Oceanwide Holdings Explained

Oceanwide Holdings Co., Ltd.
Type:Public
Industry:Conglomerate
Founder:Shenzhen Nanyou Holdings
Hq Location City:Beijing
Hq Location Country:China
Key People:Chairman Lu Zhiqiang
Products:Real estate
Revenue Year:2015
Income Year:2015
Net Income Year:2015
Assets Year:2015
Equity Year:2015
Owner:Lu Zhiqiang (69.01%)
Website:fhkg.com
Footnotes:in a consolidated basis[1]

Oceanwide Holdings Co., Ltd. is a Chinese publicly traded conglomerate. It was a subsidiary of Tohigh Holding, via intermediate holding companies Oceanwide Group and China Oceanwide Holdings Group.

Oceanwide Holdings is a constituent of the Shenzhen Stock Exchange blue-chip index: SZSE 100 Index.

The company was also included in CSI 300 Index from June 2015[2] to November 2016. However, the company was often removed[3] [4] and re-entered[5] [6] the index due to low trading volume. The company was also in the "reserve list", a list of candidates for the CSI 100 Index in 2008.[7]

The company was included in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect.[8] Its Hong Kong based subsidiary China Oceanwide Holdings was also on the list[9] until March 2017.

History

The predecessor of the publicly traded company, was incorporated on 9 May 1989 by Shenzhen Nanyou Holdings. It became a publicly traded company on 3 May 1994.[10]

In 1998, Oceanwide Group acquired the controlling interests in the public company, making the company a SPV for backdoor listing their assets. The company became Guangcai Construction Group until 2005. On 10 December 2005 the public company was renamed into Oceanwide Construction Group [11] (the English name was later renamed into Oceanwide Real Estate Group).

As at 31 December 2005, Oceanwide Group via three subsidiaries, owned 48.17% shares of Oceanwide Construction Group.[12] It was increased to 70.42% in 2006[13] and 80.36% in 2008,[14] due to acquiring assets from the parent company in all-share deal. It was diluted to 76.429% in December 2011.[15] In October 2011, the company finally relocated its registered address from Shenzhen to Beijing.[16]

Diversification & foreign investments

In 2013, the Beijing-based public company started its diversification, which saw the company entered into the United States and Indonesia, as well as entered the financial services industry. It acquired the controlling stake of financial service companies Minsheng Securities in 2014, China Minsheng Trust in 2016, as well as 71.36% shares of Hong Kong-based public companies Hutchison Harbour Ring in 2014[17] (was renamed into China Oceanwide Holdings Limited,) and Quam Financial Service Group in 2017. However, the acquisition of CASH Financial Services Group, via Oceanwide Holdings International Finance, was failed in 2015.[18] [19] Oceanwide Real Estate Group was also renamed to Oceanwide Holdings, as well as setting up a Hong Kong-based company China Oceanwide Group Limited for foreign acquisition.

China Oceanwide Group

China Oceanwide Group Limited was incorporated on 30 August 2013, it became the major parent company of Oceanwide Holdings' assets outside the mainland China.

The acquisition of Hutchison Harbour Ring by China Oceanwide Group was a leverage buyout. Due to the exchange control, Oceanwide Holdings had guaranteed its subsidiary Oceanwide Holdings International, the SPV to acquire Hutchison Harbour Ring of not more than HK$4 billion.[20] [21] (Eventually a HK$3.3 billion was borrowed from a financial services company in Hong Kong, that the name was not disclosed) The final purchase price was approx. HK$3.823 billion, or about HK$0.60 per share.[17] In October Oceanwide Holdings International borrowed a further US$140 million from CTI Capital Management to support the San Francisco project (mentioned below), and 1,650,608,520 number of shares of Hong Kong public company, China Oceanwide Holdings were pledged.[22] The borrowing would be used as inter-company loan. However, in October 2015, the obligation to refurbish the residual HK$1.35 billion loan used in the buyout of China Oceanwide Holdings was transferred from Oceanwide Holdings International to Oceanwide Holdings International Investment, the entity for San Francisco project,[23] making the two inter-company transaction cancel out.

