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Chongqing Iron & Steel Co Ltd (601005.SS)

601005.SS on Shanghai Stock Exchange

2.09CNY
17 Aug 2018
Change (% chg)

¥-0.02 (-0.95%)
Prev Close
¥2.11
Open
¥2.12
Day's High
¥2.14
Day's Low
¥2.08
Volume
14,571,705
Avg. Vol
18,311,127
52-wk High
¥2.75
52-wk Low
¥1.93

Latest Key Developments (Source: Significant Developments)

Chongqing Iron & Steel Co Ltd Sees H1 Profit At About RMB760 Million
Monday, 23 Jul 2018 

July 23 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>::EXPECTED TO RECORD A PROFIT OF APPROXIMATELY RMB760 MILLION IN HY.  Full Article

Chongqing Iron & Steel To Swing Back To Profitability In H1
Monday, 23 Jul 2018 

July 23 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>1053.HK::SAYS IT SEES H1 NET PROFIT OF ABOUT 760.0 MILLION YUAN ($111.94 million) VERSUS NET LOSS OF 998.5 MILLION YUAN YEAR AGO.  Full Article

Chongqing Iron & Steel Appoints Directors Of Eighth Session Of Board
Tuesday, 15 May 2018 

May 15 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>::ZHOU ZHUPING, ZHENG JIE, LI YONGXIANG, TU DELING, AND ZHANG SHUOGONG APPOINTED AS DIRECTORS OF EIGHTH SESSION OF BOARD.ZHOU ZHUPING WAS ELECTED AS CHAIRMAN OF EIGHTH SESSION OF BOARD.HWANG YUHCHANG, INDEPENDENT NON-EXECUTIVE DIRECTOR, WILL NOT BE RE-APPOINTED AS A DIRECTOR OF EIGHTH SESSION OF BOARD.XU YIXIANG, XIN QINGQUAN, WONG CHUNWA, ZHENG YUCHUN APPOINTED AS INDEPENDENT NON-EXECUTIVE DIRECTORS OF EIGHTH SESSION OF BOARD.  Full Article

Chongqing Iron & Steel To Withdraw Delisting Risk Warning After Returning To Profit
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>1053.HK::SAYS TO WITHDRAW DELISTING RISK WARNING AS IT HAS RETURNED TO NET PROFIT IN 2017.SAYS SHARE TRADE TO HALT ON MARCH 8, AND TO RESUME ON MARCH 9.  Full Article

Chongqing Iron & Steel Says Shareholder Has Pledged 2.10 Bln Shares Of Co
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>::PURPOSE OF SHARE PLEDGE TO PROVIDE GUARANTEE FOR BORROWING OF RMB2.40 BILLION BY CHANGSHOU IRON & STEEL (NOT CHONGQING IRON & STEEL) FROM CDB.RECEIVED NOTICE OF CHONGQING CHANGSHOU IRON & STEEL PLEDGING 2.10 BILLION UNRESTRICTED TRADABLE SHARES OF COMPANY HELD BY IT.UPON PLEDGE, CHANGSHOU IRON & STEEL HAS PLEDGED 100% OF SHARES OF CO HELD BY IT & 23.51% OF TOTAL SHARE CAPITAL OF CO.  Full Article

Chongqing Iron & Steel Co ‍Announces Completion Of Implementation Of Reorganisation Plan​
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>::‍ANNOUNCES COMPLETION OF IMPLEMENTATION OF REORGANISATION PLAN​.ACCORDING TO PRELIMINARY CALCULATION, NET PROCEEDS FROM REORGANISATION ARE ESTIMATED TO BE ABOUT RMB2,000 MILLION.REORGANISATION WILL HAVE POSITIVE EFFECTS ON TURNAROUND OF NET PROFITS FOR AND NET ASSETS AS AT END OF 2017 OF CO.  Full Article

Chongqing Iron & Steel Says Former Substantial Shareholder Completed Pledge Release Procedures
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>::CHONGQING IRON & STEEL GROUP COMPLETED PLEDGE RELEASE PROCEDURES OF 300 MILLION SHARES PLEDGED TO CHONGQING RURAL COMMERCIAL BANK.CHONGQING IRON & STEEL GROUP COMPLETED PLEDGE RELEASE PROCEDURES OF 200 MILLION SHARES OF CO PLEDGED TO CHINA MINSHENG BANKING CORP.CHONGQING IRON & STEEL GROUP COMPLETED PLEDGE RELEASE PROCEDURES IN RESPECT OF 252 MILLION SHARES PLEDGED TO EXPORT-IMPORT BANK OF CHINA.UPON COMPLETION OF TRANSFER, CHONGQING IRON & STEEL GROUP WILL NO LONGER HOLD ANY SHARES IN COMPANY.CHANGSHOU IRON & STEEL WILL HOLD 2.10 BILLION SHARES OR 23.51% OF TOTAL SHARE CAPITAL OF COMPANY.  Full Article

Chongqing Iron & Steel Co Gets Resignation Reports From Chairman
Wednesday, 13 Dec 2017 

Dec 14 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>::RECEIVED WRITTEN RESIGNATION REPORTS FROM LIU DA WEI, CHAIRMAN OF COMPANY​.‍ZHOU HONG, LI REN SHENG, ZHANG LI QUAN AND YAO XIAO HU​ RESIGNED AS DIRECTORS.  Full Article

Chongqing Iron & Steel(Group) cuts stake in Chongqing Iron & Steel to 0 pct
Tuesday, 5 Dec 2017 

Dec 5(Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>:Says Chongqing Iron & Steel(Group) Co Ltd cut stake in the company to 0 percent from 47.3 percent .  Full Article

Chongqing Iron & Steel Says Co Received Of Confirmation Of Transfer Registration
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>::CHONGQING IRON & STEEL CO -ON 1 DEC, CO RECEIVED CONFIRMATION OF TRANSFER REGISTRATION FROM CHINA SECURITIES DEPOSITORY & CLEARING CORP.CHONGQING IRON & STEEL-PURSUANT TO ‍CONFIRMATION 1.09 BILLION SHARES WHICH ARE NOT SUBJECT TO LIMITATION OF RIGHTS TRANSFERRED TO SECURITIES ACCOUNT OF CO.  Full Article

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Breakingviews - Trump gives China a fresh excuse to push bailouts

HONG KONG (Reuters Breakingviews) - Washington’s trade threats are giving Beijing an excuse to slide back into state bailouts. The latest easing move from the People's Bank of China reduces the amount of funds banks must hold in reserve, effectively releasing $108 billion into the financial system. The liquidity will buttress rattled markets, and should also bring borrowing costs down. Unfortunately, regulators want most of the funds to go towards supporting the conversion of debt owed by ricket