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SHE:000987

3 stories mentioning SHE:000987Updated 10d ago

Every FINWIRES story that references SHE:000987, newest first.

Asia

Yuexiu Capital Units Seek up to 4 Billion Yuan Loans; Shares Up 3%

Guangzhou Yuexiu Capital (SHE:000987) controlled subsidiaries Guangzhou Asset Management and Yuexiu Industrial Investment plan to borrow up to 2 billion yuan each from related parties Yuexiu Group and Guangzhou Yueqi, respectively.The one-year revolving facilities, priced at up to the one-year loan prime rate plus 10%, aim to meet working capital needs, according to a weekend filing with the Shenzhen bourse.Shares of the financial services provider rose 3% in recent trade.

SHE:000987
Asia

Yuexiu Capital to Set Up Subsidiary for 870 Million Yuan

Guangzhou Yuexiu Capital Holdings (SHE:000987) agreed to establish a subsidiary through its unit and related parties for 870.3 million yuan, according to a Shenzhen bourse filing on Friday.The company's subsidiary, Guangzhou Yuexiu Capital Holdings Group, partnered with related parties Guangzhou Yuexiu Holdings and Guangzhou Yuedong New Energy Technology Investment for the establishment of the new company.The planned subsidiary will be named Guangzhou Yuexiu New Energy Technology and it will offer wind power, energy storage technology and new energy technology services.The Chinese financial services provider's shares rose 4% during the morning trade.

SHE:000987
Asia

Yuexiu Capital's Attributable Profit Jumps 98% in Q1

Guangzhou Yuexiu Capital's (SHE:000987) attributable profit rose 98% to 1.30 billion yuan in the first quarter from 656.5 million yuan in the year-ago period, according to a Thursday filing with the Shenzhen bourse.Earnings per share at the financial holding platform increased 99% to 0.2582 yuan from 0.13 yuan in the prior-year period.Total operating revenue declined 17% year over year to 1.54 billion yuan from 1.85 bilion yuan.

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