China Real Estate Grp Ltd, formerly Asia-Pacific Strategic Investments Limited, is an investment holding company. The Company is engaged in the provision of management services to its subsidiary corporations. The Company operates in three business segments: Investment, Real estate agency and Sub-franchise. The Investment segment includes investment holding. The Real estate agency segment is engaged in the provision of real estate agency services, such as corporate and residential leasing, commercial and industrial sales, and residential sales and resales services. The Sub-franchise segment is engaged in the provision of real estate franchise rights to other real estate agencies. Its business segments operate in two main geographical areas: Singapore and Hong Kong. Its operations in Singapore area are principally the provision of real estate agency services and investment holding. Its operations in Hong Kong area are principally the provision of franchise services.