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Guangdong Holdings
Guangdong Holdings Limited is a Chinese holding company. Guangdong Holdings is the parent company of Hong Kong incorporated GDH Limited (), in turn it was the parent company of listed companies Guangdong Investment (), Guangnan Holdings (), Guangdong Tannery () and Guangdong Land Holdings (). In additional Huajin Technology was traded in Chinese OTC market (). Guangdong Holdings itself was owned by Guangdong Provincial People's Government. History Guangdong Enterprises The predecessor of Guangdong Holdings, was a company incorporated on 3 June 1980 as Guangdong Enterprises Limited (), a company incorporated in Hong Kong, as a "window company" of the mainland China (more precisely, the Guangdong Province) to trade with the outside world. In 1985 Guangdong Enterprises was renamed to Guangdong Enterprises (Holdings) Limited (). In 1988 Guangdong Enterprises acquired a listed company () as a special purpose vehicle that Guangdong Enterprises backdoor listing its assets. Guangdo ...
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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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Liaison Office (Hong Kong)
The Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region (; abbr. LOCPG or 香港中聯辦) is the agency that represents the Chinese Central People's Government in Hong Kong. It replaced the New China News Agency (NCNA) as the representative of the Chinese government in Hong Kong in 2000. Roles The Liaison Office was established in 2000 as the replacement of the New China News Agency (NCNA), the unofficial representative of the PRC government in Hong Kong during the colonial period since 1949. It followed the NCNA to promote the pro-Beijing united front and coordinate pro-Beijing candidates, mobilising supporters to vote for "patriotic" political parties and clandestinely orchestrating electoral campaigns. It also controls pro-Beijing media companies in Hong Kong. It is also responsible for running the Chinese Communist Party cells in Hong Kong. The Liaison Office is headquartered in Sai Ying Pun, and holds numerous other properti ...
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Conglomerate Companies Of China
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable acti ...
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Companies Owned By The Provincial Government Of China
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Guangdong Rising Asset Management
Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) across a total area of about , Guangdong is the most populous province of China and the 15th-largest by area as well as the second-most populous country subdivision in the world (after Uttar Pradesh in India). Its economy is larger than that of any other province in the nation and the fifth largest sub-national economy in the world with a GDP (nominal) of 1.95 trillion USD (12.4 trillion CNY) in 2021. The Pearl River Delta Economic Zone, a Chinese megalopolis, is a core for high technology, manufacturing and foreign trade. Located in this zone are two of the four top Chinese cities and the top two Chinese prefecture-level cities by GDP; Guangzhou, the capital of the province, and Shenzhen, the first special economic zone in the countr ...
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Guangdong Provincial Railway Construction Investment Group
Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) across a total area of about , Guangdong is the most populous province of China and the 15th-largest by area as well as the second-most populous country subdivision in the world (after Uttar Pradesh in India). Its economy is larger than that of any other province in the nation and the fifth largest sub-national economy in the world with a GDP (nominal) of 1.95 trillion USD (12.4 trillion CNY) in 2021. The Pearl River Delta Economic Zone, a Chinese megalopolis, is a core for high technology, manufacturing and foreign trade. Located in this zone are two of the four top Chinese cities and the top two Chinese prefecture-level cities by GDP; Guangzhou, the capital of the province, and Shenzhen, the first special economic zone in the count ...
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Hengjian Holding
Guangdong Hengjian Investment Holding Co., Ltd. known as Hengjian Holding is one of the holding companies of Guangdong Provincial People's Government. The company acts as one of the investment vehicles of the provincial government in railways of Guangzhou–Dongguan–Shenzhen Intercity Railway, Dongguan–Huizhou Intercity Railway and Guangzhou–Foshan–Zhaoqing Intercity Railway, by invested in Guangdong Pearl River Delta Intercity Railway as minority shareholder. Hengjian Holding issued 8-year medium term note of the same amount in 2009. The other shareholders of Guangdong Pearl River Delta Intercity Railway were sister company Guangdong Provincial Railway Construction Investment Group and central-government owned Guangzhou Railway Group. Subsidiaries * Guangdong Yudean Group (76.00%) Equity investments * China Aviation Industry General Aircraft (10.00%) * China General Nuclear Power Group (10.00%) * CGN Power (10.00%) * China Southern Power Grid (38.40%) * Guangdong P ...
