A holding company is a purely financial concern which USES its capital solely to acquire interests (normally controlling interests) in a number of operating companies.

控股公司是一个纯粹的金融企业，此类企业运用其资金仅仅是为了从大量的运营企业中获得利益(通常是控制性权益)。

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Securities companies operating under the Ministry of 18, 11 Services, and Soochow holding fund management companies, futures brokers Soochow Limited (chip).

公司下属证券营业部18家，服务部11家，并控股东吴基金管理公司、东吴期货经纪有限公司(筹)。

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Bakrie is actually the listed holding company for a number of operating companies in the conglomerate's three main lines of business: rubber plantations, telecoms and oil-industry infrastructure.

ECONOMIST: Indonesian business: A survival guide | The

BT's plans to turn itself into a holding company and several quasi-independent operating companies is that they have taken so long to appear.

ECONOMIST: British Telecom

Interestingly, Moody's tends to rate the debt of bank holding companies lower than the debt of their operating subsidiaries.

WSJ: Review & Outlook: The Dodd-Frank Downgrade