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Shanghai Electric Group Co Ltd (601727.SS)

601727.SS on Shanghai Stock Exchange

5.74CNY
14 Feb 2018
Change (% chg)

¥0.09 (+1.59%)
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¥5.65
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¥5.66
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¥5.66
Volume
6,238,985
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¥9.26
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¥5.43

Latest Key Developments (Source: Significant Developments)

Shanghai Electric Group Says Electric Leasing Received Notice Of Acceptance From Shanghai High People's Court
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::ON 16 JAN ELECTRIC LEASING RECEIVED A NOTICE OF ACCEPTANCE FROM SHANGHAI HIGH PEOPLE'S COURT.PLEADING OF ELECTRIC LEASING AGAINST JIARUN CO IN RELATION TO DISPUTE ON FINANCIAL LEASING CONTRACT WAS ACCEPTED AS LITIGATION CASE.  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

Shanghai Electric Group's 9-mth net profit attributable RMB1.88 bln vs RMB2.04 bln‍​
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:9-month net profit attributable to shareholders rmb1.88 billion versus rmb2.04 bln‍​.9-month revenue rmb58.65 billion versus rmb 61.87 billion.  Full Article

Shanghai Electric gets regulatory approval for asset acquisition
Monday, 3 Jul 2017 

July 3 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>2727.HK:Says it gets securities regulator's approval for asset acquisition.  Full Article

Shanghai Electric in talks with controlling shareholder on restructuring of some assets
Thursday, 13 Oct 2016 

Shanghai Electric Group Co Ltd <601727.SS><2727.HK> :Says it is in discussion with controlling shareholder on asset restructuring involving industrial equipment and service assets.  Full Article

Shanghai Electric Group announces JV with China National Nuclear Corp
Friday, 23 Sep 2016 

Shanghai Electric Group<601727.SS> : Jv expected to develop, market and build advanced fuel candu reactor and form two new design centres . Agreement regarding setting up of a new joint venture .Signed an agreement of intent to cooperate in principle with snc-lavalin and china national nuclear corporation.  Full Article

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China pushing billions into Iranian economy as Western firms stall

ROME/ANKARA China is financing billions of dollars worth of Chinese-led projects in Iran, making deep inroads into the economy while European competitors struggle to find banks willing to fund their ambitions, Iranian government and industry officials said.