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Xinjiang Ba Yi Iron & Steel Co Ltd (600581.SS)

600581.SS on Shanghai Stock Exchange

4.63CNY
18 May 2018
Change (% chg)

¥0.00 (+0.00%)
Prev Close
¥4.63
Open
¥4.63
Day's High
¥4.63
Day's Low
¥4.56
Volume
27,281,450
Avg. Vol
72,500,108
52-wk High
¥8.73
52-wk Low
¥3.85

Latest Key Developments (Source: Significant Developments)

Xinjiang Ba Yi Iron & Steel announces change in accounting policy
Tuesday, 13 Mar 2018 

March 13(Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says it changes accounting policy based on accounting standards for business enterprises.  Full Article

Xinjiang Ba Yi Iron & Steel to invest 3.36 bln yuan to set up steel mill subsidiary
Tuesday, 13 Mar 2018 

March 13(Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says it plans to invest 3.36 billion yuan to set up a wholly owned steel mill subsidiary in Xinjiang.  Full Article

Xinjiang Ba Yi Iron & Steel's 2017 Net Profit Up 3,047.9 Pct Y/Y At 1.2 Bln Yuan
Monday, 12 Mar 2018 

March 12 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>::SAYS 2017 NET PROFIT UP 3,047.9 PERCENT Y/Y AT 1.2 BILLION YUAN ($189.69 million).  Full Article

Xinjiang Ba Yi Iron & Steel says unfreeze of shares
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says 3.8 million shares, or a 0.5 percent stake held by controlling shareholder, Xinjiang-based steel firm were unfrozen by people's court .  Full Article

Xinjiang Ba Yi Iron & Steel plans to buy assets from Bagang via asset swap, cash
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says it plans to buy smelting, energy and logistics assets from Bagang via asset swap and cash.  Full Article

Xinjiang Ba Yi Iron & Steel swings to net profit in Jan-Sept
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says 9-month net profit of 865.3 million yuan ($130.38 million) versus net loss of 551.8 million yuan year ago.  Full Article

Xinjiang Ba Yi Iron & Steel says result of lawsuit regarding construction contract disputes
Wednesday, 20 Sep 2017 

Sept 20 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS> ::* Says co received the first instance judgment of lawsuit filed by China MCC5 Group Co Ltd, regarding construction contract disputes.* According to the judgment, co was requested to pay project payment and related interest of 10.4 million yuan, as well as lawsuit fees.  Full Article

Xinjiang Ba Yi Iron & Steel to buy assets from Baowu's Xinjiang iron & steel operations
Wednesday, 13 Sep 2017 

Sept 13 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says it plans to buy assets from Baowu's Xinjiang iron & steel operations for about 4.3 billion yuan ($658.50 million) via cash, assets swap.  Full Article

Xinjiang Ba Yi Iron & Steel returns to black in H1 with net profit of 401.45 mln yuan
Friday, 25 Aug 2017 

Aug 25 (Reuters) - Xinjiang Ba Yi Iron & Steel Co Ltd <600581.SS>:Says it returns to net profit of 401.45 million yuan ($60.24 million) in H1 versus net loss of 313.80 million yuan year ago.  Full Article

Xinjiang Ba Yi Iron and Steel to return to net profit in Q1
Friday, 7 Apr 2017 

Xinjiang Ba Yi Iron And Steel Co Ltd <600581.SS> :Says it expects to return to net profit of 270 million yuan ($39.14 million) in Q1 versus net loss of 447.4 million yuan year ago.  Full Article

China stocks largely flat as parliament meeting kicks off

SHANGHAI, March 5 China stocks were little changed on Monday, the first day of the country's annual meeting of parliament where few surprises are expected. ** Investors also expect less volatility as Beijing tends to maintain stability in the markets during such key meetings. ** China aims to expand its economy by around 6.5 percent this year, the same as in 2017, while pressing ahead with its campaign to reduce risks in the financial system, Premier Li Keqiang said on Monday at the