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China Huarong Asset Management Co Ltd (2799.HK)

2799.HK on Hong Kong Stock

2.72HKD
23 May 2018
Change (% chg)

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Latest Key Developments (Source: Significant Developments)

China Huarong Asset Management Says Lai Xiaomin Resigns As Chairman
Thursday, 19 Apr 2018 

April 20 (Reuters) - China Huarong Asset Management Co Ltd <2799.HK>::LAI XIAOMIN RESIGN AS CHAIRMAN.BOARD BELIEVED THAT LAI XIAOMIN'S RESIGNATION HAS NO IMPACT ON OPERATIONS OF COMPANY.INTENDS TO NOMINATE WANG ZHANFENG AS CHAIRMAN AND EXECUTIVE DIRECTOR.NOMINATES LI XIN AS AN EXECUTIVE DIRECTOR AND PRESIDENT OF COMPANY.APPLICATION MADE TO HK STOCK EXCHANGE FOR RESUMPTION OF TRADING IN CO'S H SHARES FROM 20 APRIL 2018.  Full Article

Ji Lin Ji En Nickel Industry receives verdict regarding loan contract disputes
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Ji Lin Ji En Nickel Industry Co Ltd <600432.SS>:Says it received verdict regarding loan lawsuit filed by Jilin branch of China Huarong Asset Management Co Ltd <<<2799.HK>>> again the co and two other firms .According to the verdict, the co was ordered to repay loan of 180 million yuan and related interest, and bear other lawsuit fees .  Full Article

Ji Lin Ji En Nickel Industry says arbitration filed by Huarong Tianze Investment
Tuesday, 5 Dec 2017 

Dec 5(Reuters) - Ji Lin Ji En Nickel Industry Co Ltd <600432.SS>:Says Huarong Tianze Investment Co Ltd filed an arbitration against the company and Jilin HOROC Group Co., Ltd, regarding counseling agreement and entrust loan contract .Says the amount of money involved in the case is 80.2 million yuan (including loan repayment, interest payment and consultant's fee payment)and related cost .  Full Article

China Huarong Asset Management to cut stake in Northeast Pharma
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Northeast Pharmaceutical Group Co Ltd <000597.SZ>:Says China Huarong Asset Management Co Ltd <<<2799.HK>>> plans to unload up to 0.99 percent stake in the company within three months.  Full Article

China Huarong Asset Management enters ‍subscription agreement for issuance of USD, SGD notes​
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - China Huarong Asset Management Co Ltd <2799.HK>:Entered ‍subscription agreement for issuance of USD notes and SGD notes.‍Aggregate net proceeds from issuance of USD notes & SGD notes at about U.S.$2.39 billion and S$398.59 million respectively​.  Full Article

China Huarong Asset Management Co ‍says Wang Keyue resigns as vice chairman​
Friday, 27 Oct 2017 

Oct 27 (Reuters) - China Huarong Asset Management Co Ltd <2799.HK>:‍ Wang Keyue resigned as vice chairman​.  Full Article

Ji Lin Ji En Nickel Industry says lawsuit regarding loan contract dispute
Thursday, 26 Oct 2017 

Oct 26(Reuters) - Ji Lin Ji En Nickel Industry Co Ltd <600432.SS>:Says Jilin branch of China Huarong Asset Management Co Ltd <<<2799.HK>>> filed a lawsuit against the co and two other firms, regarding loan contract dispute.Says the amount involved is about 215.6 million yuan.  Full Article

China Huarong Asset Management says HY net profit RMB11.12 billion<2799.HK>
Monday, 29 Aug 2016 

China Huarong Asset Management Co Ltd <2799.HK>: HY profit attributable to equity holders of the company RMB11.12 billion versus RMB 8.37 billion . The company does not declare any interim dividend for 2016 . Says HY total income RMB 40.01 billion versus RMB 37.83 billion . In the second half of 2016, global economic growth is expected to remain slow . In first half of 2016, the balance of non-performing loans and the non-performing loan ratio continued to increase .  Full Article

China Huarong Asset Management says Liang Zhijun retires as Vice President<2799.HK>
Wednesday, 8 Jun 2016 

China Huarong Asset Management Co Ltd <2799.HK>: liang zhijun and zhang lin to retire from their respective positions as vice president of the company .  Full Article

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HNA explores Ingram Micro sale, China Huarong held talks: sources

HONG KONG Several Chinese groups, including Huarong Asset Management, have been in discussions this year to buy Ingram Micro from HNA Group as the once-acquisitive conglomerate continues its efforts to retrench, according to sources with knowledge of the talks.