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United Kingdom

China Merchants Land Ltd (0978.HK)

0978.HK on Hong Kong Stock

1.09HKD
14 Dec 2018
Change (% chg)

HK$-0.02 (-1.80%)
Prev Close
HK$1.11
Open
HK$1.09
Day's High
HK$1.11
Day's Low
HK$1.08
Volume
1,046,000
Avg. Vol
1,722,450
52-wk High
HK$1.74
52-wk Low
HK$0.97

Latest Key Developments (Source: Significant Developments)

China Merchants Land Announces Issue Of Bonds
Wednesday, 12 Dec 2018 

Dec 13 (Reuters) - China Merchants Land Ltd <0978.HK>::CHINA MERCHANTS LAND ANNOUNCES TO ISSUE BONDS FOR AN AGGREGATE PRINCIPAL AMOUNT OF UP TO CNY1.9 BILLION.BONDS ISSUED AT INTEREST 4.6% PER ANNUM, PAYABLE QUARTERLY IN ARREAR.  Full Article

China Merchants Land Says Unit Wins Bidding In Respect Of Land Use Rights Of Land
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - China Merchants Land Ltd <0978.HK>::UNIT HAS WON A BIDDING IN RESPECT OF LAND USE RIGHT OF LAND ON 28 NOV.DEAL FOR RMB290 MILLION.  Full Article

China Merchants Land Updates On Aggregate Contracted Sales For the Quarter
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - China Merchants Land Ltd <0978.HK>::FROM 1 JULY 2018 TO 30 SEPTEMBER 2018 ACHIEVED AGGREGATE CONTRACTED SALES OF ABOUT RMB7.39 BILLION , UP 85 PERCENT.  Full Article

China Merchants Land Announces Capital Increase In Nanjing Dingjiazhuang Trading Co
Monday, 8 Oct 2018 

Oct 9 (Reuters) - China Merchants Land Ltd <0978.HK>::UNITS SUCCEEDED IN BID OFFER BY PUBLIC TENDER.ANNOUNCES CAPITAL INCREASE IN NANJING DINGJIAZHUANG TRADING CO.UNITS TO INVEST IN PROJECT CO BY WAY OF CAPITAL CONTRIBUTIONS RMB356.6 MILLION, RMB178.3 MILLION FOR DEVELOPMENT OF LAND.ESTIMATED TOTAL INVESTMENT IN PROJECT CO, UNIT OF NANJING DINGJIAZHUANG LOGISTICS CENTER, IS ABOUT RMB3.62 BILLION.MERCHANTS NANJING, NANJING ZHAOSHENG, NANJING DINGJIAZHUANG LOGISTICS CENTER & NANJING DINGJIAZHUANG TRADING ENTER LOAN AGREEMENT.MERCHANTS NANJING & NANJING ZHAOSHENG TO GIVE LOAN TO NANJING DINGJIAZHUANG TRADING IN PROPORTION TO RESPECTIVE SHAREHOLDINGS.  Full Article

China Merchants Land Says Unit Entered Into Cooperation Agreement With Nanjing Jiaotong
Monday, 8 Oct 2018 

Oct 8 (Reuters) - China Merchants Land Ltd <0978.HK>::UNIT ENTERED INTO COOPERATION AGREEMENT WITH NANJING JIAOTONG TO JOINTLY INVEST IN PROJECT COMPANY.CHONGQING YI YUN AND NANJING JIAOTONG SHALL BEAR LAND PRICE OF RMB3.35 BILLION IN PROPORTION OF 51% AND 49% RESPECTIVELY.  Full Article

China Merchants Land Sees At Least 30% Jump In Profit Attributable For HY
Tuesday, 17 Jul 2018 

July 17 (Reuters) - China Merchants Land Ltd <0978.HK>::SEES SUBSTANTIAL INCREASE IN PROFITS AND AN AT LEAST 30% JUMP IN PROFIT ATTRIBUTABLE FOR HY.EXPECTED RESULT DUE TO SUBSTANTIAL INCREASE IN GROSS PROFIT MARGIN.  Full Article

China Merchants Land Says Qtrly Group Contracted Sales RMB9.12 Billion
Monday, 9 Jul 2018 

July 9 (Reuters) - China Merchants Land Ltd <0978.HK>::FROM 1 APRIL TO 30 JUNE GROUP CONTRACTED SALES RMB9.12 BILLION.  Full Article

China Merchants Land Says Guangzhou Merchants Enters Deal For Development Of Zengcheng Land
Thursday, 28 Jun 2018 

June 28 (Reuters) - China Merchants Land Ltd <0978.HK>::GUANGZHOU MERCHANTS ENTERED INTO COOPERATION AGREEMENT WITH GUANGZHOU JINDI & BEIJING YUANDONG FOR DEVELOPMENT OF ZENGCHENG LAND.GUANGZHOU JINDI TO TRANSFER 20 PCT OF REGISTERED CAPITAL OF JV COMPANY TO BEIJING YUANDONG.GUANGZHOU MERCHANTS,GUANGZHOU JINDI,BEIJING YUANDONG TO PROVIDE LOANS OF RMB190.3 MILLION, RMB11.4 MILLION, RMB76.1 MILLION TO JV CO.RESPECTIVE SHAREHOLDING OF GUANGZHOU MERCHANTS, GUANGZHOU JINDI, BEIJING YUANDONG IN JV CO 30 PCT, 30 PCT AND 40 PCT, RESPECTIVELY.BEIJING YUANDONG SHALL PROVIDE A SHAREHOLDER'S LOAN TO JV COMPANY IN AMOUNT OF RMB178.9 MILLION AFTER INCREASE IN STAKE.  Full Article

China Merchants Land Updates On Adjustment To Conversion Price Of Convertible Bonds Due 2020
Friday, 1 Jun 2018 

June 1 (Reuters) - China Merchants Land Ltd <0978.HK>::UPDATES ON ADJUSTMENT TO CONVERSION PRICE OF CONVERTIBLE BONDS DUE 2020.CONVERSION PRICE OF BONDS HAS BEEN ADJUSTED TO HK$2.70 PER SHARE.  Full Article

China Merchants Land Announces Disposal Of Stake In Foshan Merchants Zhonghuan Property
Wednesday, 25 Apr 2018 

April 25 (Reuters) - China Merchants Land Ltd <0978.HK>::ANNOUNCES DISPOSAL OF 50% EQUITY INTEREST IN FOSHAN MERCHANTS ZHONGHUAN PROPERTY TO FOSHAN YI YUN PROPERTY DEVELOPMENT CO.DEAL FOR TOTAL CONSIDERATION OF ABOUT RMB1.74 BILLION.  Full Article