China Travel International Investment Hong Kong Limited (sehk: 308) is a Hong Kong–based state-owned investment holding company engaged primarily in tourism, passenger transportation, hospitality, and related service businesses.[3] Incorporated and listed in Hong Kong in 1992, the company operates as a red chip enterprise and is a subsidiary of China Travel Service (Hong Kong) Limited, which is ultimately controlled by central state-owned entities of the People's Republic of China.[4]
History
China Travel International Investment Hong Kong Limited was incorporated on 31 August 1992 and listed on the Hong Kong Stock Exchange on 11 November 1992 (stock code: 0308).[5] The company was established to consolidate and manage tourism- and transportation-related assets of China Travel Service in Hong Kong and the surrounding region.[6]
During the 1990s, the company participated in several commercial and tourism-related developments in Hong Kong, including investments connected with transportation services and hospitality infrastructure.[7]
Business activities
The group operates through several business segments focused on integrated tourism and transportation services.[1]
Passenger transportation
The company is a co-owner, through its parent group, of TurboJET, a high-speed ferry operator providing hydrofoil and ferry services between Hong Kong, Macau, Shenzhen, and Guangzhou. TurboJET operates as a joint venture with Shun Tak Holdings.[8]
Tourism and travel services
Tourism and travel services are provided primarily under the "Hong Kong China Travel Agency" brand, offering inbound and outbound tour services, ticketing, and travel-related arrangements.[9]
Scenic spots and leisure assets
The group holds interests in scenic attractions and leisure-related assets in mainland China, including theme park and resort developments in the Pearl River Delta region.[10]
Hotel investment
The company maintains investment interests in hospitality assets in Hong Kong and mainland China, including hotels operated under international brands.[11]
Financial performance
Ownership and governance
China Travel International Investment Hong Kong Limited is a constituent of the Hang Seng Composite Index and is classified as a red chip company. Its immediate controlling shareholder is China Travel Service (Hong Kong) Limited, which held approximately 59.56% of the company’s issued share capital as of December 2023.[2]
The company is ultimately controlled by central state-owned entities of the People's Republic of China through China Travel Service Group Corporation.[12] Its board of directors includes executive and independent non-executive directors in accordance with Hong Kong listing requirements.[13]
See also
- China Travel Service
- TurboJET
- Economy of Hong Kong
- Red chip
- State-owned enterprises of China
External links
References
- China Travel International Investment Hong Kong Limited 2023 Annual Report China Travel International Investment Hong Kong Limited, retrieved 30 December 2025^
- List of substantial shareholders Hong Kong Exchanges and Clearing Limited, 15 April 2024, retrieved 30 December 2025^
- Sophia Li. The Chinese Travel Industry: Reform and Development Palgrave Macmillan, 2019^
- Jin Wang. Internationalisation of Chinese state-owned enterprises: The case of Hong Kong-listed red chips Asia Pacific Business Review, 2020^
- China Travel Intl. Inv. HK Ltd (0308.HK) – Company profile Hong Kong Exchanges and Clearing Limited, retrieved 30 December 2025^
- Julie Jie Wen. Tourism and China's Development World Scientific, 2005^
- Christine Lee. CTS unit to develop Tsuen Wan site South China Morning Post, 15 March 1994^
- Shun Tak Holdings Limited 2023 Annual Report Shun Tak Holdings Limited, 2023, retrieved 30 December 2025^
- Eric Ng. Hong Kong tourism rebound boosts China Travel Service unit Caixin Global, 18 October 2023^
- Dallen J. Timothy. Cultural Heritage and Tourism in China Routledge, 2021^
- Hotel and hospitality investments China Travel International Investment Hong Kong Limited, retrieved 30 December 2025^
- List of central enterprises State-owned Assets Supervision and Administration Commission, retrieved 30 December 2025^
- Yan-Leung Cheung. The Hong Kong Securities and Futures Ordinance: Commentary and Annotations Wolters Kluwer, 2020^