SHE:000688

2 stories mentioning SHE:000688Updated 3d ago

Every FINWIRES story that references SHE:000688, newest first.

Controlling Shareholders Trim Stake in China's Guocheng Mining

Guocheng Mining's (SHE:000688) controlling shareholder, Guocheng Holding Group, and its concerted party, Gansu Jianxin Industrial Group, disposed part of their stake in the company, according to a Friday disclosure on the Shenzhen bourse.Guocheng Holding and Gansu Jianxin offloaded 2,304,000 shares, or 0.19% of the company's total share capital, through centralized bidding between May 29 and June 11.The shareholders' combined shareholding in the company dropped from 66.18% to 65.99%.The Chinese mining company's shares jumped 8% during morning trade.

SHE:000688

Asia21d ago

Guocheng Mining Proposes Acquisition of Stake in Inner Mongolia Guocheng Industrial

Guocheng Mining (SHE:000688) proposed to acquire 40% of Inner Mongolia Guocheng Industrial, according to a Shenzhen bourse filing on Saturday.The Chinese mining company dropped 3% during Monday's afternoon trade.The stake will be bought from CITIC Trust.The company plans to apply for a loan amounting to 1.70 billion yuan with Industrial and Commercial Bank of China (HKG:1398, SHA:601398) to pay the consideration for the acquisition.

HKG:1398SHA:601398SHE:000688