It acquired the controlling stake of financial service companies Minsheng Securities in 2014, China Minsheng Trust in 2016, as well as 71.36% shares of Hong Kong–based public companies Hutchison Harbour Ring in 2014[18] (was renamed into China Oceanwide Holdings Limited, SEHK: 715) and Quam Financial Service Group (SEHK: 952) in 2017.
However, the acquisition of CASH Financial Services Group (SEHK: 510), via Oceanwide Holdings International Finance, was failed in 2015.
[21][22] (Eventually a HK$3.3 billion was borrowed from a financial services company in Hong Kong, that the name was not disclosed[23]) The final purchase price was approx.
[27] The company also acquired a project in Figueroa Central, South Park, Downtown Los Angeles in 2013 (via Tohigh Construction Investment) for not more than US$200 million.
[30] On 10 September, the issue of US$320 million bond (SEHK: 5798) by a SPV: Oceanwide Real Estate International Holding was completed.
[31] In August 2015, the L.A. project was sold to the Hong Kong publicly traded subsidiary China Oceanwide Holdings Limited, for an approx.
[33][34] Again, it was a leverage buyout, as Oceanwide Holdings International Investment, the intermediate parent company of aforementioned Tohigh Property Investment, planned to borrow US$160 million from Industrial and Commercial Bank of China, which Oceanwide Holdings, had pledged some of the assets located in the mainland China to the bank.
[35] In August 2015, US$400 million bonds (SEHK: 5557) were issued by another SPV: "Oceanwide Holdings International 2015 Co., Ltd." for the San Francisco project.
[43] In June, China Oceanwide Holdings Limited also lend HK$700 million to Able China Investments, a private company owned by Wong Pui Hoi and was the second largest shareholder of Simsen International (SEHK: 993), in turn 270 million number of shares of Simsen International were pledged.
[32][47] Since 2016, the Hong Kong company, relying heavily on collateral deposited by its parent company in the mainland China, and via China Oceanwide International Capital Investments Management, borrowed US$50 million from Credit Suisse's Hong Kong branch.
[48] Another subsidiary, China Oceanwide International Capital Hong Kong, borrowed US$75 million from Hang Seng Bank.
On 10 February 2017 China Oceanwide Holdings was removed from Hang Seng Composite MidCap Index as a constituent.