Far East Holdings International Limited (Stock Exchange of Hong Kong Stock Exchange: 0036) is a well-known enterprise group of the Qiu Degen family, which was listed on the main board of the Stock Exchange of Hong Kong in 1973. As an investment holding company, its subsidiaries and associates are active in different regions and are engaged in different business areas, including information technology, media, manufacturing and financial services.
The Group's goal is to reflect the potential of the company, its management team and employees in the portfolio and to achieve ideal returns for shareholders. The Group understands the expectation of shareholders to make a profit through investment, and the Group shares the same belief in striving for an ideal return while minimizing the risk of capital loss at all stages of the business cycle.
The Qiu family, headed by Mr. Qiu Degen, is a successful entrepreneur. Wanya is famous and influential. Mr. Qiu was born in Shanghai and arrived in Hong Kong in 1949. His entrepreneurial process began with the opening of cinemas in rural areas. In 1959, Qiu opened a small bank, called the far East Bank, to provide farmers with deposit services. Then, Qiu invested in a number of sites in the New Territories. In 1962, Qiu continued to expand his business and acquired ─ Liyuan, a famous local theme park. In 1972, he founded and served as chairman of far East Development Co., Ltd., specializing in property development and investment. Qiu's outstanding talent and brilliant eye in investment can be seen through the acquisition of Asia Television Limited (ATV) (formerly known as Li TV). Asia is regarded as one of the two free television channels in Hong Kong. Before Qiu acquired ATV, ATV was facing various difficulties. However, after Qiu's acquisition, ATV turned from loss to profit through a series of reforms. Qiu's entry into ATV was also an important milestone in the history of television in Hong Kong.
Far East Holdings International Limited, formerly known as far East Technology International Limited, is listed on the main board of the Stock Exchange of Hong Kong in 1973. At that time, far East Holdings was an integrated enterprise and positioned as a property holding company. In 2007, far East Technology International Co., Ltd. changed its name to far East Holdings, and the group was positioned as an investment enterprise.
CEO： Zhenbiao Da
Market： Hong Kong motherboard