China Resources Enterprise

TOPIC

/ 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

Executives of China Resources Beverage (Holdings) Company at the bottler’s trading debut in Hong Kong on October 23, 2024: Wang Xiangming, chairman of the parent company China Resources Group (left), and Zhang Weitong, chairman of the bottler (right). Photo: Mia Castagnone

CR Beverage rises in Hong Kong trading debut as IPOs return to city

Trading under the code 2460, CR Beverage closed the day 14.6 per cent higher at HK$16.62 from its IPO price of HK$14.50.

13 Jan 2025 - 3:37PM

Corruption in China

Disgraced ex-chief of China Resources stripped of civic honour

18 May 2018 - 10:36PM

Corruption in China

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

1 Jun 2017 - 10:49PM

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.

15 Nov 2014 - 4:33AM

Profit from CRE's beer division, which sells Snow, declined 16.6 per cent in the third quarter to HK$625 million. Photo: Antony Dickson

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.

21 Aug 2014 - 1:40PM

CRE confident of future Tesco profit

21 Mar 2014 - 12:43AM

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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.

3 Jul 2018 - 8:31PM

Businesses under the AS Watson umbrella extend from pharmacy stores to health and beauty centres in Asia and Europe. Photo: Bloomberg

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.

20 Jun 2018 - 5:30PM

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.

3 Oct 2013 - 2:42AM

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.

19 Aug 2013 - 4:58AM

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.

17 May 2013 - 4:06AM

Higher-than-usual temperatures in the first quarter helped to boost sales volumes of China Resources' Snow beer. Photo: One Red Eye

Profit fall fails to hold back CRE

22 Mar 2013 - 4:19AM

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

30 Nov 2012 - 2:53AM

Rain dampens earnings for China Resources Enterprise

22 Nov 2012 - 4:11AM

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

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

22 Nov 2012 - 3:36AM

Young Diaoyu defenders

China Resources (Holdings)

Cash me if you can

24 Oct 2011 - 12:00AM

China Resources buys third brewery in Henan

23 Jul 2011 - 12:00AM

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Retail player seeks move into the mainland

28 May 2011 - 12:00AM

CRE on acquisition trail after 34.4pc profit leap

20 May 2011 - 12:00AM

Results

31 Mar 2008 - 12:00AM

Results

16 Nov 2007 - 12:00AM

China Resources profit jumps 194pc

6 Sep 2007 - 12:00AM

Drug firm in sights of China Resources

20 Mar 2007 - 12:00AM

CRE nears asset disposal deal

28 Oct 2016 - 9:17AM

China Resources earns record $2.2b

28 Oct 2016 - 9:17AM

Corrections & clarifications

12 Apr 2005 - 12:00AM

Results diary

7 Apr 2005 - 12:00AM

CRE plans stake in Zhengzhou gas firm

28 Oct 2016 - 9:17AM

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