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Guangdong Building Industries
Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) across a total area of about , Guangdong is the most populous province of China and the 15th-largest by area as well as the second-most populous country subdivision in the world (after Uttar Pradesh in India). Its economy is larger than that of any other province in the nation and the fifth largest sub-national economy in the world with a GDP (nominal) of 1.95 trillion USD (12.4 trillion CNY) in 2021. The Pearl River Delta Economic Zone, a Chinese megalopolis, is a core for high technology, manufacturing and foreign trade. Located in this zone are two of the four top Chinese cities and the top two Chinese prefecture-level cities by GDP; Guangzhou, the capital of the province, and Shenzhen, the first special economic zone in the countr ...
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Kingway Brewery
Kingway Brewery Holdings Limited () is a leading beer maker in China. It is a subsidiary of government-owned Guangdong Holdings Group, the biggest Hong Kong-based enterprise owned by the Guangdong provincial government. The Dutch brewing company Heineken International owns a 21% share in the company. It produces, distributes and markets beer in more than 20 provinces under such labels as "Kingway", "Kingway Draft", and "Super Fresh Kingway". In February 2013, Kingway Brewery announced that the company had agreed to be taken over by China Resources Enterprise, Ltd in a deal worth $863.2 million. See also *Beer and breweries in China Beer in China has become increasingly popular in the last century due to the popularity of local and imported brands. Chinese beer has also seen a rise in popularity internationally in the last few decades. While most Chinese beers are pale lage ... References External linksKingway Brewery Holdings Limited {{authority control Companies ...
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Dong River (China)
The Dong River is the eastern tributary of the Pearl River in Guangdong province, southern China. The other two main tributaries of Pearl River are Xi River and Bei River. The headwater is located in Mount Sanbai () in Anyuan County, Jiangxi. The Dong River is a major source of water for megacities in Pearl River Delta, including Hong Kong, Shenzhen, and Guangzhou. The Hong Kong Government has purchased Dong River water from Guangdong since 1965. Over 70 percent of domestic water in Hong Kong is imported from the Dong River. Its discharge totals roughly . Historical findings A dinosaur egg fossil dated back to the Late Cretaceous was discovered by primary school student named Zhang Yangzhe while playing near the Dong River in 2019 in July. The boy's mother, Li Xiaofang, later contacted the Heyuan Dinosaur Museum members, and under their excavation guidance more than 10 dinosaur egg fossils each about 9 centimeters in diameter and dating back to 66 million years were reveal ...
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1997 Asian Financial Crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided. The crisis started in Thailand (known in Thailand as the ''Tom Yam Kung crisis''; th, วิกฤตต้มยำกุ้ง) on 2 July, with the financial collapse of the Thai baht after the Thai government was forced to float the baht due to lack of foreign currency to support its currency peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, most of Southeast Asia and later South Korea and Japan saw slumping currencies, devalued stock markets and other asset prices, and a precipitous rise in private debt. South Korea, Indonesia and Thailand were ...
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1,000,000,000
1,000,000,000 (one billion, short scale; one thousand million or one milliard, one yard, long scale) is the natural number following 999,999,999 and preceding 1,000,000,001. With a number, "billion" can be abbreviated as b, bil or bn. In standard form, it is written as 1 × 109. The metric prefix giga indicates 1,000,000,000 times the base unit. Its symbol is G. One billion years may be called an ''eon'' in astronomy or geology. Previously in British English (but not in American English), the word "billion" referred exclusively to a million millions (1,000,000,000,000). However, this is no longer common, and the word has been used to mean one thousand million (1,000,000,000) for several decades. The term ''milliard'' can also be used to refer to 1,000,000,000; whereas "milliard" is rarely used in English, variations on this name often appear in other languages. In the South Asian numbering system, it is known as 100 crore or 1 arab. 1,000,000,000 is also the cube of 1000 ...
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