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China ZhengTong Auto Services Holdings Ltd (1728.HK)

1728.HK on Hong Kong Stock

5.95HKD
26 Apr 2018
Change (% chg)

HK$-0.13 (-2.14%)
Prev Close
HK$6.08
Open
HK$6.11
Day's High
HK$6.11
Day's Low
HK$5.92
Volume
9,315,500
Avg. Vol
17,817,217
52-wk High
HK$10.04
52-wk Low
HK$3.94

Latest Key Developments (Source: Significant Developments)

China Zhengtong Auto Services Holdings Proposes To Buy Back Shares In Open Market
Monday, 2 Apr 2018 

April 2 (Reuters) - China ZhengTong Auto Services Holdings Ltd <1728.HK>::PROPOSES TO BUY BACK SHARES IN OPEN MARKET WITH OWN AVAILABLE CORPORATE CASH.  Full Article

China Zhengtong Auto Services Says Unit Enters General Contractor Agreement
Monday, 12 Mar 2018 

March 13 (Reuters) - China Zhengtong Auto Services Holdings Ltd <1728.HK>::UNIT AND GUANGZE REAL ESTATE DEVELOPMENT ENTER GENERAL CONTRACTOR AGREEMENT; CONTRACT PRICE NOT EXCEEDING RMB700 MILLION.  Full Article

China Zhengtong Auto Services Holdings Company & Controlling Shareholder Enter Placing Agreement
Friday, 12 Jan 2018 

Jan 12 (Reuters) - China Zhengtong Auto Services Holdings Ltd <1728.HK>::COMPANY AND ITS CONTROLLING SHAREHOLDER, JOY CAPITAL, ENTERED INTO PLACING AGREEMENT.INTENDS TO APPLY PROCEEDS FROM PLACING FOR DEVELOPMENT OF ITS AUTOMOBILE FINANCE BUSINESS..DEAL FOR PLACING PRICE OF HK$7.70 PER PLACING SHARE..‍NET PROCEEDS FROM PLACING WILL AMOUNT TO HK$1.73 BILLION.  Full Article

China Zhengtong Auto Services Says Entered Cooperation Agreement
Tuesday, 26 Dec 2017 

Dec 26 (Reuters) - China Zhengtong Auto Services Holdings Ltd <1728.HK>::CO, ZHENGTONG AUTO & COUNTERPARTY ENTERED LEGALLY BINDING COOPERATION AGREEMENT IN RESPECT OF STRATEGIC COOPERATION​.CO TO ESTABLISH COMPANIES IN PLACES OF REGISTRATION OF TARGET COMPANIES TO CARRY OUT TARGET SERVICES​.DURING TERM OF COOPERATION, FIXED ANNUAL AMOUNT OF RMB 71 MILLION PAYABLE BY ZHENGTONG AUTO TO COUNTERPARTY.  Full Article

China Zhengtong Auto Services To Place 50 Mln Shares At HK$7.60 Per Placing Share
Sunday, 17 Dec 2017 

Dec 17 (Reuters) - China Zhengtong Auto Services Holdings Ltd <1728.HK>::TO PLACE 50 MILLION SHARES AT HK$7.60 PER PLACING SHARE; NET PROCEEDS FROM PLACING TO BE ABOUT HK$377 MILLION.  Full Article

China Zhengtong Auto Services and Xiamen International Financial Technology to form JV co
Friday, 29 Sep 2017 

Sept 29 (Reuters) - China Zhengtong Auto Services Holdings Ltd <1728.HK>::Co and Xiamen International Financial Technology proposed to form a joint venture co.Joint venture co Shenzhen Zhengyuan Automobile Technology Co to have registered capital of RMB500 million.Co to become controlling shareholder of zhengyuan technology co with 80 percent shareholdings, post formation of JV.  Full Article

China Zhengtong Auto Services says ‍Zhengtong Auto, Li Wangxing and Lin Yihao entered aframework agreement​
Friday, 4 Aug 2017 

Aug 4 (Reuters) - China Zhengtong Auto Services Holdings Ltd <1728.HK>:Entered into agreement regarding somcs of bmw vehicles dealership, vehicles repair and other related business in china.Length of strategic cooperation is expected to be 10 years.‍zhengtong auto, li wangxing and lin yihao entered into a framework agreement​.  Full Article

China Zhengtong Auto Services Holdings issues positive profit alert
Friday, 14 Jul 2017 

July 14 (Reuters) - China Zhengtong Auto Services Holdings Ltd <1728.HK>:Expected to record a increase of more than 100% in profit attributable for HY2017.Expected result due to rapid growth of auto finance business.  Full Article

China Zhengtong Auto Services says increase in shareholding in co by controlling shareholder
Monday, 19 Jun 2017 

June 19 (Reuters) - China Zhengtong Auto Services Holdings Ltd <1728.HK>:Announces increase in shareholding in company by controlling shareholder.Controlling shareholder Grand Glory Trust acquired 1 million shares of co on 19 June on open market through Joy Capital.  Full Article

China Zhengtong Auto Services updates on increase in shareholding by controlling shareholder
Friday, 12 May 2017 

May 12 (Reuters) - China Zhengtong Auto Services Holdings Ltd <1728.HK>::Controlling shareholder, Grand Glory Trust acquired 3mln shares of co on open market through Joy Capital.  Full Article