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Hong Kong Chinese Bank
The Hongkong Chinese Bank Limited (HKCB) (Traditional Chinese: 香港華人銀行有限公司) was a bank in Hong Kong. It was owned by HKCB Bank Holding Company Limited (), which in turn was majority owned by a joint venture company owned by listed companies Lippo China Resources and the China Resources Enterprise. The bank was acquired and merged into CITIC Ka Wah Bank. It was one of the pilot banks in Hong Kong to accept the digital signature of Hongkong Post. History *1954: Hongkong Chinese Bank was founded in Hong Kong. *1998: China Resources Enterprise acquired 50% shares of Lippo CRE (Financial Services) Limited.Lippo CRE (Financial Services) Limited is the parent company of HKCB Bank Holding Company Limited, which in turn the parent company of the bank. *January 2002: CITIC Ka Wah Bank acquired Hongkong Chinese Bank for HK$4.2 billion. *November 2002: CITIC Ka Wah Bank merged with Hongkong Chinese Bank. The banking business of CITIC Ka Wah Bank was transferred t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CITIC Ka Wah Bank
China CITIC Bank International Limited (Chinese: 中信銀行(國際), CNCBI in short) is a full-service commercial bank in Hong Kong. China CITIC Bank Corporation Limited, via its wholly-owned subsidiary CITIC International Financial Holdings Limited, is CNCBI’s controlling shareholder with a 75% stake. The CITIC Group Corporation of Beijing is CNCBI’s ultimate parent company. In 2018, CNCBI launched its mobile banking platform inMotion. CNCBI has 27 branches and two business banking centres in Hong Kong, as well as international locations. As of 30 June 2020, CNCBI’s total assets stands at HK$365.85 billion. References {{CITIC Banks established in 1998 Banks of Hong Kong CITIC Group Companies formerly listed on the Hong Kong Stock Exchange ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HKCB Bank Holding
Hongkong Chinese Limited is a Bermuda-incorporated Hong Kong listed company. It was the holding company of Hongkong Chinese Bank, which was sold in 2002. The listed company now engaged in real estate development in China and had properties in Singapore. Hongkong Chinese Limited is an indirect subsidiary of Lippo Capital, which was owned by Indonesian entrepreneur Mochtar Riady and his family members. The chairman of Hongkong Chinese Limited, Stephen Riady, is the son of Mochtar. History The HKCB Bank Holding Company Limited was incorporated in 1992 (and registered as a foreign company in Hong Kong on 20 October 1992). In 2001, the subsidiary Hongkong Chinese Bank was sold to CITIC Ka Wah Bank for HK$4.2 billion. The holding company itself was renamed to Hongkong Chinese Limited on 8 February 2002. In the same year 85% shares of Macau Chinese Bank and 85% stake of ImPac Asset Management were acquired, for MOP$190 million (from and Alvaro Pinho da Costa Leite) and US$2. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Traditional Chinese
A tradition is a belief or behavior (folk custom) passed down within a group or society with symbolic meaning or special significance with origins in the past. A component of cultural expressions and folklore, common examples include holidays or impractical but socially meaningful clothes (like lawyers' wigs or military officers' spurs), but the idea has also been applied to social norms such as greetings. Traditions can persist and evolve for thousands of years—the word ''tradition'' itself derives from the Latin ''tradere'' literally meaning to transmit, to hand over, to give for safekeeping. While it is commonly assumed that traditions have an ancient history, many traditions have been invented on purpose, whether that be political or cultural, over short periods of time. Various academic disciplines also use the word in a variety of ways. The phrase "according to tradition", or "by tradition", usually means that whatever information follows is known only by oral tradition, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hongkong Chinese Limited
Hongkong Chinese Limited is a Bermuda-incorporated Hong Kong listed company. It was the holding company of Hongkong Chinese Bank, which was sold in 2002. The listed company now engaged in real estate development in China and had properties in Singapore. Hongkong Chinese Limited is an indirect subsidiary of Lippo Capital, which was owned by Indonesian entrepreneur Mochtar Riady and his family members. The chairman of Hongkong Chinese Limited, Stephen Riady, is the son of Mochtar. History The HKCB Bank Holding Company Limited was incorporated in 1992 (and registered as a foreign company in Hong Kong on 20 October 1992). In 2001, the subsidiary Hongkong Chinese Bank was sold to CITIC Ka Wah Bank for HK$4.2 billion. The holding company itself was renamed to Hongkong Chinese Limited on 8 February 2002. In the same year 85% shares of Macau Chinese Bank and 85% stake of ImPac Asset Management were acquired, for MOP$190 million (from and Alvaro Pinho da Costa Leite) and US$2. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lippo China Resources
