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Shanghai Electric Group Co Ltd (601727.SS)

601727.SS on Shanghai Stock Exchange

6.17CNY
24 May 2018
Change (% chg)

¥-0.01 (-0.16%)
Prev Close
¥6.18
Open
¥6.16
Day's High
¥6.23
Day's Low
¥6.15
Volume
7,639,802
Avg. Vol
11,449,217
52-wk High
¥9.16
52-wk Low
¥5.43

Latest Key Developments (Source: Significant Developments)

Shanghai Electric Group Co Says Q1 Net Profit Attributable Up 22.55%
Friday, 27 Apr 2018 

April 27 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::Q1 REVENUE RMB18.42 BILLION, UP 20.04%.Q1 NET PROFIT ATTRIBUTABLE RMB657.4 MILLION, UP 22.55%.  Full Article

Shanghai Electric Group says change of accounting policies
Monday, 2 Apr 2018 

April 2(Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:Says it changes the accounting policies regarding non-current assets, disposal groups, discontinued operations and format of financial statements.  Full Article

Shanghai Electric Group to pay cash dividend of 0.9195 yuan per 10 shares (before tax) for 2017
Monday, 2 Apr 2018 

April 2(Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:Says it plans to pay cash dividend of 0.9195 yuan per 10 shares (before tax) to shareholders for 2017.  Full Article

Shanghai Prime Machinery To Sell Unit To Shanghai Electric (Group) Corporation
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Shanghai Prime Machinery Co Ltd <2345.HK>::CO TO SELL UNIT ELECTRIC BEARING FOR RMB58.8 MILLION TO SHANGHAI ELECTRIC (GROUP) CORPORATION.  Full Article

Shanghai Electric To Apply For Loan From Exim Bank, To Boost Hong Kong Unit's Capital
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>2727.HK::SAYS BOARD APPROVES TO BOOST CAPITAL OF HONG KONG'S UNIT BY 32 MILLION EUROS.SAYS IT PLANS TO APPLY FOR LOAN OF UP TO 2.3 BILLION YUAN FROM THE EXPORT–IMPORT BANK OF CHINA, MATURITY OF UP TO 5 YEARS.  Full Article

Shanghai Electric Group ‍Co Updates Regarding Land Repurchase Agreement
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::‍CO AND SEC ENTERED LAND REPURCHASE AGREEMENT; SEC TO REPURCHASE REPURCHASED LAND AT TOTAL CONSIDERATION OF RMB179.4 MILLION​.‍GAIN EXPECTED TO ACCRUE TO COMPANY IS RMB9.1 MILLION​.  Full Article

Shanghai Electric To Set Up Unit in Serbia, Unit Plans Wind Power Project
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>2727.HK::SAYS BOARD APPROVES TO SET UP UNIT IN SERBIA.SAYS IT PLANS TO BOOST MECHANICAL & ELECTRICAL ENGINEERING UNIT'S CAPITAL BY 908.0 MILLION YUAN ($138.97 million) TO 1.0 BILLION YUAN.SAYS UNIT PLANS TO INVEST 504.6 MILLION YUAN IN WIND POWER PROJECT.  Full Article

Shanghai Electric Group receives Approval To Issue Exchangeable Corporate Bonds
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::SHANGHAI MUNICIPAL GOVT' STATE-OWNED ASSETS SUPERVISION &ADMINISTRATION COMMISSION APPROVED CO TO ISSUE EXCHANGEABLE CORPORATE BONDS.RECEIVED APPROVAL FOR ISSUE OF CORPORATE BONDS OF NO MORE THAN RMB3 BILLION​.  Full Article

Shanghai Electric Group issues 416.1 mln shares and raises 3 bln yuan
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:Says it issued 416.1 million shares through private placement and raised 3 billion yuan in total .  Full Article

Shanghai Electric Group adjusts ‍conversion price of bonds to RMB10.37 per share
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:Conversion price of electric convertible bonds to be adjusted from RMB10.46 per share to RMB10.37 per share.  Full Article

Egypt gets bids for coal-fired power plant, to announce winner next week

CAIRO, May 20 Egypt next week will announce the winning consortium to build a 6,000 megawatt coal-fired power plant in the Red Sea port of Hamrawein after having received bids from three international consortiums, the electricity minister said on Sunday.