China Overseas Land and Investment Limited (COLI), known as China Overseas, is a Hong Kong-based and incorporated real estate conglomerate. It is an indirect

subsidiary A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a ...

of China State Construction Engineering Corporation Limited. Found in June 1979, it is engaged in

construction Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and ...

and

contracting A contract is a legally enforceable agreement between two or more parties that creates, defines, and governs mutual rights and obligations between them. A contract typically involves the transfer of goods, services, money, or a promise to tr ...

property Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may have the right to consume, alter, share, r ...

development and

infrastructure Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and priv ...

investment Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is ...

, with operations currently in Hong Kong,

Macau Macau or Macao (; ; ; ), officially the Macao Special Administrative Region of the People's Republic of China (MSAR), is a city and special administrative region of China in the western Pearl River Delta by the South China Sea. With a pop ...

and

Mainland China "Mainland China" is a geopolitical term defined as the territory governed by the China, People's Republic of China (including islands like Hainan or Chongming Island, Chongming), excluding dependent territories of the PRC, and other territorie ...

. China Overseas was listed in the Stock Exchange of Hong Kong as a

red chip Red chip stocks () are the stocks of mainland China companies incorporated outside mainland China and listed in Hong Kong. It refers to businesses based in mainland China and with (majority) shares controlled either directly or indirectly by a ...

stock in August 1992. In July 2005, it spun off its construction business and formed

China State Construction International Holdings Limited China State Construction International Holdings Limited ("China State Construction" in short form) () is the largest construction contractor in Hong Kong, mostly from the projects in the government, public organisations and large private corpo ...

("CSCI"), which was listed on the Stock Exchange of Hong Kong . On 10 December 2007, it was selected to be a

Hang Seng Index The Hang Seng Index (HSI) is a freefloat-adjusted market- capitalization-weighted stock-market index in Hong Kong. It is used to record and monitor daily changes of the largest companies of the Hong Kong stock market and is the main indicator ...

Constituent Stock ( blue chip).

Business areas

China Overseas Land and Investment operates in four segments: property development, which is engaged in the development and sales of properties; property investment, which is engaged in property letting; infrastructure, which is engaged in the investments in entities undertaking toll highways, and other operations, which is engaged in property management, property agency, logistics operations, building design consultancy services, supply of heat and electricity and securities trading. China Overseas Land and Investment's property development, property investment and other activities are carried out in Hong Kong, Macau and regions in the People's Republic of China other than Hong Kong and Macau. All infrastructure project investments are located in the People's Republic of China. On November 28, 2008, the Company disposed Value Idea Investments Limited.

Shareholders

The direct parent company of China Overseas Land and Investment is China Overseas Holdings Limited, which sometimes known as China Overseas group (). China Overseas Holdings is owned by China State Construction Engineering Corporation Limited (CSCECL). CSCECL itself is a listed company. The ultimate parent company,

China State Construction Engineering Corporation The China State Construction Engineering Corporation (CSCEC) () is the largest construction company in the world by revenue and the 8th largest general contractor in terms of overseas sales, as of 2020. While most of the assets of CSCEC were flo ...

, is a

Chinese Central Government The State Council, constitutionally synonymous with the Central People's Government since 1954 (particularly in relation to local governments), is the chief administrative authority of the People's Republic of China. It is chaired by the p ...

owned company.

References

External links

* * {{DEFAULTSORT:China Overseas Land And Investment Limited Companies listed on the Hong Kong Stock Exchange Companies in the Hang Seng Index Companies in the Hang Seng China-Affiliated Corporations Index Chinese companies established in 1979 Government-owned companies of China Land developers of Hong Kong Real estate companies of China * 1979 establishments in China

Business areas

Shareholders

See also

References

External links