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China CSSC Holdings Ltd (600150.SS)

600150.SS on Shanghai Stock Exchange

13.18CNY
18 May 2018
Change (% chg)

¥0.18 (+1.38%)
Prev Close
¥13.00
Open
¥12.97
Day's High
¥13.20
Day's Low
¥12.97
Volume
8,366,645
Avg. Vol
21,393,010
52-wk High
¥26.92
52-wk Low
¥12.94

Latest Key Developments (Source: Significant Developments)

China CSSC Holdings Clarifies Reports Related To Controlling Shareholder
Friday, 30 Mar 2018 

March 30 (Reuters) - China CSCC Holdings Ltd <600150.SS>::SAYS CONTROLLING SHAREHOLDER CHINA STATE SHIPBUILDING CORP HAS NOT RECEIVED ANY NOTICE REGARDING GOVERNMENT'S APPROVAL TO MERGE WITH CHINA SHIPBUILDING INDUSTRY CORP - CLARIFYING MEDIA REPORTS.  Full Article

China CSSC Expects To Hold Board Meeting To Review Asset Restructuring Plan Before Feb 26
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - China CSSC Holdings Ltd <600150.SS>::SAYS IT EXPECTS TO HOLD BOARD MEETING TO REVIEW ITS ASSET RESTRUCTURING PLAN BEFORE FEB 26.  Full Article

China CSSC Unable To Sign Agreements Before Jan 13 As Counter Parties In Assets Restructuring Not Confirmed
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - China CSSC Holdings Ltd <600150.SS>::SAYS IT IS UNABLE TO SIGN ANY AGREEMENTS BEFORE JAN 13 AS COUNTER PARTIES IN ITS ASSETS RESTRUCTURING ARE NOT CONFIRMED.SAYS IT EXPECTS TO HOLD A BOARD MEETING BEFORE FEB 26 TO DISCUSS ITS ASSET RESTRUCTURING PROPOSAL.SAYS SHARE TRADE REMAINS SUSPENDED.  Full Article

China CSSC Expects China Authorities To Agree In Principle To Asset Restructuring Plan By Feb 25
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - China CSSC Holdings Ltd <600150.SS>::SAYS IT EXPECTS STATE-OWNED ASSETS SUPERVISION AND ADMINISTRATION COMMISSION OF THE STATE COUNCIL TO AGREE IN PRINCIPLE TO ITS ASSET RESTRUCTURING BY FEB 25, SHARE TRADE REMAINS SUSPENDED.  Full Article

China CSSC Holdings unit's sale of products to reduce 2017 profit due to weak prices
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - China CSSC Holdings Ltd <600150.SS>:Says unit's sale of offshore oil engineering products totalling 7.48 billion yuan ($1.13 billion) to reduce its 2017 profit by about 715.9 million yuan due to weak product prices.  Full Article

China CSSC Holdings and unit to jointly acquire 51 pct stake in ocean transportation firm
Tuesday, 14 Nov 2017 

Nov 14(Reuters) - China CSSC Holdings Ltd <600150.SS>:Says co and unit Chengxi shipyard Co., Ltd plan to jointly acquire 51 percent stake in Yangzhou-based ocean transportation firm from China State Shipbuilding Corp .Says acquisition price is 742.7 million yuan in total.  Full Article

China CSSC Holdings unit to sell drilling platforms and platform supply vessels for 7.48 bln yuan
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - China CSSC Holdings Ltd <600150.SS> ::Says its unit plans to sell 7 drilling platforms and 4 platform supply vessels for 7.48 billion yuan .  Full Article

China CSSC Holdings' 9-month net loss narrows to 292.7 mln yuan
Monday, 30 Oct 2017 

Oct 30 (Reuters) - China CSSC Holdings Ltd <600150.SS>:Says 9-month net loss narrows to 292.7 million yuan ($44.06 million).  Full Article

China CSSC Holdings swings to loss in H1, unit to set up drilling JV
Friday, 25 Aug 2017 

Aug 25 (Reuters) - China CSSC Holdings Ltd <600150.SS>:Says it swings to net loss of 19.7 million yuan ($2.96 million) in H1 versus net profit of 17.1 million yuan year ago.Says unit, partners plan to invest $212.1 million to set up drilling JV.  Full Article

China CSSC Holdings swings to net loss in 2016, Q1
Friday, 28 Apr 2017 

April 28 (Reuters) - China CSSC Holdings Ltd <600150.SS>:Says it swings to net loss of 2.6 billion yuan ($377.15 million) in 2016 versus net profit of 61.8 million yuan year ago.Says it swings to net loss of 71.9 million yuan in Q1 versus net profit of 115.7 million yuan year ago.  Full Article

China gives go-head for two largest shipbuilders to merge: Bloomberg

SHANGHAI China's cabinet has given preliminary approval to merge the country's two largest shipbuilders, China State Shipbuilding Corp [SASACN.UL] with China Shipbuilding Industry Corp [CSBIC.UL], Bloomberg reported on Friday, citing people familiar with the matter.