5 stories mentioning HKG:1109Updated 2h ago
Every FINWIRES story that references HKG:1109, newest first.
China Resources Land (HKG:1109) entered into a facility letter to obtain a term loan facility of up to 1 billion yuan from a bank, according to a Thursday Hong Kong bourse filing.The facility is valid for 36 months from the date of the first drawdown.
China Resources Land (HKG:1109) recorded contracted sales of around 23.51 billion yuan in May, up 28% from the year-ago period, according to a Friday Hong Kong bourse filing.Gross floor area sold stood at 521,000 square meters, down 20% from a year prior.Recurring revenue for the month rose 8.6% year over year to roughly 4.44 billion yuan. Of the total, rental income from the investment property rental business climbed 11% to 3 billion yuan.For the five months ended May 31, the property developer's contracted sales rose 7.7% to approximately 93.51 billion yuan, while GFA dropped 27% to 2.36 million square meters.Recurring revenue for the period increased 7.7% to 22.01 billion yuan, of which rental income from the investment property rental business jumped 13% to 15 billion yuan.
China Resources Land (HKG:1109) obtained approval for a proposed spin-off of certain shopping mall projects through the structure of an REIT on the Shenzhen Stock Exchange from the Hong Kong bourse, according to a Monday Hong Kong bourse filing.The bourse has also granted the company the Waiver of Assured Entitlement.The proposed spin-off constitutes the disposal of two shopping malls in Jiangsu and Shandong Provinces, China, to the REIT, as well as a subscription of 20% to 30% of units in the public fund established within the REIT by the firm, according to an earlier filing.
China Resources Land (HKG:1109) recorded contracted sales and a gross floor area (GFA) of around 25.9 billion yuan and 594,000 square meters in April, respectively, up 50% and down 0.1% from the year-ago period, according to a Tuesday Hong Kong bourse filing.Recurring revenue for the month jumped 7% year over year to roughly 4.23 billion yuan. Of the total, rental income from the investment property rental business climbed 11% to 2.85 billion yuan.For the four months ended April 30, the property developer's contracted sales rose 2.2% to approximately 70 billion yuan, while GFA slipped 28% to 1.8 million square meters.Recurring revenue for the period increased 7.4% to 17.6 billion yuan, of which rental income from the investment property rental business jumped 13% to 12 billion yuan.
China Resources Land (HKG:1109) recorded contracted sales of 22.42 billion yuan in March, with a gross floor area (GFA) of 594,000 square meters, down 14% and 35%, respectively, from a year prior, according to a Monday Hong Kong bourse filing.Shares of the property developer gained over 1% in morning trade Tuesday.In March, recurring revenue rose 7% to approximately 4.28 billion yuan, of which rental income from the investment property business rose 11% to 2.85 billion yuan.For the first three months of 2026, contracted sales and GFA fell 14% and 37%, to 44.12 billion yuan and 1.249 million square meters, respectively.For the three months ended March 31, recurring revenue was 13.33 billion yuan, up 7.6% from the prior-year period. Of this, rental income from the investment property business climbed 14% to 9.16 billion yuan.
