Full Description

Chinese Estates Holdings Limited (0127.HK) (Hong Kong Stock)
As of  27 Nov 2009
12.46HKD
Price Change
-0.42
Percent Change
-3.26%
 
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Chinese Estates Holding Limited is an investment holding company. Through its subsidiaries, the Company is principally engaged in property investment and development, brokerage, securities investment, money lending, and cosmetics distribution and trading. It develops both residential and commercial projects. The Company has seven segments: property development and trading; property leasing for retail; property leasing for non-retail; listed available-for-sale equity investments; floating rate and fixed rate notes; other listed held-for-trading investments and treasury products, and unlisted investments, investment holding and brokerage. On February 5, 2008, the Company acquired a 36.51% interest in G-Prop (Holdings) Limited (G-Prop), which increased its holding in G-Prop to 50.2%. As of December 31, 2008, the Company held a 61.96% interest in Chi Cheung Investment Company, Limited.
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