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Shenzhen Heungkong Holding Co Ltd (600162.SS)

600162.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Shenzhen Heungkong To Buy Stakes In Three Tianjin Firms For 2.5 bln yuan
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Shenzhen Heungkong Holding Co Ltd <600162.SS>::SAYS IT PLANS TO BUY STAKES IN THREE TIANJIN-BASED FIRMS FOR A COMBINED 2.5 BILLION YUAN ($378.32 million) BY CASH.  Full Article

Shenzhen H&T Intelligent Control forms partnership with Shenzhen HeungKong Holding Co Ltd unit
Thursday, 30 Jun 2016 

Shenzhen H&T Intelligent Control Co Ltd <002402.SZ>: Says it entered into partnership agreement with a Shenzhen-based e-commerce company to co-develop smart home business, from June 23, 2016 to June 22, 2019 .Says the e-commerce firm is a unit of Shenzhen HeungKong Holding Co Ltd <600162.SS>.  Full Article

Shenzhen HeungKong Holding to pay 2015 dividend on June 27
Tuesday, 21 Jun 2016 

Shenzhen HeungKong Holding Co Ltd <600162.SS>: Says it will use undistributed profits to pay a cash dividend of 0.9 yuan (pre-tax) per 10 shares to shareholders of record on June 24 for 2015 . Says it will distribute 5 new share for every 10 shares as stock dividends .Says the company's shares will be traded ex-dividend on June 27 and the dividend will be paid on June 27.  Full Article

Shenzhen Heungkong Holding adjusts share issuance plan for stake acquisition and fund raising
Tuesday, 12 Apr 2016 

Shenzhen Heungkong Holding Co Ltd:Adjusts share issuance plan for stake acquisition and fund raising which was initially announced on Nov. 4, 2015.New plan is to issue 272,277,228 A shares at 6.06 yuan per share and pay 700 mln yuan, in exchange for 100 pct stake in a Shenyang-based commercial company, Shenzhen-based property company and commercial properties based in Changchun, Zhengzhou and Guangzhou.Transaction price is 2,350 mln yuan in total.To issue up to 387,788,779 shares to raise up to 2,350 mln yuan.  Full Article

Shenzhen Heungkong Holding to apply for comprehensive credit line
Thursday, 7 Apr 2016 

Shenzhen Heungkong Holding Co Ltd:Says it plans to apply for comprehensive credit line of 6.1 bln yuan in 2016.  Full Article

Shenzhen Heungkong Holding announces 2015 dividend payment
Thursday, 7 Apr 2016 

Shenzhen Heungkong Holding Co Ltd:To it use undistributed profits to pay a cash dividend of 0.9 yuan (pre-tax) per 10 shares to shareholders for 2015.To it use additional paid-in capital to distribute five new shares for every 10 shares.  Full Article

Shenzhen Heungkong Holding issues 2015 net profit
Monday, 1 Feb 2016 

Shenzhen Heungkong Holding Co Ltd:Says expects 2015 net profit to increase by 47-97 percent compared with 2014.Says 2014 net income was 256.4 million yuan.Comments that increased income and decreased financial costs are the main reasons.  Full Article

BRIEF-Shenzhen Heungkong To Buy Stakes In Three Tianjin Firms For 2.5 bln yuan

* SAYS IT PLANS TO BUY STAKES IN THREE TIANJIN-BASED FIRMS FOR A COMBINED 2.5 BILLION YUAN ($378.32 million) BY CASH Source text in Chinese: http://bit.ly/2zbpm6I Further company coverage: ($1 = 6.6081 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)