China Overseas Land and Investment Limited, known as China Overseas, is a Hong Kong–based and incorporated real estate conglomerate. It is an indirect subsidiary of China State Construction Engineering Corporation Limited. Found in June 1979, it is engaged in construction and contracting, property development and infrastructure investment, with operations currently in Hong Kong, Macau and Mainland China. China Overseas was listed in the Stock Exchange of Hong Kong as a red chip stock in August 1992. In July 2005, it spun off its construction business and formed China State Construction International Holdings Limited, which was listed on the Stock Exchange of Hong Kong. On 10 December 2007, it was selected to be a Hang Seng Index Constituent Stock. Wikipedia