Address: Lippo Building, Lippo Center, 89 Queensway, Hong Kong
Creation time: 199 1
brief introduction
Bao Li Group Limited
Founded in 199 1, the company belongs to the Li family in Indonesia. After the initial acquisition of Wanzhong Finance with assets of only HK$ 654.38+53 million, it expanded rapidly. 199 1, and bought all the shares of Lippo Asia in February. 1June 1992 successfully acquired about 99.73% equity of Hong Kong Chinese Bank. In July of the same year, 53.8 million new shares were placed in China Resources Group and renamed Vantage Co., Ltd. (Lippo holds 66.4%). In February 65438, Changjiang Industrial Group issued another HK$ 200 million convertible shares. In the past two years, the total assets of Lippo Group have increased from HK$ 560 million in 199 1 year to HK$ 2.329 billion at present, an increase of nearly five times. Lippo Group has six listed companies, namely Lippo Limited (investment holding), Lippo Asia Limited (China Merchants Bank) with 65,438+000% equity, Hong Kong Chinese Bank Limited (commercial bank) with 85% equity, Hong Kong Chinese Bank Holdings Limited (banking and finance) with 59.8% equity and Hong Kong Housing Loan Limited with 57.6% equity. Chairman of Lippo Group Co., Ltd. and Managing Director of Lippo Group Li.
Address: Lippo Building, Lippo Center, 89 Queensway, Hong Kong.