Shanghai Municipal Investment Group
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Shanghai Municipal Investment Group
Shanghai Municipal Investment (Group) Corporation also known as Shanghai Chengtou () or SMI is a Chinese sovereign wealth fund of the Shanghai Municipal People's Government. It is one of the major shareholders of Greenland Holdings (for 20.55% shares), as well as another listed company Shanghai SMI Holding (). The group owned a minority interest (33.43% stake) in Shentong Metro Group. The group is the investor of Shanghai Yangtze River Bridge, under a subsidiary () for 60% stake directly and 40% indirectly (via ). SMI Holding was a constituent of SSE 180 Index and its sub-index SSE MidCap Index. Subsidiaries * Shanghai SMI Holding (46.46%) * (100%) ** Shanghai Yangtze River Tunnel and Bridge Construction and Development (100%) ** (100%) * Shanghai SMI Water Group () (100%) * Shanghai SMI Assets Group () (100%) * (100%) * Shanghai SMI Environmental Industry () (100%) * (51%) * Shanghai Laogang Waste Utilization () (100%) * (100%) * (100%) * (100%) * SMI USA, a U.S. sub ...
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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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Changxing Island, Shanghai
The islands of Shanghai are those under the jurisdiction of the Shanghai municipal government. They comprise three large inhabited islands and a shifting number of smaller, uninhabited ones. Most are alluvial islands in the Yangtze River Delta in China, although a number of islands in Hangzhou Bay off Jinshan District are also administered by Shanghai. The alluvial islands are relatively young and their number varies over time. In 2006, the city's 19 uninhabited islands covered , with a total coastline length of . The Yangshan area of the Port of Shanghai is also located on two islands, Greater and Lesser Yangshan in Hangzhou Bay, but these are administered as part of Zhejiang's Shengsi County. Chongming County All three inhabited islands of Shanghai are alluvial islands in the Yangtze estuary between the Municipality of Shanghai and Jiangsu Province. They are administered as Chongming County, with its seat at Chengqiao on Chongming Island. The county was added to Shanghai ...
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Sovereign Wealth Funds
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and In ...
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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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Companies Based In Shanghai
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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Chinese Companies Established In 1992
Chinese can refer to: * Something related to China * Chinese people, people of Chinese nationality, citizenship, and/or ethnicity **''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation ** List of ethnic groups in China, people of various ethnicities in contemporary China ** Han Chinese, the largest ethnic group in the world and the majority ethnic group in Mainland China, Hong Kong, Macau, Taiwan, and Singapore ** Ethnic minorities in China, people of non-Han Chinese ethnicities in modern China ** Ethnic groups in Chinese history, people of various ethnicities in historical China ** Nationals of the People's Republic of China ** Nationals of the Republic of China ** Overseas Chinese, Chinese people residing outside the territories of Mainland China, Hong Kong, Macau, and Taiwan * Sinitic languages, the major branch of the Sino-Tibetan language family ** Chinese language, a group of related languages spoken predominantly in China, sharing a written script (Chinese c ...
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Central Park Tower
Central Park Tower is a residential supertall skyscraper at 225 West 57th Street in the Midtown Manhattan neighborhood of New York City, along Billionaires' Row. Designed by Adrian Smith + Gordon Gill Architecture, the building rises with 98 above-ground stories and three basement stories, although the top story is numbered 136. Central Park Tower is the second-tallest building in New York City, the United States, and the Western Hemisphere; the 15th tallest building in the world; the tallest primarily residential building in the world; and the tallest building outside Asia by roof height. Central Park Tower was developed by Extell Development Company and Shanghai Municipal Investment Group. The basement and first five above-ground stories contain a large Nordstrom store, which opened in 2019. The eastern portion of the tower contains a cantilever above the Art Students League of New York's building at 215 West 57th Street, intended to maximize views of nearby Central Pa ...
