China Resources Enterprise Limited 华润创业有限公司 | |
Type: | State-owned enterprise (Red chip) |
Foundation: | 1992 |
Location: | Hong Kong |
Key People: | Chen Long (Chairman) |
Area Served: | Mainland China Hong Kong |
Industry: | Conglomerate |
Parent: | China Resources Holdings |
China Resources Enterprise is the subsidiary and the listed company of China Resources Holdings. It is a conglomerate enterprise focusing on retailing, beverage, food processing and distribution, textiles and real estate in Hong Kong and Mainland China. Its assets include a 51% share in CR Snow, the largest brewing company in China and a joint venture with SAB Miller.[1]
It was a Hang Seng Index Constituent Stock (blue chip) and is Hang Seng China-Affiliated Corporations Index Constitute Stock (red chip) in the Hong Kong stock market.