SHE:000708

2 stories mentioning SHE:000708Updated 48d ago

Every FINWIRES story that references SHE:000708, newest first.

Citic Pacific Special Steel Group Put Option Clause Triggered for Convertible bonds

Citic Pacific Special Steel Group (SHE:000708) exercised its put option clause on its convertible bonds after its share price closed below 70% of the current conversion price from May 12 to June 23, according to a Wednesday filing with the Shenzhen bourse.Bondholders will have the option to sell back their bonds to the company. The redemption price is 100.526 yuan per bond, including interest and tax.Redemption will take place from June 25 to July 1.

SHE:000708

Asia111d ago

Citic Pacific Special Steel Q1 Profit Up 9%; Shares Fall 4%

Citic Pacific Special Steel (SHE:000708) posted first-quarter attributable net profit of 1.51 billion yuan, up 9.2% from 1.38 billion yuan the previous year.Earnings per share rose to 0.293 yuan from 0.269 yuan, according to a Thursday filing with the Shenzhen bourse.Revenue declined 1.3% year over year to 26.5 billion yuan from 26.8 billion yuan.Shares of the steel producer were down 4% in recent trade.

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