The acquisition of 51% stake of Quam Financial Service Group was another leverage buyout. The price, HK$1.097 billion (HK$1.38 per share) paid by Oceanwide Holdings International Financial Development, was in fact borrowed from Haitong International Securities, by the guarantee of China Oceanwide Group.[24]

In 2014, China Oceanwide Group also acquired a minority stake (about 0.23%) in CITIC Limited (via Oceanwide Real Estate International) for US$100 million (HK$13.48 per share).

The company also acquired a project in Figueroa Central, South Park, Downtown Los Angeles in 2013 (via Tohigh Construction Investment) for not more than US$200 million.[25] [26] In mid-2014, Oceanwide Holdings planned to raise US$720 million to develop the L.A. project.[27] On 10 September, the issue of US$320 million bond by a SPV: Oceanwide Real Estate International Holding was completed.[28] In August 2015, the L.A. project was sold to the Hong Kong publicly traded subsidiary China Oceanwide Holdings Limited, for an approx. US$190.5 million, excluding the values of shareholder's loan and external debts.

In November 2014, China Oceanwide Group (via Tohigh Property Investment) acquired a Project located in First Street corner Mission Street, San Francisco for US$296 million.[29] [30] Again, it was a leverage buyout, as Oceanwide Holdings International Investment, the intermediate parent company of aforementioned Tohigh Property Investment, planned to borrow US$160 million from Industrial and Commercial Bank of China, which Oceanwide Holdings, had pledged some of the assets located in the mainland China to the bank.[31] In August 2015, US$400 million bonds were issued by another SPV: "Oceanwide Holdings International 2015 Co., Ltd." for the San Francisco project.[32] [33] In April 2016, China Oceanwide Group borrowed a further HK$1.08 billion from CITIC Bank International and other financial services company, buy pledged the shares of China Oceanwide Holdings Limited.[34]

The Hong Kong listed subsidiaries acquired a project in the New York City from independent third parties and a power plant in Medan, Indonesia from Oceanwide Holdings' parent company China Oceanwide Holdings Group in August 2015.

In November 2015 China Oceanwide Group acquired 80% stake of another power plant project, located in Java, from China Oceanwide Holdings Group for HK$1. The project was still in tender stage, thus had a low accounting value.[35]

In December 2016, Oceanwide Holdings deposited to China CITIC Bank Beijing headquarters as collateral, at the same time China Oceanwide Group borrowed a further US$200 million from CITIC Bank International, mature in a year.[24] In January 2017 China Oceanwide Group borrowed US$200 million from DBS Bank Singapore branch and HSBC (Hong Kong), which Oceanwide Holdings also deposited Renminbi equivalent to US$211 million and US100 million to their Beijing branch,[36] as a response to the tighten capital control of China.

China Oceanwide Holdings Limited

Since being acquired by China Oceanwide Group in late 2014, China Oceanwide Holdings Limited became one of the international arms of Oceanwide Holdings. In 2015 China Oceanwide Holdings Limited (via China Oceanwide International Asset Management) acquired 7.90% of the shares of Huiyuan Juice [37] and subscribed the new H share of GF Securities .[38] In June, China Oceanwide Holdings Limited also lend HK$700 million to Able China Investments, a private company owned by Wong Pui Hoi and was the second largest shareholder of Simsen International, in turn 270 million number of shares of Simsen International were pledged.[39] Simsen International was takeover by China Huarong Asset Management in the same year, (by buying all the new shares)[40] which Able China Investments was became the third largest shareholder (fell from the second).[41]

On 5 August 2015, via China Oceanwide Real Estate Development III Limited, China Oceanwide Holdings Limited acquired 80 South Street in New York City for US$390 million.[42] On 20 August, via China Oceanwide Real Estate Development I Limited, the Hong Kong public company acquired the entire share capital of Oceanwide Real Estate International Investment and its subsidiaries (the L.A. project) from the parent company (the Chinese public company), as well as a shareholder's loan of US$24,573,000 to Oceanwide Plaza LLC (the entity to construct the project), for a total of US$215.1 million. In a separate deal, the Hong Kong public company acquired 60% stake of an Indonesian power plant in Medan (known as Mabar Elektrindo) from China Oceanwide Holdings Group, a private company and parent company of both Hong Kong and Beijing based public company for US$37.09 million.[43] [44]

Since 2016, the Hong Kong company, relying heavily on collateral deposited by its parent company in the mainland China, and via China Oceanwide International Capital Investments Management, borrowed US$50 million from Credit Suisse's Hong Kong branch.[45] Another subsidiary, China Oceanwide International Capital Hong Kong, borrowed US$75 million from Hang Seng Bank.[46]

In December 2016, China Oceanwide Holdings' securities began trading in mainland China via Shenzhen-Hong Kong Stock Connect.

