Search results
Results From The WOW.Com Content Network
A hong (Chinese: 行; pinyin: háng; Jyutping: hong4-2) was a type of Chinese merchant establishment and its associated type of building. [1] Hongs arose in Guangzhou (formerly known as Canton) as intermediaries between Western and Chinese merchants during the 18–19th century, under the Canton System .
A Hokkien by his paternal ancestry with ancestry from Quanzhou, Wu was known to the West as Howqua, as was his father, Wu Guorong, the founder of the family business or hong. The name "Howqua" is a romanization, in his native Hokkien language , of the business name under which he traded, "浩官" ( Pe̍h-ōe-jī : Hō-koaⁿ ). [ 8 ]
The Hong merchants included Howqua (Wu Bingjian), Puankhequa, Mowqua, Goqua, Fatqua, Kingqua, Sunshing, Mingqua, Saoqua, and Punboqua. [15] Despite the existence of Sinophones [ 15 ] and the linguists usually accompanying each ship, [ 4 ] foreigners were notionally banned by imperial decree from learning the Chinese language, [ 1 ] there being ...
Over time, membership of the Cohong fluctuated between five and 26 merchants [7] authorized by the Qing Imperial Government to handle trade, particularly rights to trade tea and silk, with the West. [1] They were the only group at the time authorized to do this, making them the main controllers of all foreign trade in the nation.
This system licensed trade with Western merchants: licences were granted to a number of Chinese merchants as long as they helped to collect duties from the Westerners, successfully aligning trading interests with the government's revenue collection. This was the predecessor for the later Cohong system. [11]
China Merchants Group Limited (Chinese: 招商局集团; pinyin: Zhaoshangju Jituan) is a state-owned enterprise (SOE) of the People's Republic of China. The company operates under the auspices of the Chinese Ministry of Transport .
DFI Retail Group Holdings Limited (formerly known as Dairy Farm International Holdings Limited) is a Hong Kong–based retail company with legal bases in Bermuda and Singapore. A subsidiary of the Jardine Matheson Group , it is a major East and Southeast Asian retailer involved in the processing and wholesaling of food and health and beauty ...
China Merchants Port Holdings Company Limited (SEHK: 144) is a major conglomerate based in Hong Kong and is involved in a range of businesses such as port operations, general and bulk cargo transportation, container and shipping business, air cargo, logistics park operations and paint products.