Hong Kong-listed China Everbright Ltd announced its annual results for calendar year 2012 on March 26, reporting that profits from Hong Kong operations surged 57 percent to HK$1.41 billion ($182 million).
Chen Shuang, Everbright executive director and CEO, said the company in 2012 restructured the Direct Investment, Asset Investment and Asset Management divisions into three key segments ?? Primary Market Investment, Secondary Market Investment, and Structured Financing &Chic females. Investment.
The three new segments have become the core business operations, Chen said.
China Everbright reported a 24 percent year-on-year increase in operating income to HK$840 million.
The company said it believes China's sustainable development as well as the reform and opening of China's financial industry provide unprecedented opportunities for Everbright and its unique macro-asset management platform.
The Group is a shareholder of Beijing-based Everbright Bank. The midsize lender is making its third attempt to list in Hong Kong with a plan to raise $1.5 billion to meet stricter capital requirements that take effect at the end of 2013.
Copyright ©bikini photoshoot for girl.1999-2011 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