On 10 February 2017 China Oceanwide Holdings was removed from Hang Seng Composite MidCap Index as a constituent.[47] Due to the removal, China Oceanwide Holdings was also removed from Shenzhen-Hong Kong Stock Connect[48] and Shanghai-Hong Kong Stock Connect.

List of properties

Subsidiaries

----

Equity investments

Financial data

Oceanwide Holdings Co., Ltd. (in CN¥) China Oceanwide Holdings Ltd. (in HK$)
YearRevenueProfitTotal assetsNet assetsStake in HK listcoRevenueProfitProfit to groupTotal assetsNet assetsNet assets to group
2015[58] 61.10% 189.2 million 122.5 million 74.9 million 8.735 billion 6.140 billion 3.751 billion

External links

Notes and References

  1. Web site: 2015 Annual Report. 31 March 2016. 23 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202040354/http://disclosure.szse.cn/finalpage/2016-03-31/1202112131.PDF. 2 February 2017. dead.
  2. http://www.csindex.com.cn/sseportal/csiportal/gywm/gsdt/20150601_3.html. zh:关于调整沪深300和中证香港100等指数样本股的公告. 1 June 2015. 12 July 2017. China Securities Index. Chinese.
  3. http://www.csindex.com.cn/sseportal/csiportal/gywm/gsdt/20140603_5.html. zh:关于调整沪深300和中证香港100等指数样本股的公告. 3 June 2014. 12 July 2017. China Securities Index. Chinese.
  4. http://www.csindex.com.cn/sseportal/csiportal/gywm/gsdt/20110613_2.html. zh:关于调整沪深300和中证香港100等指数样本股的公告. 13 June 2011. 12 July 2017. China Securities Index. Chinese.
  5. http://www.csindex.com.cn/sseportal/csiportal/gywm/gsdt/20070611_1.html. zh:关于调整沪深300和中证100等指数样本股的公告. 11 June 2007. 12 July 2017. China Securities Index. Chinese.
  6. http://www.csindex.com.cn/sseportal/csiportal/gywm/gsdt/20120611_3.html. zh:关于调整沪深300和中证香港100等指数样本股的公告. 11 June 2012. 12 July 2017. China Securities Index. Chinese.
  7. https://biz.sse.com.cn/cs/zhs/xxfw/flgz/temp/temp20080603a.html. zh:关于调整沪深300和中证香港100等指数样本股的公告. 4 June 2008. 12 July 2017. China Securities Index. Chinese.
  8. https://www.hkex.com.hk/chi/market/sec_tradinfra/chinaconnect/Documents/SZSE_Securities_c.xls 2017-01
  9. Web site: 深交所公布港股通股票名单:417只股票入围 . 25 November 2016 .
  10. Web site: Articles of Association. 28 December 2004. 23 January 2017. Guangcai Construction Group. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202034332/http://disclosure.szse.cn/finalpage/2004-12-28/14902266.PDF. 2 February 2017. dead.
  11. Web site: http://disclosure.szse.cn/finalpage/2005-12-13/16282529.html. zh:关于变更公司名称及证券简称的公告. 13 December 2005. Oceanwide Construction Group. Shenzhen Stock Exchange. Chinese. 23 January 2017. https://web.archive.org/web/20170202040023/http://disclosure.szse.cn/finalpage/2005-12-13/16282529.html. 2 February 2017. dead.
  12. Web site: 2005 Annual Report. 27 April 2006. 23 January 2017. Oceanwide Construction Group. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202035609/http://disclosure.szse.cn/finalpage/2006-04-27/16989813.PDF. 2 February 2017. dead.
  13. Web site: 2006 Annual Report. 20 April 2007. 23 January 2017. Oceanwide Construction Group. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202040112/http://disclosure.szse.cn/finalpage/2007-04-20/22914851.PDF. 2 February 2017. dead.
  14. Web site: 2008 Annual Report. 3 March 2009. 23 January 2017. Oceanwide Real Estate Group. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202035703/http://disclosure.szse.cn/finalpage/2009-03-03/49721939.PDF. 2 February 2017. dead.
