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COSCO (Hong Kong) Group
Encyclopedia
COSCO Group Limited is one of the largest Chinese
state-owned conglomerate
in Hong Kong
, which is wholly owned by COSCO Group. Its business include shipping
services, coatings manufacturing
, insurance
, information technology
, freight forwarding, property development and management
.
Its listed companies include COSCO Pacific
, COSCO International Holdings
and Sino-Ocean Land
.
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
state-owned conglomerate
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
, which is wholly owned by COSCO Group. Its business include shipping
Shipping
Shipping has multiple meanings. It can be a physical process of transporting commodities and merchandise goods and cargo, by land, air, and sea. It also can describe the movement of objects by ship.Land or "ground" shipping can be by train or by truck...
services, coatings manufacturing
Manufacturing
Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...
, insurance
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
, information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
, freight forwarding, property development and management
Property management
Property management is the operation, control of ususally on behalf of an owner, and oversight of commercial, industrial or residential real estate as used in its most broad terms. Management indicates a need to be cared for, monitored and accountability given for its usable life and condition...
.
Its listed companies include COSCO Pacific
COSCO Pacific
COSCO Pacific Limited , headquartered in Hong Kong, is a subsidiary and listed company of COSCO Group owned by COSCO Group. It is mainly engaged in container terminal operations, container manufacturing and leasing, shipping agency and freight forwarding.It has been a Hang Seng Index Constituent...
, COSCO International Holdings
COSCO International Holdings
COSCO International Holdings Limited is the subsidiary of COSCO Group . It is engaged in ship trading and supplying services...
and Sino-Ocean Land
Sino-Ocean Land
Sino-Ocean Land is a real estate state-owned joint-venture enterprise in Mainland China, which is a subsidiary company of COSCO Group...
.