price and by a fixed date. In Turnkey contracts, most of the time employer provides the primary design. The contractor must follow the primary design provided by the employer. A turnkey computer system is a complete computer including hardware, operating system and application(s) designed a ...
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Basketball
Basketball is a team sport in which two teams, most commonly of five players each, opposing one another on a rectangular Basketball court, court, compete with the primary objective of #Shooting, shooting a basketball (ball), basketball (approximately in diameter) through the defender's hoop (a basket in diameter mounted high to a Backboard (basketball), backboard at each end of the court, while preventing the opposing team from shooting through their own hoop. A Field goal (basketball), field goal is worth two points, unless made from behind the 3 point line, three-point line, when it is worth three. After a foul, timed play stops and the player fouled or designated to shoot a technical foul is given one, two or three one-point free throws. The team with the most points at the end of the game wins, but if regulation play expires with the score tied, an additional period of play (Overtime (sports), overtime) is mandated. Players advance the ball by bouncing it while walking ...
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Houston Rockets
The Houston Rockets are an American professional basketball team based in Houston. The Rockets compete in the National Basketball Association (NBA) as a member team of the league's Western Conference Southwest Division. The team plays its home games at the Toyota Center, located in Downtown Houston. Throughout its history, Houston has won two NBA championships and four Western Conference titles. It was established in 1967 as the San Diego Rockets, an expansion team originally based in San Diego. In 1971, the Rockets relocated to Houston. The Rockets won only 15 games in their debut season as a franchise in 1967. In the 1968 NBA draft, the Rockets were awarded the first overall pick and selected power forward Elvin Hayes, who would lead the team to its first playoff appearance in his rookie season. The Rockets did not finish a season with a winning record for almost a decade until the 1976–77 season, when they traded for All-Star center Moses Malone. Malone went on to ...
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Leslie Lee Alexander
Leslie Lee Alexander (born June 30, 1943) is an American attorney, businessman and financier. He is a former bond trader from New Jersey. He formerly owned the National Basketball Association (NBA) team Houston Rockets for 24 years, from 1993 to 2017. Early life He was born in 1943, to a Jewish family in New York City. In 1965, he graduated from New York University with a bachelor's degree in economics and later earned his juris doctor from the San Diego campus of Western State University College of Law, now known as Thomas Jefferson School of Law. Career Alexander began his career as an attorney. From 1978 to 2009, he was a member of the California State Bar. His first job was trading options and bonds for the Wall Street firm, Lawrence Kotkin Associates. In 1980, he left to form his own investment company, The Alexander Group. He also owns an 18.5% stake iFirst Marblehead a private student loan company. In the July before the 1993-94 NBA season, Alexander bought the Houston ...
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Government Of Singapore Investment Corporation
GIC Private Limited is a sovereign wealth fund in Singapore that manages its foreign reserves. Established by the Government of Singapore in 1981 as the Government of Singapore Investment Corporation, its mission is to preserve and enhance the international purchasing power of the reserves with the aim of achieving good long-term returns above global inflation over the investment time horizon. With a network of 10 offices in key financial capitals worldwide, GIC invests internationally in developed market equities, emerging market equities, nominal bonds and cash, inflation-linked bonds, private equity and real estate. The Sovereign Wealth Fund Institute (SWFI) had estimated the fund's assets at US$690 billion as of June 2022 while Forbes estimated the fund's assets at US$744 billion after legislation were passed to transfer about USD137b from the central bank. Besides GIC, Singapore also owns another sovereign wealth fund Temasek Holdings with managed assets at about U ...
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Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant #Citicorp, Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Citigroup is Delaware General Corporation Law, incorporated in Delaware. Citigroup is the List of largest banks in the United States, third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four (banking)#United States, Big Four banking institutions of the United States. It is considered a Systemically important financial institution, systemically important bank by the Financial Stability Board and is commonly cited as ...
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China Communications Construction
China Communications Construction Company, Ltd. (CCCC) is a majority state-owned, publicly traded, multinational engineering and construction company primarily engaged in the design, construction and operation of infrastructure assets, including highways, bridges, tunnels, railways (especially high-speed rail), subways, airports, oil platforms, and marine ports. CCCC has been a contractor for numerous Belt and Road Initiative projects. History CCCC's predecessors can be traced back to the Qing Dynasty, when the Junpu Engineering Bureau was established in 1905. The company was officially formed in 2005 by the merger of China Road and Bridge Corporation (CRBC) and China Harbour Engineering Company (CHEC), which focus on transportation infrastructure and marine infrastructure, respectively. In 2006, the company listed shares on the Hong Kong Stock Exchange, followed by a listing on the Shanghai Stock Exchange in 2012. The company has numerous subsidiaries including John Holland G ...
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China Life Insurance
China Life Insurance Company Limited (short China Life, ) is a Beijing-headquartered China-incorporated company that provides life insurance and Annuity (financial contracts), annuity products. China Life is ranked No. 94 on Fortune 2015 Global 500 Company list. See also *People's Insurance Company of China References External links * China Life Insurance official websitee-chinalife.com
{{authority control Companies listed on the Hong Kong Stock Exchange Companies listed on the Shanghai Stock Exchange Companies in the CSI 100 Index Companies in the Hang Seng Index Government-owned companies of China H shares Life insurance companies of China Companies based in Beijing Chinese companies established in 1949 Financial serv ...
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China Construction Bank
China Construction Bank Corporation (CCB) is one of the " big four" banks in China. In 2015, CCB was the 2nd largest bank in the world by market capitalization and 6th largest company in the world. The bank has approximately 13,629 domestic branches. In addition, it maintains overseas branches in Barcelona, Frankfurt, Luxembourg, Hong Kong, Johannesburg, New York City, Seoul, Singapore, Tokyo, Melbourne, Kuala Lumpur, Santiago de Chile, Brisbane, Sydney and Auckland, and a wholly owned subsidiary in London. Its total assets reached CN¥ 8.7 trillion in 2009, and it is considered a systemically important bank by the Financial Stability Board. Its headquarters is in Xicheng District, Beijing. History CCB was founded on 1 October 1954 under the name of People's Construction Bank of China (), and later changed to China Construction Bank on 26 March 1996. In January 2002, CCB Chairman Wang Xuebing resigned from the bank after being charged with accepting bribes while he was ...
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