Traded as SEHK: 00688 Headquarters Hong Kong | Industry Real estate Founded 1979 | |
 | ||
Type partial State-owned enterprise
listed company (Red chip) Area served mainland China, Hong Kong Key people Chairman: Mr. Kong Qingping Website coli.com.hk/En/index.aspx Stock price 0688 (HKG) HK$ 23.30 -0.30 (-1.27%)3 Mar, 4:09 PM GMT+8 - Disclaimer Parent organizations China State Construction Engineering, China Overseas Holdings Ltd. Subsidiaries China State Construction International Holdings | ||
China Overseas Land and Investment Limited (Traditional Chinese:中國海外發展有限公司, Simplified Chinese: 中国海外发展有限公司), "China Overseas" or "COLI" in short form and the subsidiary of China State Construction Engineering Corporation Limited, was incorporated in Hong Kong in June 1979. It is engaged in construction and contracting, property development and infrastructure investment, with operations currently in Hong Kong, Macau and Mainland China.
China Overseas was listed in the Hong Kong Stock Exchange as a red chip stock in August 1992.
In July 2005, it spun off its construction business and formed China State Construction International Holdings Limited ("CSCI"), which was listed on the Hong Kong Stock Exchange.
On 10 December 2007, it was selected to be a Hang Seng Index Constituent Stock (blue chip).
Business areas
China Overseas Land and Investment operates in four segments: property development, which is engaged in the development and sales of properties; property investment, which is engaged in property letting; infrastructure, which is engaged in the investments in entities undertaking toll highways, and other operations, which is engaged in property management, property agency, logistics operations, building design consultancy services, supply of heat and electricity and securities trading.
China Overseas Land and Investment’s property development, property investment and other activities are carried out in Hong Kong, Macau and regions in the Peoples Republic of China other than Hong Kong and Macau. All infrastructure project investments are located in the Peoples Republic of China. On November 28, 2008, the Company disposed Value Idea Investments Limited.