China Everbright Limited is a Hong Kong-based financial services company in asset management, investment and merchant bank in the Greater China region, including mainland China and Hong Kong.[2] It is part of the China Everbright Group, a state-owned enterprise operated under the supervision of the State Council of the People's Republic of China (via Central Huijin Investment and the Ministry of Finance).
China Everbright Limited is considered a red chip stock on the Hong Kong Stock Exchange.
History
The predecessor of the company was founded on 25 August 1972 in Hong Kong as Intercontinental Housing Development Limited, renamed IHD Holdings in 1987. In 1994 it was taken over by China Everbright Group and renamed China Everbright-IHD Pacific Limited. On 18 July 1997, the business inherited from IHD was ended, the company was renamed China Everbright Limited, the current name.[3]