Guangdong Investment
Guangdong Investment Limited is a Chinese company incorporated in Hong Kong. It is engaged in the businesses of property, infrastructure, energy, water supply to Hong Kong, Shenzhen and Dongguan, hotel management and department store operations.[1]
Guangdong Investment is a constituent of Hang Seng China-Affiliated Corporations Index (red chip index).
The parent company was Guangdong Holdings (held the stake via GDH Limited and Guangdong Trust) Guangdong Holdings is a wholly owned subsidiary of Guangdong Provincial People's Government.
History
Union Globe Development Limited was incorporated on 5 January 1973 in Hong Kong. On 12 July 1988 it was renamed into Guangdong Investment Limited, which the listed company was acquired by Guangdong Enterprises: a "window company" of mainland China in the British colony. Since that year Guangdong Investment became a special purpose vehicle used by Guangdong Enterprises for backdoor listing its assets.
References
- ^ Guangdong Investment Limited Archived 2008-05-04 at the Wayback Machine