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Jardine Matheson Holdings Limited
Jardine Matheson Holdings Limited (also known as Jardines) is a Hong Kong-based Bermuda-domiciled British multinational conglomerate. It has a primary listing on the London Stock Exchange and secondary listings on the Singapore Exchange and Bermuda Stock Exchange. The majority of its business interests are in Asia, and its subsidiaries include Jardine Pacific, Jardine Motors, Hongkong Land, Jardine Strategic Holdings, DFI Retail Group, Mandarin Oriental Hotel Group, Jardine Cycle & Carriage and Astra International. It set up the Jardine Scholarship in 1982 and Mindset, a mental health-focused charity, in 2002. Jardines was one of the original Hong Kong trading houses or Hongs that date back to Imperial China. 58 per cent of the company's profits were earned in China in 2019. The company is controlled by the Keswick family, who are descendants of co-founder William Jardine's older sister, Jean Johnstone. Jardine Matheson is a ''Fortune'' Global 500 company. In 2013, both ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jardine House
Jardine House (), formerly known as Connaught Centre (), is an office tower in Hong Kong. The building is located at 1 Connaught Place, Central on Hong Kong Island. It is owned by Hongkong Land Limited, a subsidiary of Jardines. At the time of its completion in 1972, Jardine House was the tallest building in Hong Kong and in Asia. In 1980, the Hopewell Centre usurped the title of the tallest building in Hong Kong. The building is interconnected by the Central Elevated Walkway with buildings of Hongkong Land Limited like Exchange Square and the International Finance Centre. There is also another Jardine House in Hamilton, Bermuda, which serves as the registered office for Jardines' Bermuda-domiciled businesses (most of Jardines' businesses including Jardine Matheson Holdings and Hongkong Land are incorporated and domiciled in Bermuda). History Previous Jardine Houses The first three generations of Jardine Houses were situated at 20 Pedder Street, at the corner of Des Vo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Reid (merchant)
John Reid (1757-11 April 1821), known to his family and friends as Jack, was a Scottish merchant in Canton in the late eighteenth century, where he was in partnership with John Henry Cox and Daniel Beale. Reid was born in Tain in Ross-shire, Scotland in 1757, the second son of John Reid (1725 – 1779) a Bailie of Tain, and his wife Mary Ross (1725 – 1808). Early career By 1779 he was in Canton acting as the Austrian Emperor's Consul and was in partnership with a man named Bourgoyne of the French Hong. He was also the agent for Willem Bolts's Trieste Company. In January 1781 John Henry Cox, son of the well known London clockmaker James Cox who had become bankrupt in Canton in 1774, arrived in Macau to try to retrieve some of his father's bad debts and to sell off his remaining stock. He and Jack Reid went into partnership under the name Cox and Reid. The firm acted as agents for India-based shippers who were bringing in raw cotton, cotton piece goods and opium. The part ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Henry Cox
John Henry Cox (c. 17505 October 1791) was an English explorer who charted Great Oyster Bay, Maria Island, and Marion Bay on the east coast of Tasmania in 1789, aboard his armed brig HMS ''Mercury''. Early years John Henry Cox was born c. 1750, the son of a rich jewellery merchant in London. His father James had a factory in Shoe Lane, which specialised in the manufacture of clocks and automatons (known as "sing-songs" in pidgin English), designed as bribes for Chinese mandarins who were in control of the native merchants with whom Europeans were obliged to deal in trade negotiations in Canton. He even published a work on his activity. When his father died towards the end of the 1770s, Cox turned to the East India Company for permission to stay in China for three years to sell the residue of his father's stock of clocks, and ostensibly "for his health's sake". In May 1780 he was given permission to stay for two years and February 1781 saw him installed at Canton as a mercha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Capitalisation
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Since outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is also u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jardine Strategic
Jardine Strategic Holdings Limited (, , ) is an investment holding company. It is a subsidiary of Jardine Matheson. The company holds substantial interests in Dairy Farm, a pan-Asian retail group, Hongkong Land, a property group, Mandarin Oriental, a hotel chain, and Jardine Cycle & Carriage, a Singapore-listed diversified group. It also owns a significant shareholding in Jardine Matheson Holdings Limited, its own corporate parent, providing an element of control to the Keswick family. This expertise in protecting family owners was shared in 2005 when it took a 20% stake in Rothschild Continuation Holdings, a major merchant bank A merchant bank is historically a bank dealing in commercial loans and investment. In modern British usage it is the same as an investment bank. Merchant banks were the first modern banks and evolved from medieval merchants who traded in commodi .... Jardine Strategic Holding % in Jardine's * HongKong Land - 50% * Dairy Farm - 78% * Mandarin Oriental ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortune Global 500
The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by ''Fortune'' magazine. Methodology Until 1989, it listed only non-United States industrial corporations under the title "International 500" while the ''Fortune'' 500 contained and still contains exclusively United States corporations. In 1990, United States companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue. Several inconsistencies exist in ''Fortune'' ranking of cities with the most ''Fortune'' 500 headquarters. On June 3, 2011, the ''Atlanta Business Chronicle'' stated examples of ''Fortune'' including regional headquarters for some cities, excluding regional headquarters for other cities and in some cases excluding headquarte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imperial China
The earliest known written records of the history of China date from as early as 1250 BC, from the Shang dynasty (c. 1600–1046 BC), during the reign of king Wu Ding. Ancient historical texts such as the '' Book of Documents'' (early chapters, 11th century BC), the '' Bamboo Annals'' (c. 296 BC) and the ''Records of the Grand Historian'' (c. 91 BC) describe a Xia dynasty before the Shang, but no writing is known from the period, and Shang writings do not indicate the existence of the Xia. The Shang ruled in the Yellow River valley, which is commonly held to be the cradle of Chinese civilization. However, Neolithic civilizations originated at various cultural centers along both the Yellow River and Yangtze River. These Yellow River and Yangtze civilizations arose millennia before the Shang. With thousands of years of continuous history, China is among the world's oldest civilizations and is regarded as one of the cradles of civilization. The Zhou dynasty (1046–256 BC) supp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong (business)
A ''hong'' () originally designates both a type of building and a type of Chinese merchant intermediary in Guangzhou Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong Kon ... (formerly known as Canton), Guangdong, China, in the 18–19th century, specifically during the Canton System period. Guangzhou The name ''hong'' () originally referred to the row of factories built outside of the city walls of Guangzhou 广州 (Canton), near the Pearl River. The Thirteen Factories were used during the Canton System period to host foreign traders and the products purchased, under the aegis of the ''cohong''. The Hong (or Factories) were usually owned by hong merchants such as Pan Zhencheng (Poankeequa 1). The Guangzhou Hong changed location several times after fires, and became less important ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jardine Scholarship
The Jardine Scholarship is a full scholarship, primarily for undergraduates, offered by Jardines for study at the Universities of Oxford and Cambridge. It was established in 1982 to commemorate the company's 150th anniversary and was founded with the objective of developing future leaders, who would give back to the societies in which Jardine Matheson operates. By 2018, 293 Jardine Scholarships had been awarded. Selection and selectivity The scholarship is available for study in only four colleges in the University of Oxford and four in the University of Cambridge, with some exceptions. These are Exeter College, Oxford, Oriel College, Oxford, The Queen's College, Oxford, Trinity College, Oxford, Trinity College, Cambridge, Magdalene College, Cambridge, Peterhouse, Cambridge and Downing College, Cambridge. It is limited also to the countries in which Jardine Matheson has a significant presence; these include Hong Kong, China, Singapore, Indonesia, Thailand, Vietnam, Cambodia, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
