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Orient Overseas (International) Limited
Orient Overseas (International) Limited (OOIL) is a Hong Kong, China based investment holding company involved in international transportation and logistics, and property investment and property development. It is the parent company of Orient Overseas Container Line (OOCL), one of the world's largest container shipping companies. History Orient Overseas Founder of Orient Overseas, Tung Chao-yung, operated the first all-Chinese crewed ship between Hong Kong and Europe and the east coast of the United States in 1947. However, Tung Chao-yung already established his Hong Kong operation in 1937. He was the vice-president of Shipowners Association in Tianjin at that time. Tung Chao-yung then named the company Orient Overseas Line. In 1969, the business was renamed as Orient Overseas Container Line. The holding company of the group, Orient Overseas Container (Holdings) Limited, was incorporated on 27 February 1973. It was a listed company in Hong Kong, and Kam Ngan stock exchan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 subse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Of Hong Kong
The Chief Executive of the Hong Kong Special Administrative Region is the representative of the Hong Kong Special Administrative Region and head of the Government of Hong Kong. The position was created to replace the office of governor of Hong Kong, the representative of the monarch of the United Kingdom during British rule.Bill 1999 " Info.gov.hk. Retrieved 28 March 2010. The office, stipulated by the , formally came into being on 1 July 1997 when the sovereignty of Hong Kong was transferred from the |
Tung Chee-chen
Tung Chee-chen, GBS, SBS, JP (; born 15 December 1942) is a Hong Kong billionaire businessman. He is the chairman and chief executive of shipping company Orient Overseas and a member of the One Country Two Systems Research Institute, a pro-Beijing political thinktank. He is Monaco's honorary consul to Hong Kong. Early life Tung is the second son of shipping tycoon Tung Chao-yung, and the younger brother of Tung Chee-hwa, the first chief executive of the Hong Kong Special Administrative Region. Their ancestral hometown is Ningbo in China's Zhejiang Province. He earned a bachelor's degree from the University of Liverpool and master's in mechanical engineering from MIT. Career Tung served as chairman of the Hong Kong Shipowners' Association from 1993 until 1995. He was chairman of the Hong Kong General Chamber of Commerce from 1999 to 2001. In 1996, Tung was appointed chairman and CEO of Orient Overseas (International) Limited, one of the largest shipping companies i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hongkong International Terminals
Hongkong International Terminals Limited (HIT) () is one of several key container port operators in the Port of Hong Kong owned by Hutchison Port Holdings, which is the largest port operator in Hong Kong and the world. HIT operates 12 berths in Terminal 4, 6, 7 and 9 (North) of Kwai Tsing Container Terminals. It also set up a joint-venture (COSCO-HIT) with COSCO Pacific to operate 2 berths in Terminal 8 (East). In 2005, Hutchison Whampoa sold 20% shares of HIT (including the 20% of 50% = 10% rights of Terminal 8 East) to PortCapital Ltd (a company that major shareholder was PSA International at that time). A year later, Hutchison Whampoa sold 20% shares of its wholly subsidiary Hutchison Port Holdings to PSA International. In 2009, China Resources China Resources Holdings Company Limited (), or simply China Resources, is a Chinese state-owned conglomerate that owns a variety of businesses in Hong Kong and Mainland China. Some of its subsidiaries use the name in the f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kwai Tsing Container Terminals
Kwai Tsing Container Terminals is the main port facilities in the reclamation along Rambler Channel between Kwai Chung and Tsing Yi Island, Hong Kong. It evolved from four berths of Kwai Chung Container Port () completed in the 1970s. It later expanded with two berths in the 1980s. Two additional terminals are added adjoining to Stonecutters Island in the 1990s and was renamed Kwai Chung Container Terminals. In the 2000s, Container Terminal 9 on the Tsing Yi Island was completed and the entire facility was renamed to ''Kwai Tsing Container Terminals''. It has been the eighth-busiest container port in the world since 2019, just after Shanghai, Singapore, Ningbo-Zhoushan, Shenzhen, Guangzhou, Busan and Qingdao. History The Container Committee was appointed by the Governor Sir David Trench on 12 July 1966 to advise the government on the containerisation revolution in cargo handling. In early 1967 the committee declared that Hong Kong had to build the capacity to handle con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Merchants Group
