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China Resources Enterprise
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 / company

China Resources Enterprise

(華潤創業)

China Resources Enterprise
China Resources Enterprise
華潤創業
China Resources Enterprise (HK stock code: 0291) is a diversified group active in Hong Kong and China, importing mainland products to Hong Kong, and is a constituent stock of the benchmark Hang Seng Index. It has retail operations, including Vanguard supermarkets, and it owns Ng Fung Hong, a meat importer. It is a listed unit of conglomerate China Resources Holdings.
Chairman / President
Chen Ying
CFO / Finance Director
Wang Yan
Industry
Retail
Website
cre.com.hk
Headquarters Address
39/F, China Resources Building, 26 Harbour Road, Wanchai, Hong Kong
Stock Code
SEHK: 291
Year Founded
1992
Consumers shop at Florentia Village in suburban Shanghai. Photo: Maggie Zhang
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Corruption in China

China Resources’ ex-chairman gets 14 years jail for graft

Song Lin, the former chairman of China Resources Holdings Co., during a 2005 media event at the company’s Wanchai office. Photo: SCMP.

China Resources Enterprise sinks into losses

Supermarket operator China Resources Enterprise (CRE) sank into a HK$71 million loss for the third quarter, compared with a profit of HK$920 million for the same period last year.

China Resources expects drop in profitability after acquisition of Tesco stores

China Resources Enterprise said consolidated net profit fell 8.7 per cent year on year to HK$929 billion in the first half.

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Tesco

CRE confident of future Tesco profit

CRE's beer and beverage divisions performed strongly. Photo: Nora Tam
Cheung Kong

A.S. Watson sale tipped to hit price snag again

Li Ka-shing's determination to cash out of the AS Watson retail businesses after his recent setback in offloading his ParknShop supermarket assets is likely to meet the same problem: buyer resistance on price.

China Resources weighs sale of meat unit in Hong Kong

China Resources Enterprise (CRE), the state-backed retail and beer conglomerate, is evaluating options for its meat distribution unit in Hong Kong that could include a sale, said two people with knowledge of the matter.

Tesco

Tesco buys stake in retail venture for HK$4.33b

Top British retailer Tesco will pay HK$4.33 billion to gain 20 per cent of a venture with China Resources Enterprise that will run supermarkets and other stores on the mainland and in Hong Kong.

With 134 outlets, Tesco ranked eighth with a 2.4 per cent share in the mainland's hypermarket industry last year. Photo: Bloomberg

Opinion | Time to stop arguing and get things done instead

Over the week, as the political temperature remains high following the chief executive's second summer town hall meeting, this time at Kwun Tong, one lower profile development should not go unnoticed.

China Resources Enterprise (CRE) is the second-biggest supermarket operator on the mainland with its Vanguard chain. Photo: Edmond So

China Resources is hit by extravaganza clampdown

The campaign to curb extravagant spending by mainland officials and rising material costs took a toll on China Resources Enterprise, which saw a more than 60 per cent drop in net profit in the first three months of the year.

Profit fall fails to hold back CRE

Monitor | Hong Kong should have a beef with its dodgy meat monopoly

Ng Fung Hong, the monopoly meat importer of Hong Kong.

Rain dampens earnings for China Resources Enterprise

China Resources' retail unit, which includes Vanguard, posted a profit gain. Photo: Edmond So
Diaoyu Islands

Lai See | This is one place where you don't mention the Diaoyus

China Resources (Holdings)

Cash me if you can

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China Resources buys third brewery in Henan

Retail player seeks move into the mainland

CRE on acquisition trail after 34.4pc profit leap

Results

Results

Sinopec

China Resources profit jumps 194pc

Drug firm in sights of China Resources

CRE nears asset disposal deal

China Resources earns record $2.2b

Corrections & clarifications

Results diary

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