Conglomerate (company) music industry, television and film production and distribution, financial services, and telecommunications. In China, many of the country's conglomerates are state-owned enterprises, but there is a substantial number of private conglomerates. Notable conglomerates include BYD, CIMC, China Merchants Bank, Hasee, Huawei, JXD, Ping An Insurance, TCL Corporation, Tencent, TP-Link, ZTE, Legend Holdings, Dalian Wanda Group, China Poly Group, Beijing Enterprises, and Fosun International. Fosun is currently China's largest civilian-run conglomerate by revenue. In South Korea, the "chaebol" are a type of conglomerate owned and operated by a family. A chaebol is also inheritable, as most of current presidents of chaebols
Owned-and-operated station urban centres); the few affiliates are located in smaller regional markets like Lloydminster and Thunder Bay. CBC Television, with its role as the publicly funded broadcaster, has at least one O&O in every single province, as well as CBC North serving the three territories as well as northern Quebec. While the majority of Canadians are served by CBC owned-and-operated stations, the CBC also has some privately owned affiliates, though the number has decreased over the years, particularly since the early 2000s. As of January 2017, no private CBC affiliates remain (the last such station disaffiliated in September 2016), and stations