Description

Operating as an investment holding company, International Business Settlement Holdings Limited engages in a diverse portfolio of activities. Primarily active in the People's Republic of China, its property division undertakes the development and sale of both commercial and residential real estate, alongside land development for parking facilities. The company also manages and develops hotel properties. It extends financial technology services, providing settlement and clearing solutions to corporate and individual clients under its electronic money institution license. Its financial services arm offers money lending, finance leasing, and factoring. Furthermore, the group ventures into the technology sector by leasing servers and trading computer equipment for encrypted distributed storage. Manufacturing disposable contact lenses constitutes another key business segment. Additional operations include consultancy and general goods trading. Headquartered in Causeway Bay, Hong Kong, this entity rebranded from Chaoyue Group Limited in December 2016 and functions as a subsidiary of Long Grand Limited.