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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 ...
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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 government body. This controlling entity could be one or more combinations of the central, provincial or municipal mainland government, with the company listed in Hong Kong to allow private and overseas investment. The term was coined by Hong Kong economist Alex Tang in 1992 and combines blue chip stocks with "red" representing the Socialist economic philosophy of the People's Republic of China. Stock index of red chips The Hang Seng China-Affiliated Corporations Index (HSCCI) is a stock market index of 25 red chip companies. List of red chip companies , there were 267 red chip companies, including: * APT Satellite Holdings * China Aerospace International Holdings * China Development Bank International Investment * China Energin ...
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CR Snow
CR Snow (officially China Resources Snow Breweries Ltd.) is a brewing company with its headquarters in Beijing, China. Originally known as Shenyang Snow Beer Company before acquired by China Resources Enterprise, it was a joint venture between China Resources Enterprise and the UK based multinational SABMiller, but is now fully owned by the former. It is the biggest brewing company in China, with a market share of around 21 per cent and sold a total of 9.28 billion litres of beer in China in 2010. History In July 2011 CR Snow acquired a 49 percent stake in Jiangsu Dafuhao Breweries and 100 percent of Shanghai Asia Pacific Brewery from Heineken International for 870 million yuan (US$134.42 million). Brands CR Snow's principal brand is Snow, which is currently the biggest-selling beer in the world measured by volume, with sales of around 16.5 billion pints in 2010. Its other brands include Blue Sword, Green Leaves, Huadan, Huadan Yate, Largo, Löwen, New Three Star, Shengquan, ...
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Conglomerate Companies Of Hong Kong
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable acti ...
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Government-owned Companies Of China
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned ...
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Conglomerate Companies Of China
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable acti ...
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Companies Listed On The Hong Kong Stock Exchange
This is a list of companies on the Hong Kong Stock Exchange (HKEx), ordered numerically by stock code. The names of the companies appear exactly as they do on the stock exchange listing. This is not an exhaustive list, but reflects the list that appears on HKEx's ''Hyperlink Directory''. An exhaustive but un-linked list appears below the partial list. 0001 - 0099 0100 - 0198 0200 - 0299 0300 - 0395 0402 - 0498 0500 - 0599 0601 - 0699 0700 - 0778 0800 - 0897 0900 - 0999 1001 - 1099 1100 - 1199 1200–1999 2000–2299 2300 - 2398 2600–2799 ETF funds 2866–2899 3000–3999 4000–4999 NASDAQ Shares 6000 - 6200 Hong Kong Depositary Receipts 6800 - 6899 8000 – 8999 9000 – 9999 References {{reflist Stock Exchange Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative ...
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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 lagers, other styles are occasionally found, such as Tsingtao Dark Beer. History Production and consumption of beer in China has occurred for around nine thousand years, with recent archaeological findings showing that Chinese villagers were brewing beer-type alcoholic drinks as far back as 7000 BC on small and individual scales. Made with rice, honey, grape, and hawthorn fruits, this early beer seems to have been produced similarly to that of ancient Egypt and Mesopotamia. Ancient Chinese beer was important in ancestral worship, funeral and other rituals of Xia, Shang and Zhou dynasties, and the beer was called as Lao Li (醪醴 in oracle bone script). However, after the Han Dynasty, Chinese beer faded from prominence in favor of huangjiu, ...
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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 form of the acronym CRC. History The company started as Liow & Company () in Hong Kong in 1938. Its original purpose was to raise funds and purchase supplies and equipment for the Eighth Route Army and later People's Liberation Army, then engaged in the Chinese Civil War. It was renamed as China Resources Corporation () in 1948. In 1983, the company was incorporated as China Resources (Holdings) Company Limited (). Operations The company's main business focus is the export of mainland Chinese products (including energy) to Hong Kong. Its retail operations are organised under the China Resources Retail group, and include Chinese Arts & Crafts; it also runs a number of supermarkets in Hong Kong, originally under the CRC name, but now rebranded as Vanguard. It al ...
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Hong Kong Stock Market
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 subseque ...
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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 government body. This controlling entity could be one or more combinations of the central, provincial or municipal mainland government, with the company listed in Hong Kong to allow private and overseas investment. The term was coined by Hong Kong economist Alex Tang in 1992 and combines blue chip stocks with "red" representing the Socialist economic philosophy of the People's Republic of China. Stock index of red chips The Hang Seng China-Affiliated Corporations Index (HSCCI) is a stock market index of 25 red chip companies. List of red chip companies , there were 267 red chip companies, including: * APT Satellite Holdings * China Aerospace International Holdings * China Development Bank International Investment * China Energin ...
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Hang Seng China-Affiliated Corporations Index Constitute Stock
Hang Seng China-Affiliated Corporations Index or HSCCI is a stock index of the Stock Exchange of Hong Kong for red chip companies listed on the exchange, which are incorporated outside of mainland China, such as in Bermuda, the Cayman Islands, or Hong Kong, but are majority-owned by the central or regional government of the People's Republic of China. As of January 2021, there are 25 red chips that compose this index. In the past, the constituents of Hang Seng China-Affiliated Corporations Index did not intersect with H shares' Hang Seng China Enterprises Index, as H share and red chip companies did not intersect. But a possible inclusion of the top red chip companies to Hang Seng China Enterprises Index, was announced in August 2017. Some of the constituents of Hang Seng China-Affiliated Corporations Index was also the constituents of Hang Seng Index (the blue-chip index). They were sometimes known as purple-chip, since red plus blue is purple. Constituents See also * ...
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Blue Chip (stock Market)
A blue chip is stock in a '' stock corporation'' (contrasted with non-stock one) with a national reputation for quality, reliability, and the ability to operate profitably in good and bad times. Origin As befits the sometimes high-risk nature of stock picking, the term "blue chip" derives from the card game poker. The simplest sets of poker chips include white, red, and blue chips, with American tradition dictating that the blues are highest in value. In the United States, blue chips were traditionally used for higher values such that "blue chip" used in noun and adjectival senses are attested since 1873 and 1894, respectively. This established connotation was first extended to the sense of a blue-chip stock in the 1920s. According to Dow Jones company folklore, this sense extension was coined by Oliver Gingold (an early employee of the company that would become Dow Jones) sometime in the 1920s, when Gingold was standing by the stock ticker at the brokerage firm that later be ...
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