APT Satellite Holdings

APT Satellite Holdings Limited is a Bermuda-incorporated holding company. Its Hong Kong-incorporated subsidiary APT Satellite Co., Ltd. is the operator of the Apstar satellite constellation. APT Satellite Holdings and APT Satellite are headquartered in Hong Kong.

APT Satellite Holdings Limited
Company typepublic company
Traded as
SEHK: 1045
IndustryTelecommunications
Founded1992 (1992) (as APT Satellite)
FounderMinistry of Aeronautics and Astronautics
Headquarters
Hong Kong(de facto)
Bermuda(registered office)
BrandsApstar
Services
  • Satellite communications
  • Satellite TV signals
Revenue HK$1.230 billion (2016)
HK$0632 million (2016)
Net income
 HK$0494 million (2016)
Total equity HK$4.849 billion (2016)
Owner
Chinese Government and other investors (via APT Satellite International)(51.77%)
Chinese Government via CASC(02.90%)
Temasek Holdings(05.51%)
International Value Adviser(05.12%)
Parent
APT Satellite International(direct)
China Satcom(intermediate)
CASC(intermediate)
The SASAC(intermediate)
The State Council(ultimate)
SubsidiariesAPT Satellite (100%)
Websitewww.apstar.com
Footnotes / references
in consolidated financial statement
Chinese name
Traditional Chinese亞太衛星控股有限公司
Simplified Chinese亚太卫星控股有限公司
Literal meaningAsia Pacific Satellite Holding, Limited Company
short name
Traditional Chinese亞太衛星
Simplified Chinese亚太卫星
Literal meaningAsia Pacific Satellite

As at 30 June 2016 the company had a market capitalisation of HK$3.816 billion. It is a red chip company, as it was an overseas incorporated company, but controlled by the Chinese Government indirectly (via China Aerospace Science and Technology Corporation). 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.

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