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0697 on Hong Kong Stock Exchange

Shoucheng Holdings

Hong Kong-based infrastructure asset management company

Shoucheng Holdings Limited (SEHK: 697) is a Hong Kong-based investment holding company and a red chip stock. It is a subsidiary of Shougang Group, a state-owned enterprise based in Beijing. The company focuses on infrastructure asset management and intelligent infrastructure investment across mainland China.2 Its shares trade on Hong Kong Stock Exchange under the symbol 0697.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1993Founded1

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Shoucheng Holdings Limited (SEHK: 697) is a Hong Kong-based investment holding company and a red chip stock. It is a subsidiary of Shougang Group, a state-owned enterprise based in Beijing. The company focuses on infrastructure asset management and intelligent infrastructure investment across mainland China.2

The story

The company was originally established as Tung Wing Steel and Iron Company Limited. In 1992, Shougang Group and Cheung Kong Holdings acquired controlling interests, and in 1993 it was renamed Shougang Concord International. It was one of the early constituents of the Hang Seng China-Affiliated Corporations Index.

Since 2016, Shoucheng Holdings has undergone a major business transformation. It divested its legacy steel and trading businesses and transitioned to an infrastructure asset-focused model. In 2020, the company changed its name to Shoucheng Holdings Limited to reflect this new direction.

In 2023 and 2024, Shoucheng expanded its national footprint in infrastructure management:

Acquired operating rights for parking assets at Tianjin Binhai International Airport and Lhasa Gonggar Airport

Launched Shoucheng Supercharge Energy Technology Co., entering the green energy sector

Invested in X Square Robot, supporting China's advanced robotics ecosystem

From Wikipedia’s article on Shoucheng Holdings, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Owners

From Wikidata.1

Timeline

  1. 1993Founded Founded1
  2. Apr 30, 1991Went public Listed on Hong Kong Stock Exchange1

Sources

The numbers on this page point here. Each one links to the record it came from.

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