China Merchants Group Limited () is an international state-owned corporation (SOE) of the People's Republic of China. The company is operating under the auspices of the Chinese Ministry of Transport. Founded in 1872 China Merchants Steam Navigation Company in Shanghai, the firm has developed into one of China's leading SOEs since the 1980s and has expanded its global role as a result of China's Belt and Road Initiative in the early 2010s. In the Western media, China Merchants Group is mostly known for being criticized as a tool for China's "debt diplomacy" and its legal disputes with DP World, another port operator, regarding concession rights at the Port of Djibouti. Beginnings and growth (1872-1978) Early History China Merchants Steam Navigation Company was a shipping company founded on 16 December 1872 by the then Governor-General of Chihli (直隸 Zhili) Li Hung-chang (李鴻章 Li Hongzhang) who was also concurrently appointed as the Peiyang Commissioner "Peiyang Ta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchange Of Hong Kong
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 subseq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crédit Commercial De France
The ''Crédit Commercial de France'' (CCF, "Commercial Credit ompanyof France") is a commercial bank in France, founded in 1894 as the ''Banque Suisse et Française'' and renamed to CCF in 1917. By the end of the 1920s, it had grown to be the sixth largest bank in France. Its brand was eclipsed between 2005 and 2022 under HSBC ownership, but is set to be revived by the bank's new owner Cerberus Capital Management. History Banque Suisse et Française Financiers Ernest Méjà and Benjamin Rossier founded the (BSF, "Swiss and French Bank") at 27, rue Laffite in Paris, on . They had previously worked together for the Swiss , whose Paris branch formed the initial core of the new venture. Méjà remained as joint managing director of the bank with Rossier until his death in 1910. Rossier then continued to run the bank until his retirement in 1936. From its early days, the BSF took an active interest in commerce and industry. A successful working relationship was developed with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tung Chee-hwa
Tung Chee-hwa (; born 7 July 1937) is a Hong Kong businessman and politician who served as the first Chief Executive of Hong Kong between 1997 and 2005, upon the transfer of sovereignty on 1 July. He is currently a vice-chairman of the Chinese People's Political Consultative Conference (CPPCC). Born as the eldest son of Chinese shipping magnate Tung Chao Yung, who founded Orient Overseas Container Line (OOCL), Tung took over the family business after his father's death in 1981. Four years later, OOCL teetered on the edge of bankruptcy, and the business was saved by the People's Republic of China government through Henry Fok in 1986. He was appointed an unofficial member of the Executive Council of Hong Kong by the last British Governor Chris Patten in 1992 and was tipped as Beijing's favourite as the first Chief Executive of the Hong Kong SAR. In 1996, he was elected the Chief Executive by a 400-member Selection Committee. His government was embroiled with a series of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dart Container Service
Dart Containerline Co Ltd (as it was incorporated in Bermuda) was a consortium of shipping companies that commenced operations in 1969, thus becoming one of the first container shipping operators. The consortium comprised Compagnie Maritime Belge (CMB), Charles Hill of Bristol, England (owners of the Bristol City Line) and Clarke Traffic Services Ltd from Montreal, Quebec, Canada. The company operated between Antwerp and Southampton in Europe and Halifax, New York and Norfolk in North America. At first, the consortium deployed three chartered German container ships to Halifax plus four 18,000-ton painter-class ships, including ''Breughel'', which had been launched in 1963 and operated by CMB, to US ports. The purpose-built vessels operated by the consortium included the 31,036-ton MV ''Dart America'', owned by Clarke and launched in 1970, and her sister ship MV ''Dart Atlantic'', owned by Bristol City Line and launched in 1971. Both these vessels were later owned by the Bibby Li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