  15. Web site: 2011 Annual Report. 21 April 2012. 23 January 2017. Oceanwide Real Estate Group. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202035516/http://disclosure.szse.cn/finalpage/2012-04-21/60872337.PDF. 2 February 2017. dead.
  16. Web site: http://disclosure.szse.cn/finalpage/2011-10-12/60045880.PDF. zh:关于完成工商变更登记的公告. 12 October 2011. 23 January 2017. Oceanwide Real Estate Group. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202040415/http://disclosure.szse.cn/finalpage/2011-10-12/60045880.PDF. 2 February 2017. dead.
  17. Web site: JOINT ANNOUNCEMENT (1) ACQUISITION OF APPROXIMATELY 71.36% INTEREST IN THE COMPANY BY THE OFFEROR AND (2) UNCONDITIONAL MANDATORY CASH OFFERS.... 6 November 2014. 23 January 2017. Hutchison Harbour Ring. Hong Kong Stock Exchange.
  18. Web site: http://disclosure.szse.cn/finalpage/2015-03-10/1200684510.PDF. zh:关于境外间接附属公司泛海控股国际金融有限公司收购时富金融服务集团有限公司相关股权之公告. 10 March 2015. 23 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202040731/http://disclosure.szse.cn/finalpage/2015-03-10/1200684510.PDF. 2 February 2017. dead.
  19. Web site: http://disclosure.szse.cn/finalpage/2015-05-09/1200987338.PDF. zh:关于附属公司境外收购资产进展公告. 9 May 2015. 23 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202043003/http://disclosure.szse.cn/finalpage/2015-05-09/1200987338.PDF. 2 February 2017. dead.
  20. Web site: http://disclosure.szse.cn/finalpage/2014-09-27/1200265305.PDF. zh:对外担保公告. 27 September 2014. 23 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202043756/http://disclosure.szse.cn/finalpage/2014-09-27/1200265305.PDF. 2 February 2017. dead.
  21. Web site: http://disclosure.szse.cn/finalpage/2014-09-11/1200223338.PDF. zh:关于附属公司境外收购资产进展公告. 11 September 2014. 23 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202050224/http://disclosure.szse.cn/finalpage/2014-09-11/1200223338.PDF. 2 February 2017. dead.
  22. Web site: http://disclosure.szse.cn/finalpage/2015-06-20/1201174637.PDF. zh:对外担保公告. 20 June 2015. 23 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202044804/http://disclosure.szse.cn/finalpage/2015-06-20/1201174637.PDF. 2 February 2017. dead.
  23. Web site: http://disclosure.szse.cn/finalpage/2015-10-31/1201744777.PDF. zh:对外担保公告. 31 October 2015. 24 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202053644/http://disclosure.szse.cn/finalpage/2015-10-31/1201744777.PDF. 2 February 2017. dead.
  24. Web site: http://disclosure.szse.cn/finalpage/2016-12-27/1202958909.PDF. zh:对外担保公告. 27 December 2016. 24 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202054321/http://disclosure.szse.cn/finalpage/2016-12-27/1202958909.PDF. 2 February 2017. dead.
  25. Web site: 关于收购美国洛杉矶Fig Central项目对外投资公告. 27 December 2013. 23 January 2017. Oceanwide Real Estate Group. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202035041/http://disclosure.szse.cn/finalpage/2013-12-27/63418787.PDF. 2 February 2017. dead.
  26. News: Chinese developer Oceanwide buying property in downtown L.A.. https://web.archive.org/web/20140104141920/http://articles.latimes.com/2013/dec/27/business/la-fi-chinese-la-purchase-20131228. dead. January 4, 2014. Makinen. Julie . 27 December 2013. LA Times. 23 January 2017.
  27. Web site: http://disclosure.szse.cn/finalpage/2014-06-12/64127659.PDF. zh:对外担保公告. 12 June 2014. 23 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202050136/http://disclosure.szse.cn/finalpage/2014-06-12/64127659.PDF. 2 February 2017. dead.