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Shanghai Jiushi Group
Shanghai Jiushi (Group) Co., Ltd. is a Chinese state-owned enterprise. It was supervised by the State-owned Assets Supervision and Administration Commission (SASAC) of . Jiushi is the parent of several public transport companies of Shanghai, including the operator of Shanghai Public Transport Card, as well as equity investments in several listed companies based in Shanghai. The company also has a subsidiary that was the organizer of Chinese Grand Prix which was held in Shanghai International Circuit. History In 1986, Shanghai Government was allowed to use a maximum of US$3.2 billion foreign currencies through borrowings which was the catalyst of establishing Shanghai Jiushi Corporation (). According to the company, the name had the same pronunciation of 94 (), which was the issue number of the document of the State Council regarding the use of such foreign currencies . The company was incorporated on 12 December 1987 under the Law on Industrial Enterprises Owned by the Whol ...
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Shanghai Construction Group
Shanghai Construction (Group) Corporation (SCG) is a Chinese construction and engineering company, ranked as the 16th largest construction company in the world based on 2011 revenues. The group's listed arm Shanghai Construction Group Co., Ltd. (, ), was ranked at 1,096th on ''Forbes'' Global 2000 List, with a market cap of US$5.5 billion (as of May 2017). The listed company was a constituent of SSE 180 Index and its sub-index SSE MidCap Index. History In the 1990s the company underwent fast-paced growth as the home city of Shanghai was finally allowed to join in the reform and growth sweeping China. The city became a "builder's dream" and SCG benefited from the pent up zeal for projects with revenue climbing up 30% annually. As the hometown builder, SCG is responsible for many of the landmarks of Shanghai including Shanghai Tower. International projects SCG undertakes overseas construction projects and mining in Eritrea. It has an international focused subsidiary, the Shan ...
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Western Securities
Western may refer to: Places *Western, Nebraska, a village in the US *Western, New York, a town in the US *Western Creek, Tasmania, a locality in Australia *Western Junction, Tasmania, a locality in Australia *Western world, countries that identify with shared "Western" culture Arts and entertainment Films * ''Western'' (1997 film), a French road movie directed by Manuel Poirier * ''Western'' (2017 film), a German-Austrian film Genres *Western (genre), a category of fiction and visual art centered on the American Old West **Western fiction, the Western genre as featured in literature **Western music (North America), a type of American folk music Music * ''Westerns'' (EP), an EP by Pete Yorn *WSTRN, a British hip hop group from west London Business *The Western, a closed hotel/casino in Las Vegas, United States *Western Cartridge Company, a manufacturer of ammunition *Western Publishing, a defunct publishing company Educational institutions *Western Washington University i ...
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Bright Food
Bright Food (officially Bright Food (Group) Co., Ltd.) is a multinational food and beverages manufacturing company headquartered in Shanghai, China. It is the second-largest China-based food manufacturing company measured by 2011 revenues. The company is wholly owned by the Shanghai Municipal Government via Shanghai Municipal Investment Group and another sister company. Bright Food has four listed subsidiaries. Bright Dairy & Food Co., Ltd., Shanghai First Provisions Store Co., Ltd., Shanghai Maling Aquarius Co., Ltd. and Shanghai Haibo Co., Ltd. History In 1954, Songjiang Division Office decided to build a farm on the seashore of Fengxian. In 1959, Shanghai Municipality also decided to build farms on Chongming Island. At the time of 1960, 16 farms are built on the beach in Fengxian County and on Chongming and Changxing Islands. To administrate these farms, Shanghai Agricultural Reclamation Administration() was set up in 1963 and was renamed to Shanghai Farm Administration() i ...
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The Washington Post
''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large national audience. Daily broadsheet editions are printed for D.C., Maryland, and Virginia. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. Financier Eugene Meyer purchased it out of bankruptcy in 1933 and revived its health and reputation, work continued by his successors Katharine and Phil Graham (Meyer's daughter and son-in-law), who bought out several rival publications. The ''Post'' 1971 printing of the Pentagon Papers helped spur opposition to the Vietnam War. Subsequently, in the best-known episode in the newspaper's history, reporters Bob Woodward and Carl Bernstein led the American press's investigation into what became known as the Watergate scandal ...
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