Established in 1872, China Merchants is currently one of the major four Chinese state-owned enterprises headquartered in Hong Kong and a conglomerate directly supervised by the central government(submitted to the State Asset Management Commission.). By the end of 2009, its total asset has reached RMB 2,682.76 billion yuan. China Merchants Group has acquired a predominating position and maintained a strong influence in the following three core businesses across such active and potential markets as Hong Kong, mainland China and South East China: transportation and related operation and management of the infrastructure(port, toll road, energy conveyance and logistics), financial investment and the management and development of the real estate .