Sino-Ocean Land
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State-owned enterprise (Red chip) | |
Industry | Real estate |
Founded | 1993 |
Headquarters | Beijing, People's Republic of China |
Area served | People's Republic of China |
Key people | Chairman: Mr. Luo Dongjiang |
Parent | COSCO (Hong Kong) Group |
Website | Sino-Ocean Land Holdings |
Sino-Ocean Land (SEHK: 3377) is a real estate state-owned joint-venture enterprise in Mainland China, which is a subsidiary company of COSCO (Hong Kong) Group. It was established on 12 June 1993 under its previous name of "COSCO Real Estate Development Corporation".
It is one of the largest real estate companies in Beijing and has a diversified portfolio of development projects and investment properties in Beijing, Pan-Bohai Bay, Yangtze River Delta, and Pearl River Delta regions.
On 12 March 2007, it was incorporated in Hong Kong whose shares were listed on the Hong Kong Stock Exchange in September 2007 with its IPO price at HK$7.7 per share.[1]
Since 10 March 2008, Sino-Ocean Land joined Hang Seng China-Affiliated Corporations Index Constitute Stock (red chip stock).
See also
References
- ↑ Bei Hu (2007-09-11). "Sino-Ocean Land to raise HK$12b from share sale". China Daily. Retrieved 2008-01-31.