History of Jardine, Matheson & Co. | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-01-16

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/History_of_Jardine,_Matheson_%26_Co.


00:01:45 1 Background
00:03:59 2 Early history
00:09:39 3 The private firm of Jardine, Matheson &amp; Co.
00:13:51 4 Expansion
00:31:40 5 Diversification and further expansion
00:33:08 5.1 Shipping
00:35:20 5.2 Railways
00:39:22 5.3 Wharves and real estate
00:40:35 5.4 Star Ferry
00:41:08 5.5 Hong Kong Tramways Ltd.
00:41:40 5.6 Other industries
00:41:50 5.6.1 Insurance
00:42:43 5.6.2 Jardine Engineering Corporation
00:44:03 5.7 Overseas interests
00:45:59 5.8 The EWO companies
00:50:34 5.9 Imports and exports
00:53:17 5.10 Correspondents
00:54:48 5.11 Jardine Aircraft Maintenance Company (JAMCo)
00:55:48 6 Group structure c. 1938
00:56:08 7 War and withdrawal from the Chinese Mainland
01:00:55 8 Post-war restructuring
01:03:07 8.1 1960–1970
01:04:45 8.2 1970–1980
01:09:05 8.3 1980–1990
01:13:51 8.4 1990–2000
01:16:52 8.5 2000–2010
01:18:09 9 Notes



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SUMMARY
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Jardine Matheson & Co., later Jardine Matheson & Co. Ltd., forerunner of today's Jardine Matheson Holdings, was a Far Eastern trading company founded in 1832 by Scotsmen William Jardine and James Matheson as senior partners. Trafficking opium, while trading cotton, tea, silk and a variety of other goods, from its early beginnings in Canton (modern day Guangzhou), in 1844 the firm established its head office in the new British colony of Hong Kong then proceeded to expand all along the China Coast.
By the end of the nineteenth century, Jardine, Matheson & Co. had become the largest of the foreign trading companies in the Far East and had expanded its activities into sectors including shipping, cotton mills and railway construction.
Further growth occurred in the early decades of the twentieth century with new cold storage, packing and brewing businesses while the firm also became the largest cotton spinner in Shanghai.
After the founding of the People's Republic of China on 1 October 1949, doing business in the country became increasingly problematic. As a result, foreign businesses gradually withdrew from the mainland with Jardines leaving in 1954 to reconsolidate its business in Hong Kong. The firm would not return to mainland China until 1979, following the reform and opening up of the country.