Lippo Limited () is a Hong Kong incorporated listed company. It is the parent company of Hongkong Chinese Limited (), () and Auric Pacific Group (), all listed companies. Founded by Indonesian Chinese Mochtar Riady, Lippo Limited was majority owned by Lippo Capital; in turn Lippo Capital was 60% owned by Mochtar's son Stephen Riady (via Lippo Capital Group), as well as his brother James Tjahaja Riady (via PT Trijaya Utama Mandiri). History Public Finance (H.K.) Limited () was incorporated on 30 January 1973.Should not be confused Public Finance (H.K.) Limited with Public Finance Limited, known as JSG Finance until 2006, a subsidiary of (), nor it was not related to People Credit Service Limited (). On 30 July 1991 the company was renamed to Lippo Limited (). In 1998 via subsidiary Lippo China Resources (), the group formed a joint venture Lippo CRE (Financial Services) Limited with China Resources Enterprise to act as the parent company of The HKCB Bank Holding Limited (now ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Resources Enterprise
China Resources Enterprise is the subsidiary and the listed company of China Resources Holdings. It is a conglomerate enterprise focusing on retailing, beverage, food processing and distribution, textiles and real estate in Hong Kong and Mainland China. Its assets include a 51% share in CR Snow, the largest brewing company in China and a joint venture with SAB Miller. It was a Hang Seng Index Constituent Stock ( blue chip) and is Hang Seng China-Affiliated Corporations Index Constitute Stock (red chip) in the Hong Kong stock market. See also *China Resources *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 links * {{authority control Companies listed on the Hong Kong Stock Exchange Conglomerate companies of China Gov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Signature
A digital signature is a mathematical scheme for verifying the authenticity of digital messages or documents. A valid digital signature, where the prerequisites are satisfied, gives a recipient very high confidence that the message was created by a known sender (authenticity), and that the message was not altered in transit (integrity). Digital signatures are a standard element of most cryptographic protocol suites, and are commonly used for software distribution, financial transactions, contract management software, and in other cases where it is important to detect forgery or tampering. Digital signatures are often used to implement electronic signatures, which includes any electronic data that carries the intent of a signature, but not all electronic signatures use digital signatures. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hongkong Post
Hongkong Post is a government department of Hong Kong responsible for postal services, though operated as a trading fund. Founded in 1841, it was known as ''Postal Department'' or ''Post Office'' () before the handover of Hong Kong in 1997. It has been a sub-member of the Universal Postal Union since 1877, and is a separate entity from China Post. History Merchants traded in Hong Kong on the two sides of Victoria Harbour as early as before the British possession in 1842. They complained about the absence of proper postal services and therefore the Postal Department was established. The department was founded on 28 August 1841, but the first post office (known as 書信館 at that time), situated near the current site of St. John's Cathedral, opened on 12 November 1841. At first, its right to operation belonged to the Royal Mail, until its transfer to the Postmaster General on 1 May 1860. On 8 December 1862, the office issued the first set of Hong Kong postal stamps. Befo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CITIC International Financial Holdings Limited
CITIC International Financial Holdings Limited (shortened to "CIFH", former stock code ) is the financial flagship company of the CITIC Group outside mainland China. It is the holding company of CITIC Bank International, has a 50% stake in CITIC Capital Holdings Limited and a 40% stake in CITIC International Assets Management Limited. CITIC Group privatized Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ... CIFH in 2008. References External links Government-owned companies of China CITIC Group Companies formerly listed on the Hong Kong Stock Exchange {{HK-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CITIC International Financial Holdings
CITIC International Financial Holdings Limited (shortened to "CIFH", former stock code ) is the financial flagship company of the CITIC Group outside mainland China. It is the holding company of CITIC Bank International, has a 50% stake in CITIC Capital Holdings Limited and a 40% stake in CITIC International Assets Management Limited. CITIC Group privatized Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ... CIFH in 2008. References External links Government-owned companies of China CITIC Group Companies formerly listed on the Hong Kong Stock Exchange {{HK-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macau Chinese Bank
The Macau Chinese Bank Limited (; Portuguese: Banco Chinês de Macau, S.A.) is a bank in Macau, China. The bank was formerly known as Finibanco (Macau) (). It was acquired by Winwise Holdings Limited, the subsidiary of Hongkong Chinese Limited, in 2002 and renamed The Macau Chinese Bank, Limited. In 2007, Value Convergence Holdings, a subsidiary of Melco International Development, signed an agreement to acquire 60% stake of Macau Chinese Bank. However, in 2008, Value Convergence Holdings declared to give up the acquisition because Monetary Authority of Macao did not agree it before the agreement expiry date. In 2015 the Chinese state-owned Nam Yue Group acquired a 56% stake in the bank from Hongkong Chinese Limited in two tranches. Two other natural persons also acquired 24% stake of the bank. See others *Hongkong Chinese Bank - now merged to CITIC Ka Wah Bank China CITIC Bank International Limited (Chinese: 中信銀行(國際), CNCBI in short) is a full-service commercial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
