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China Fortune Land Development Co Ltd (600340.SS)

600340.SS on Shanghai Stock Exchange

20.77CNY
17 Oct 2018
Change (% chg)

¥-0.35 (-1.66%)
Prev Close
¥21.12
Open
¥21.39
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¥21.54
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¥20.50
Volume
11,775,305
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¥46.88
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¥20.50

Latest Key Developments (Source: Significant Developments)

China Fortune Land's Unit Signs Agreement To Buy Stake In Development Firm For 1 Bln Yuan
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - China Fortune Land Development Co Ltd <600340.SS>::SAYS UNIT SIGNS AGREEMENT TO BUY 49 PERCENT STAKE IN DEVELOPMENT FIRM FOR 1.0 BILLION YUAN ($145.37 million).  Full Article

China Fortune Land's Unit Agrees To Buy Stakes In Two Construction Firms
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - China Fortune Land Development Co Ltd <600340.SS>::SAYS UNIT AGREES TO BUY 36.0 PERCENT STAKE IN CONSTRUCTION FIRM FOR 1.6 BILLION YUAN ($233.03 million).SAYS UNIT PLANS TO BUY 40 PERCENT STAKE IN CONSTRUCTION FIRM FOR 1.6 BILLION YUAN.  Full Article

China Fortune Land's Unit To Buy 45.45 Pct Stake In Property Firm For 3.2 Bln Yuan
Monday, 23 Jul 2018 

July 23 (Reuters) - China Fortune Land Development Co Ltd <600340.SS>::SAYS UNIT SIGNS AGREEMENT TO BUY 45.45 PERCENT STAKE IN PROPERTY FIRM FOR 3.2 BILLION YUAN ($472.09 million).  Full Article

China Fortune Land's Q2 And H1 Contract Sales Up From Year Ago
Thursday, 12 Jul 2018 

July 12 (Reuters) - China Fortune Land Development Co Ltd <600340.SS>::SAYS Q2 CONTRACT SALES UP 24.99 PERCENT Y/Y AT 35.86 BILLION YUAN ($5.38 billion).SAYS H1 CONTRACT SALES UP 15.56 PERCENT Y/Y AT 80.45 BILLION YUAN.  Full Article

China Fortune Land's Controlling Shareholder To Sell Shares To Ping An Asset Management For 13.8 Bln Yuan
Tuesday, 10 Jul 2018 

July 10 (Reuters) - China Fortune Land Development Co Ltd <600340.SS>::SAYS CONTROLLING SHAREHOLDER SIGNS AGREEMENT TO TRANSFER 582.1 MILLION CO'S SHARES, OR 19.7 PERCENT STAKE, TO PING AN ASSET MANAGEMENT FOR 13.8 BILLION YUAN ($2.09 billion).SAYS THE SHARE TRANSFER DOES NOT LEAD TO OWNERSHIP CHANGE.  Full Article

China Fortune Land's Fund Agrees To Invest 9.5 Bln Yuan For Stake In Blackcow Food's Display Subsidiary
Monday, 26 Mar 2018 

March 26 (Reuters) - China Fortune Land Development Co Ltd <600340.SS>::SAYS ITS DISPLAY FUND AGREES TO INVEST 9.5 BILLION YUAN ($1.51 billion) IN BLACKCOW FOOD'S <<<002387.SZ>>> DISPLAY PRODUCTION SUBSIDIARY FOR 46.27 PERCENT STAKE.  Full Article

China Fortune Land Development issues 2018 first tranche super short-term financing notes worth 1.5 bln yuan
Thursday, 15 Mar 2018 

March 15(Reuters) - China Fortune Land Development Co Ltd <600340.SS>:Says it issued 2018 first tranche super short-term financing notes worth 1.5 billion yuan, with a term of 180 days and annual coupon rate of 6.20 percent .  Full Article

China Fortune Land Development's 2017 Sales Up 26.4 Percent Y/Y At 152.1 Billion Yuan
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - China Fortune Land Development Co Ltd <600340.SS>::SAYS 2017 SALES UP 26.4 PERCENT Y/Y AT 152.1 BILLION YUAN ($23.37 billion).  Full Article

China Fortune Land Acquires Property Assets, To Set Up Property Firms
Friday, 5 Jan 2018 

Jan 5 (Reuters) - China Fortune Land Development Co Ltd <600340.SS>::SAYS IT AND UNITS SET UP SEVEN PROPERTY FIRMS WITH TOTAL INVESTMENT OF 580 MILLION YUAN ($89.41 million).SAYS UNIT ACQUIRES PROPERTY ASSETS OF 674.1 MILLION YUAN.  Full Article

China Fortune Land Development wins industry new city PPP project in Hebei Province
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - China Fortune Land Development Co Ltd <600340.SS> ::Says it won industry new city PPP project in Changli county, Hebei Province.  Full Article

Chinese developers rush for dollar bonds, raising $2.6 billion

HONG KONG, July 26 Seven Chinese property developers have tapped Asia's dollar bond markets in the past week, raising a combined $2.6 billion, as they race to take advantage of fresh investor enthusiasm for junk-rated bonds amid signs of economic support from Beijing.