Sino-Ocean Land

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Sino-Ocean Land Holdings
远洋地产股份
Type State-owned enterprise
Founded 1993
Headquarters Flag of the People's Republic of China Beijing, China
Area served People's Republic of China
Key people Chairman: Mr. Luo Dongjiang
Industry Real estate
Parent COSCO (Hong Kong) Group
Website Sino-Ocean Land Holdings

Sino-Ocean Land (SEHK: 3377) 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).

[edit] References

  1. ^ Bei Hu. "Sino-Ocean Land to raise HK$12b from share sale", China Daily, 2007-09-11 09:54. Retrieved on 2008-01-31. 

[edit] External links

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