Owned by SM Prime Holdings, SM is a chain of shopping malls in the Philippines that has 58 malls located across the Philippines and 6 malls in China. SM Supermalls has become one of the biggest mall operators in Southeast Asia and in the world with 40 supermalls built and 8 more under construction. Aside from being one of the largest shopping mall chains, SM group has diversified to banking (BDO, ChinaBank), real estate (SMDC), hospitality and convention (SM MOA Arena, SMX Convention Center), to name a few.