Everbright
 | |
| State-owned enterprise | |
| Founded | 1992[1] |
| Headquarters | Hong Kong, China |
Area served | Mainland China, Hong Kong |
Key people | Chairman: Mr. Tang Shuangning |
| Parent | China Everbright Group |
| Website | China Everbright Limited |
China Everbright Limited (SEHK: 165) is a financial services company in asset management, direct investment, brokerage and investment banking in the Greater China region, including Mainland China and Hong Kong.[2] It is parented by China Everbright Group, a state-owned enterprise operated under the supervision of the State Council of the People's Republic of China.
China Everbright Holding Company Limited was established in Hong Kong in 1983. It then acquired several listed companies and restructured to form China Everbright Limited (SEHK: 165) and China Everbright International Limited (SEHK: 257). China Everbright Limited was listed on the Hong Kong Stock Exchange in 1997.[3] As of June 2015 it ranked no. 1 of all Chinese companies for net increase in disbursement of loans and advances.[4]
Business areas
The Company, through its subsidiaries and associates including is brokerage and investment banking arm Everbright Securities, is principally engaged in investment activities and the provision of financial services.
Prior to 2002, Everbright had no asset management department. Mr. Guo You, the CEO at the time set a goal to make Everbright one of China's premier investment firms. To fast track the asset management business he hired William Lawton as CEO of the new asset management company.
Everbright conducts its business activities in three areas: short-term investments, financial services and long-term investments plus other operations. The Company provides portfolio management services for institutional and individual clients, such as China Everbright Dragon Fund, or its SeaBright China Special Opportunities Fund series of direct investment funds, the first of the series that was launched in 2004 in a joint venture with Seagate Global Advisors, LLC. It provides financial advisory services, such as share placements, mergers and acquisitions (M&A), privatization and project financing.