  28. Web site: NOTICE OF LISTING ON THE STOCK EXCHANGE OF HONG KONG LIMITED - Oceanwide Real Estate International Holding Company Limited - US$320,000,000 11.75% Guaranteed Senior Notes due 2019. 10 September 2014. 23 January 2017. Oceanwide Real Estate International Holding. Hong Kong Stock Exchange.
  29. Web site: http://disclosure.szse.cn/finalpage/2014-12-31/1200507406.PDF. zh:对外投资公告. 31 December 2014. 23 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202042722/http://disclosure.szse.cn/finalpage/2014-12-31/1200507406.PDF. 2 February 2017. dead.
  30. Web site: Chinese developers muscling in to Bay Area housing market. 13 March 2016. 23 January 2017. SF Gate.
  31. Web site: http://disclosure.szse.cn/finalpage/2014-12-31/1200507408.PDF. zh:对外担保公告. 31 December 2014. 23 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202042211/http://disclosure.szse.cn/finalpage/2014-12-31/1200507408.PDF. 2 February 2017. dead.
  32. Web site: Notice of Listing on The Stock Exchange of Hong Kong Limited - Oceanwide Holdings International 2015 Co., Limited issues US$400,000,000 9.625% Guaranteed Senior Notes due 2020 unconditionally and irrevocably guaranteed by Oceanwide Holdings Co., Ltd.. 11 August 2015. 23 January 2017. Oceanwide Holdings International 2015. Hong Kong Stock Exchange.
  33. Web site: http://disclosure.szse.cn/finalpage/2015-06-24/1201187110.PDF. zh:对外担保公告. 24 June 2015. 23 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202050139/http://disclosure.szse.cn/finalpage/2015-06-24/1201187110.PDF. 2 February 2017. dead.
  34. Web site: http://disclosure.szse.cn/finalpage/2016-04-28/1202259745.PDF. zh:对外担保公告. 28 April 2016. 24 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202053647/http://disclosure.szse.cn/finalpage/2016-04-28/1202259745.PDF. 2 February 2017. dead.
  35. Web site: http://disclosure.szse.cn/finalpage/2015-11-28/1201796589.PDF. zh:对外投资暨关联交易公告. 28 November 2015. 24 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202055929/http://disclosure.szse.cn/finalpage/2015-11-28/1201796589.PDF. 2 February 2017. dead.
  36. Web site: http://disclosure.szse.cn/finalpage/2017-01-18/1203023379.PDF. zh:对外担保公告. 18 January 2017. 24 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202060815/http://disclosure.szse.cn/finalpage/2017-01-18/1203023379.PDF. 2 February 2017. dead.
  37. Web site: DISCLOSEABLE TRANSACTION - ACQUISITION OF LISTED SECURITIES. 19 March 2015. 23 January 2017. China Oceanwide Holdings Limited. Hong Kong Stock Exchange.
  38. Web site: SUBSCRIPTION FOR GF SECURITIES H SHARES. 9 April 2015. 23 January 2017. China Oceanwide Holdings Limited. Hong Kong Stock Exchange.
  39. Web site: DISCLOSEABLE TRANSACTION - PROVISION OF FINANCIAL ASSISTANCE AND ADVANCE TO AN ENTITY. 15 June 2015. 23 January 2017. China Oceanwide Holdings Limited. Hong Kong Stock Exchange.
  40. Web site: COMPLETION OF THE SUBSCRIPTION FOR NEW SHARES. 31 August 2015. 23 January 2017. Simsen International. Hong Kong Stock Exchange.
  41. Web site: 2015 Annual Report. 19 April 2016. 23 January 2017. Huarong International Financial. Hong Kong Stock Exchange.
  42. Web site: MAJOR TRANSACTION SALE AND PURCHASE AGREEMENT IN RELATION TO ACQUISITION OF PROPERTIES. 5 August 2015. 23 January 2017. China Oceanwide Holdings Limited. Hong Kong Stock Exchange.
