China Development Bank International Investment

From Wikipedia, the free encyclopedia
China Development Bank International Investment
FormerlyNew Capital International Investment
SEHK1062
ISINKYG2125D1007
IndustryFinancial services
PredecessorING Beijing Investment
Founded
9 February 1993; 31 years ago (1993-02-09)(ING Beijing)

1 August 2003; 20 years ago (2003-08-01)(New Capital)
2005(merger)
Headquarters
Room 4506-4509, 2 IFC, Hong Kong S.A.R., China[1](de facto)
Grand Cayman, Cayman Islands(registered office)
Key people
Bai Zhe(chairman)[1]
Servicesmerchant banking
Decrease HK$0090 million (2016)
Total assetsIncrease HK$1.315 billion (2016)
Total equityIncrease HK$1.307 billion (2016)
Owner
China Development Bank(66.16%)
Lui Tong(05.64%)
other shareholders(28.20%)
ParentChina Development Bank
Websitecdb-intl.com
Footnotes / references
in a consolidated financial statement[2]
China Development Bank International Investment
Simplified Chinese国开国际投资
Traditional Chinese國開國際投資
China Development Bank International
Simplified Chinese国开国际
Traditional Chinese國開國際

China Development Bank International Investment Limited is a Cayman Islands-incorporated investment company headquartered in Hong Kong. It was listed company on the Hong Kong stock exchange since 1994[3] (as ING Beijing Investment, formerly "Honlinda Limited"), and is a red chip company.

History[edit]

The bank was listed as a red chip company on 10 My 1994.[3] The listed company was known as "New Capital International Investment" from 2003 to 2012. New Capital International Investment took-over ING Beijing Investment, by-then a listed company that incorporated in Hong Kong in 2005.[4] ING Beijing was dissolved in 2007. New Capital International Investment replaced the Hong Kong incorporated company as the new holding company of the group as well as the listing status. It was renamed to the current name after a takeover by the state-owned China Development Bank.

China Development Bank International Investment was planned to form a joint venture with EIG Global Energy Partners in 2015.[5]

Shareholders[edit]

In 2002, the largest shareholder of ING Beijing Investment was ING Group for 15.78% shares (85,140,000 number of shares).[6] After the takeover by New Capital International Investment, ING Group still owned the same number of shares, but decreased to 13.16% of total share capital; the largest shareholder was Sense Control International Limited for 16.63%, a company owned by Lin Si Yu (Chinese: 林思雨).[7]

As of 31 December 2016, China Development Bank International Investment was majority owned by Chinese stated-owned China Development Bank.[2]

See also[edit]

References[edit]

  1. ^ a b "Company Profile". China Development Bank International Investment. Retrieved 11 April 2019.
  2. ^ a b 2016 Annual Report (PDF) (Report). China Development Bank International Investment. 6 April 2017. Retrieved 23 July 2017.
  3. ^ a b "List of Red Chip Companies". Hong Kong Exchanges and Clearing. 30 September 2020. Retrieved 23 November 2020.
  4. ^ "ING Beijing Investment Company Limited to become a wholly-owned subsidiary of New Capital International Investment Limited" (PDF) (Press release). ING Beijing Investment. 15 March 2005. Retrieved 25 July 2017 – via singtao.com.
  5. ^ Chen, George (21 January 2015). "State-owned CDB teams up with asset manager". South China Morning Post. Hong Kong. Retrieved 23 July 2017.
  6. ^ "2002 Annual Report". ING Beijing Investment. Hong Kong Stock Exchange. 9 May 2003. Retrieved 25 July 2017.
  7. ^ "2005 Annual Report". New Capital International Investment. Hong Kong Stock Exchange. 27 April 2006. Retrieved 25 July 2017.

External links[edit]