Chinese Estates Company Description
Chinese Estates Holdings holds more than Chinese estates. The firm invests in, develops, and manages property mostly in Hong Kong, but also in Macau and mainland China. Its investment portfolio consists of about 2 million sq. ft. of retail and office space. In the property development arena, Chinese Estates develops mid to high-end commercial and residential property; it currently has about 17 million sq. ft. to be developed. Additional services include securities investment, money lending, and brokerage. The company acquired cosmetic firm Power Jade in 2007. Chinese Estates traces its roots to 1978, when predecessor Evergo Holdings began trading in electronics (it diversified into real estate in 1985).
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The Company Description provides a historical perspective of Chinese Estates's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Chinese Estates's evolution in the marketplace.
