Fellow Hong Kong–based satellite company AsiaSat was also partially owned by the Chinese Government (via CITIC Group), but belongs to a different department of the State Council.

[4][citation needed] APT Satellite is a red chip company was listed on the Hong Kong Stock Exchange on 18 December 1996.

[1] Lastly, CASC owned 1.45% shares of APT Satellite Holdings directly.

[1] CASC acquired the aforementioned 14.29% shares of APT Satellite International from its listed subsidiary China Aerospace International Holdings in 2011, by purchasing a company CASIL Satellite for HK$132.3 million.

[7] In 2003, the other shareholders of APT Satellite International were China Satellite Communications (at that time a separate state-owned enterprise from CASC); SingaSat, a wholly owned subsidiary of Singtel; and Kwang Hua Development and Investment, a Hong Kong company co-owned by Ruentex Group and China Development Corporation.