- CEO
- Sui Wah Leung
- Full Time Employees
- 711
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Skyline Tower Hong Kong Hong Kong
- IPO Date
- Mar 12, 1973
- Business
- China Agri-Products Exchange Limited China Agri-Products Exchange Limited (0149.HK) is a Bermuda-incorporated investment holding company listed on the Hong Kong Stock Exchange, primarily engaged in the investment, development, construction, operation, and management of agricultural produce exchange markets and related properties in the People's Republic of China; it operates through two main segments, namely agricultural produce exchange market operation, which generates revenue from gross rental income on investment properties, commission income from market trading, property ancillary services including utilities and maintenance, and food and agricultural by-products merchandising, and property sales, encompassing the development and sale of commercial and residential properties within these markets. The company manages a network of key markets including Wuhan Baisazhou Agricultural and By-Product Exchange Market in Hubei Province with approximately 310,000 square metres focused on comprehensive wholesale trading; Huangshi Hongjin Market also in Hubei with 23,000 square metres for vegetables and by-products; Suizhou Baisazhou Market in Hubei under contract management rights covering 240,000 square metres; Luoyang Hongjin Market in Henan Province spanning 255,000 square metres; Puyang Hongjin Market in Henan; Kaifeng Hongjin Market in Henan with 140,000 square metres; Yulin Hongjin Market in Guangxi Zhuang Autonomous Region covering 141,000 square metres, now limited to Phase II following disposal; Qinzhou Hongjin Market in Guangxi with 180,000 square metres; Xuzhou Agricultural and By-Product Exchange Market in Jiangsu Province occupying 200,000 square metres; and Panjin Hongjin Market in Liaoning Province with 50,000 square metres specializing in river crabs trading; it also develops e-commerce through a new electronic trading platform to enhance market efficiency and targets wholesale traders, retailers, producers, and end consumers across these regions. Founded in 1995 and headquartered in Kowloon Bay, Hong Kong, the company operates as a subsidiary of Wang On Group Limited and maintains joint ventures for select markets while pursuing asset-light models via contract management rights. Recent developments include the disposal of its interest in Phase I of Yulin Hongjin Agricultural By-products Wholesale Marketplace Limited completed on 4 July 2025 for RMB24.69 million to streamline operations; multiple sale and leaseback arrangements in 2025, such as those in May with Haier Financial Services China Co., Ltd. for RMB71.4 million involving construction projects and equipment in Puyang and Luoyang, and in August with Jiangsu Financial Leasing Co., Ltd. for RMB20 million in refrigeration and power equipment to optimize liquidity; issuance of unsecured medium-term notes totaling HK$81.5 million in April and July 2025 under a HK$1 billion programme maturing in 2037; and ongoing cost controls in e-commerce platform development amid gradual economic recovery in China.