Greenland Holdings | Wikipedia audio article
Channel: wikipedia tts
Date: 04/06/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Greenland_Holdings


00:01:50 1 Non-real estate interests
00:02:24 2 Shareholders and board of directors



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Speaking Rate: 0.7770737484270107
Voice name: en-GB-Wavenet-C


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SUMMARY
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Greenland Holdings Corp., Ltd. known as Greenland Group is a Chinese publicly traded real estate developer. Founded as a state-owned enterprise, As of 31 December 2016, the top 10 shareholders of the listed company owned a combined 88% shares, which some state-owned enterprise invested in Greenland via private equity funds.
As of 2014, it owned about US$58 billion in assets. By the company's own estimate, in 2014 it was the largest real estate developer in the world by floor space under construction and sales revenue.It was created in 1992 to develop green belts around Shanghai. Starting around 2013, it began to make major investments in developments outside of China. As of 2014, these include Metropolis Los Angeles in Los Angeles, Spire London, a 235-metre residential skyscraper in the London Docklands, Greenland Centre Sydney in Sydney, Atlantic Yards in New York, and an 872 unit condo plus 122 room hotel complex in Toronto.In 2014 the company takeover Shanghai Jinfeng Investment (Chinese: 上海金丰投资) as part of a backdoor listing. Since June 2017, it was part of Shanghai Stock Exchange's blue chip index: SSE 50 Index.