  43. Web site: MAJOR AND CONNECTED TRANSACTIONS IN RELATION TO THE ACQUISITION OF A US REAL ESTATE PROJECT AND AN INDONESIAN POWER PLANT PROJECT. 20 August 2015. 24 January 2017. China Oceanwide Holdings Limited. Hong Kong Stock Exchange.
  44. Web site: 关联交易公告. 21 August 2015. 24 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. https://web.archive.org/web/20170202055349/http://disclosure.szse.cn/finalpage/2015-08-21/1201469202.PDF. 2 February 2017. dead.
  45. Web site: 对外担保公告. 31 October 2016. 24 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. https://web.archive.org/web/20170202061445/http://disclosure.szse.cn/finalpage/2016-10-31/1202801951.PDF. 2 February 2017. dead.
  46. Web site: 对外担保公告. 31 December 2016. 24 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. https://web.archive.org/web/20170202061610/http://disclosure.szse.cn/finalpage/2016-12-31/1202981580.PDF. 2 February 2017. dead.
  47. Web site: Hang Seng Indexes Announces Index Review Results. 10 February 2017. 28 February 2017. Hang Seng Indexes. https://web.archive.org/web/20170228164412/http://www.hsi.com.hk/HSI-Net/static/revamp/contents/en/news/pressRelease/20170210e.pdf. 28 February 2017. dead.
  48. Web site: http://www.szse.cn/main/files/2017/03/06/%E5%85%B3%E4%BA%8E%E6%B7%B1%E6%B8%AF%E9%80%9A%E4%B8%8B%E7%9A%84%E6%B8%AF%E8%82%A1%E9%80%9A%E8%82%A1%E7%A5%A8%E5%90%8D%E5%8D%95%E8%B0%83%E6%95%B4%E7%9A%84%E5%85%AC%E5%91%8A.pdf. zh:关于深港通下的港股通股票名单调整的公告. 6 March 2017. 11 March 2017. 中国创盈市场服务. Chinese.
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  50. Web site: http://www.cbrc.gov.cn/govView_434DA24A1BCC4C778D8C858DD46A3AE5.html. zh:关于中国民生信托有限公司变更股权、增资及调整股权结构的批复. 25 March 2016. 22 January 2017. China Banking Regulatory Commission. Chinese. https://web.archive.org/web/20190302010927/http://www.cbrc.gov.cn/govView_434DA24A1BCC4C778D8C858DD46A3AE5.html. 2 March 2019. dead.
  51. Formerly known as Oceanwide Real Estate Group (Hong Kong) between 2014 and 2015, Oceanwide Holdings (Hong Kong) between 2013 and 2014.
  52. Web site: http://disclosure.szse.cn/finalpage/2014-06-18/64147932.PDF. zh:关于认购中信泰富有限公司新增股份暨对外投资的公告. 18 June 2014. 23 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese. https://web.archive.org/web/20170202041103/http://disclosure.szse.cn/finalpage/2014-06-18/64147932.PDF. 2 February 2017. dead.
  53. Formerly known as Tohigh Property Investment, LLC
  54. Web site: http://disclosure.szse.cn/finalpage/2016-11-03/1202813400.PDF. zh:关于境外全资附属公司泛海控股国际金融发展有限公司收购华富国际控股有限公司相关股份的公告. 3 November 2016. 24 January 2017. Oceanwide Holdings. Shenzhen Stock Exchange. Chinese.
  55. Web site: JOINT ANNOUNCEMENT(I)AGREEMENT IN RELATION TO THE SALE AND PURCHASE OF SHARES IN QUAM LTD;(II)POSSIBLE UNCONDITIONAL MANDATORY CASH OFFERS.... 2 November 2016. 22 January 2017. Quam Financial Service Group. Hong Kong Stock Exchange.
  56. Web site: 上海港陆房地产开发有限公司12%股权 - . 2017-01-24 . https://web.archive.org/web/20170202015823/http://www.suaee.com/f/mprj/detail?id=G317SH1008745 . 2017-02-02 . dead .
  57. Web site: 上海浦港房地产开发有限公司20%股权 - . 2017-01-24 . https://web.archive.org/web/20170202020527/http://www.suaee.com/f/mprj/detail?id=G317SH1008744 . 2017-02-02 . dead .
  58. Web site: 2015 Annual Report. 15 April 2016. 24 January 2017. China Oceanwide Holdings. Hong Kong Stock Exchange.