- Business
- Cocoon Holdings Limited Cocoon Holdings Limited (0428.HK) is an investment holding company principally engaged in investments in securities listed on recognised stock exchanges and unlisted investments with potential for earnings growth and capital appreciation. The company focuses on principal investments in listed and unlisted companies across resources, technology-enabled manufacturing, food and retail, and healthcare sectors; it also provides ancillary services including money market instruments, capital syndication, and strategic corporate deals emphasizing financial restructuring and capital infusion. Operations center on Asia and the Greater China region, with primary investments in Hong Kong-listed equities such as Tencent Holdings Limited, Bright Smart Securities & Commodities Group Limited, Xiaomi Corporation, Alibaba Group Holding Limited, and Semiconductor Manufacturing International Corporation; U.S.-listed equities including Winchester Holding Group, Readen Holding Corporation, Sante Technology Holdings Inc., and GSGG Group Inc.; and unlisted holdings like LNPR Group Inc. in renewable energy technology and Perfect Path Limited in gold mining. Founded in 1993 and formerly known as Huge China Holdings Limited, the company is headquartered in Hong Kong at Room 14A, Fortune House, 61 Connaught Road Central, Central, with an additional office in Hamilton, Bermuda. Recent developments include a capital reorganisation effective July 2024 involving share consolidation, reduction, and subdivision; multiple placings of new shares, such as 17.9 million shares in June 2025 at HK$0.17 per share and 21.4 million shares in August 2025 at HK$0.178 per share to fund investments and working capital; issuance of shares upon exercise of 4.3 million share options during the first half of 2025; and a reported profit of HK$3.0 million for the six months ended June 30, 2025, versus a prior-year loss, driven by realised gains on disposals including Alibaba and Xiaomi.