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Sino-Ocean Group

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Sino-Ocean Land Holdings
远洋地产股份
Company typeState-owned enterprise (Red chip)
IndustryReal estate
Founded1993
Headquarters,
Area served
People's Republic of China
Key people
Chairman: Mr. Luo Dongjiang
ParentCOSCO (Hong Kong) Group
WebsiteSino-Ocean Land Holdings

Sino-Ocean Land (SEHK3377) is a real estate state-owned joint-venture enterprise in Mainland China, which is a subsidiary company of COSCO (Hong Kong) Group. It was established on 12 June 1993 under its previous name of "COSCO Real Estate Development Corporation".

It is one of the largest real estate companies in Beijing and has a diversified portfolio of development projects and investment properties in Beijing, Pan-Bohai Bay, Yangtze River Delta, and Pearl River Delta regions.

On 12 March 2007, it was incorporated in Hong Kong whose shares were listed on the Hong Kong Stock Exchange in September 2007 with its IPO price at HK$7.7 per share.[1]

Since 10 March 2008, Sino-Ocean Land joined Hang Seng China-Affiliated Corporations Index Constitute Stock (red chip stock).

See also

References

  1. ^ Bei Hu (2007-09-11). "Sino-Ocean Land to raise HK$12b from share sale". China Daily. Retrieved 2008-01-31.

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