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Huarong Investment Stock Corporation Ltd (2277.HK)

2277.HK on Hong Kong Stock

0.39HKD
24 Sep 2018
Change (% chg)

HK$0.00 (+0.00%)
Prev Close
HK$0.39
Open
HK$0.39
Day's High
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HK$0.39
Volume
100,000
Avg. Vol
326,044
52-wk High
HK$1.89
52-wk Low
HK$0.38

Latest Key Developments (Source: Significant Developments)

Huarong Investment Stock Corp Says H1 Profit For Period Attributable HK$26.7 Million
Thursday, 30 Aug 2018 

Aug 31 (Reuters) - Huarong Investment Stock Corporation Ltd <2277.HK>::H1 REVENUE HK$821 MILLION, UP ABOUT 144 PERCENT.H1 PROFIT FOR PERIOD ATTRIBUTABLE HK$26.7 MILLION VERSUS HK$63.1 MILLION.BOARD DOES NOT RECOMMEND PAYMENT OF INTERIM DIVIDEND FOR HY ENDED 30 JUNE 2018.  Full Article

Huarong Investment Stock Corporation Updates On Facility Letters Signed With Bank
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Huarong Investment Stock Corporation Ltd <2277.HK>::SIGNED REVOLVING SHORT TERM ADVANCE FACILITY LETTER & TREASURY FACILITY LETTER WITH BANK FOR U$15 MILLION & US$5 MILLION.  Full Article

Huarong Investment Stock Says Wang Zhanfeng Proposed & Nominated As Chairman Of China Huarong Asset Management
Thursday, 19 Apr 2018 

April 19 (Reuters) - Huarong Investment Stock Corporation Ltd <2277.HK>::COMPANY NOTES THAT CHAIRMAN OF CHINA HUARONG ASSET MANAGEMENT CO, LAI XIAOMIN RESIGNED.WANG ZHANFENG BEEN PROPOSED AND NOMINATED AS EXECUTIVE DIRECTOR AND CHAIRMAN OF CHINA HUARONG.LI XIN HAVE BEEN PROPOSED AND NOMINATED AS AN EXECUTIVE DIRECTOR AND PRESIDENT OF CHINA HUARONG.APPLIED TO STOCK EXCHANGE FOR RESUMPTION OF TRADING IN SHARES FROM 9:00 A.M. ON FRIDAY, 20 APRIL.CHANGE OF SENIOR MANAGEMENT WILL NOT CAUSE ANY ADVERSE IMPACT TO BUSINESS, OPERATION AND FINANCIAL POSITIONS OF GROUP.  Full Article

Huarong Investment Stock Says Star Lavish To Subscribe To Bonds Of HK$300Mln
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Huarong Investment Stock Corporation Ltd <2277.HK>::STAR LAVISH LIMITED AGREED TO SUBSCRIBE TO BONDS IN PRINCIPAL AMOUNT OF HK$300MLN FROM SUPERACTIVE GROUP COMPANY.  Full Article

Huarong Investment Stock Corp Says To Issue Securities To Blossom Direction
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Huarong Investment Stock Corporation Ltd <2277.HK>::‍CO TO ISSUE TO BLOSSOM DIRECTION 4.981% UNSUBORDINATED PERPETUAL SECURITIES FOR US$162 MILLION.  Full Article

Huarong Investment Stock Corp's Vice Chairman Yeung Chun Wai Anthony Resigns
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Huarong Investment Stock Corporation Ltd <2277.HK>::‍ YEUNG CHUN WAI ANTHONY RESIGNED AS VICE CHAIRMAN OF BOARD.‍NIU SHAOFENG RESIGNED AS AN EXECUTIVE DIRECTOR​.YEUNG CHUN WAI ANTHONY HAS RESIGNED AS AN EXECUTIVE DIRECTOR​.  Full Article

Huarong Investment Stock Corp says Master Glory​ to issue to unit notes worth HK$300 mln
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Huarong Investment Stock Corporation Ltd <2277.HK>::Master Glory​ to issue to unit, notes in principal amount of HK$300 million.  Full Article

Huarong Investment Stock Corp announces acquisition of sale CDIs
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Huarong Investment Stock Corporation Ltd <2277.HK>:‍Miao Shi Investment Group to sell sale CDIs to unit at a$0.4662 per sale CDI for a total consideration of A$5.9 million​.City Savvy entered into CDI subscription agreement to issue subscription cdis for about HK$42 million​ to Retech Technology.City Savvy and Retech Technology entered into CN subscription agreement for principal amount of HK$39 million​.  Full Article

Retech Technology says Huarong Investment Stock Corp signs documents to get 20.89 pct interest in co
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Retech Technology Co Ltd :Huarong investment stock corporation signed transaction documents to get 20.89 percent interest in Retech​.  Full Article

Huarong Investment Stock appoints ‍Niu Shaofeng as executive director​
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Huarong Investment Stock Corporation Ltd <2277.HK>::‍Lin Changhua has resigned as an executive director​.‍Niu Shaofeng has been appointed executive director​.  Full Article

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Breakingviews - Political risk creeps into China’s very bad bank

HONG KONG (Reuters Breakingviews) - Beijing’s ownership is no longer reliable investor insurance. China Huarong Asset Management said on Sunday that its first-half earnings would fall sharply, the latest stumble in an acute crisis triggered by its chairman’s fall from grace. The government, its top stakeholder, seems content to watch the stock collapse. State backing, it seems, now comes with even more fine print.

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