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SHE:001979

16 stories mentioning SHE:001979Updated 14d ago

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Asia

China Merchants Shekou Reports August Contracted Sales of 15.7 Billion Yuan

China Merchants Shekou Industrial Zone (SHE:001979) achieved contracted sales area of 388,900 square meters and contracted sales amount of 15.71 billion yuan in August.This brought cumulative contracted sales to 3.9 million square meters and 125.8 billion yuan in the first eight months of the year, according to a Thursday filing with the Shenzhen bourse.In August, the property developer acquired three projects--a residential plot in Shanghai's Pudong New Area with a 70% equity stake, a residential plot in Beijing's Shijingshan District with 100% equity and mixed-use plots in Hong Kong's Northern Metropolis with 17% equity.

SHE:001979
Asia

China Merchants Land Signs Framework Contracts with China Merchants Shekou

China Merchants Land (HKG:0978) entered into two framework agreements with China Merchants Shekou Industrial Zone (SHE:001979) on Friday, according to a same-day Hong Kong bourse filing.Under a property framework agreement, China Merchants Shekou Industrial Zone will provide China Merchants Land with property management, property engineering and equipment, and property sales services.The company also agreed to acquire various types of commodities and services from China Merchants Shekou under a general commodities and services framework agreement.The contracts, which will be subject to shareholder approval, will be valid till Dec. 31, 2028.

HKG:0978SHE:001979
Treasury

China Merchants Shekou to Pay Interest on 4 Billion Yuan of Bonds

China Merchants Shekou Industrial Zone (SHE:001979) on Sept. 7 will pay annual interest on its 4.0 billion yuan corporate bonds.These include 2.5 billion yuan of bonds carrying a 2.25% coupon rate and 1.5 billion yuan of bonds carrying a 2.35% coupon rate, according to a Thursday aftermarket filing with the Shenzhen bourse.Shares of the property developer rose 4% in recent trade.

SHE:001979
Asia

China Merchants Shekou's Subsidiary Fully Buys Joint Venture Company with Shenzhen OCT

China Merchants Shekou Industrial Zone's (SHE:001979) subsidiary, Shenzhen Merchants Real Estate, fully acquired its joint venture with Shenzhen Overseas Chinese Town's (SHE:000069) unit, Shenzhen Zhaohua International Convention and Exhibition Operation, for 506.5 million yuan, according to a Shenzhen bourse filing on Tuesday.The remaining 50% stake was bought from Shenzhen OCT's unit, Shenzhen Overseas Chinese Town Real Estate.

SHE:001979
Asia

China Merchants Shekou's H1 Profit Drops 64%, Revenue Rises 6%

China Merchants Shekou Industrial Zone's (SHE:001979) net profit attributable to shareholders in the first half dropped 64% to 528.1 million yuan from 1.45 billion yuan a year earlier, according to a Shenzhen bourse filing on Saturday.The property developer's shares slumped 9% at the close of Monday's trade.Earnings per share fell 57% year on year to 0.06 yuan from 0.14 yuan.Operating revenue rose 6.4% to 54.8 billion yuan from 51.5 billion yuan in the prior year.

SHE:001979
Treasury

China Merchants Shekou to Delist 2.50 Billion Yuan Bonds After Interest Payment

China Merchants Shekou Industrial Zone (SHE:001979) said bonds worth 2.50 billion yuan will be delisted after interest is paid on Aug. 24, according to a Shenzhen bourse filing on Thursday.The three-year bonds, which were issued in August 2023, carry a coupon rate of 2.79%.After tax withholding, interest payable to bondholders is 22.32 yuan per lot, with payment to investors registered as of Aug. 21.The property developer's shares fell 2% during Friday afternoon trade.

SHE:001979
Asia

China Merchants Shekou Industrial Zone to Pay Interest in Five-Year Lom

China Merchants Shekou Industrial Zone (SHE:001979) on Aug. 24 will pay the third annual interest on its 2.5-billion-yuan five-year bonds carrying a 3.10% coupon.The bonds have a total interest payout of about 77.5 million yuan, according to a Friday filing with the Shenzhen bourse.Shares of the property developer were down 2% in recent trade.

SHE:001979
Treasury

China Merchants Shekou Industrial Zone to Pay Interest on 5 Billion Yuan Bonds

China Merchants Shekou Industrial Zone (SHE:001979) will pay interest on its 5 billion yuan corporate bonds on Wednesday, covering the period from Aug. 12, 2025, to Aug. 11, 2026.Coupon rates are 2.10% for the three-year bonds and 2.30% for the five-year bonds, according to a Tuesday aftermarket filing with the Shenzhen bourse.Interest payments per lot are 21.00 yuan and 23.00 yuan, respectively.Shares of the property developer rose 1% in recent trade.

SHE:001979
Asia

China Merchants Shekou Reports 14 Billion Yuan in July Sales; Shares Rise 3%

China Merchants Shekou Industrial Zone (SHE:001979) generated 13.8 billion yuan in sales in July, according to a Saturday disclosure on the Shenzhen bourse.The property developer's shares rose 3% during Monday's midday trade.The contracted sales area in the same month was 422,900 square meters.Between January and July, the contracted sales amount was 110.1 billion yuan and the contracted sales area was 3.5 million square meters.

SHE:001979
Asia

China Merchants Shekou Industrial Zone Extends Interest-Free Loan to Investee

China Merchants Shekou Industrial Zone (SHE:001979) extended an interest-free loan of 51 million yuan to investee China Merchants Lippo Hospital Management (Shenzhen), according to a Friday filing with the Shanghai bourse.The loan has a term of eight years, the real estate company said in its filing.Proceeds will help pay the bank loans of Lippo Hospital Management's subsidiaries.Shares slipped 1% during the midday break on Friday.

SHE:001979
Asia

China Merchants Shekou to Complete Bond Principal, Interest Payment

China Merchants Shekou Industrial Zone (SHE:001979) will complete the payment of principal and interest on its 2.5-billion-yuan bonds on Monday, according to a Thursday after-hours filing with the Shenzhen bourse.The interest on the bonds is 2.79% per annum.The bonds, first issued in 2023, will be delisted from the bourse on the same day.Shares of the property developer were down 1% in Friday afternoon trading.

SHE:001979
Asia

China Merchants Shekou Industrial Zone to Pay Interest on Five-Year Bonds

China Merchants Shekou Industrial Zone (SHE:001979) on July 20 will pay interest for its 2.5-billion-yuan five-year corporate bonds carrying a 3.15% coupon rate.Holders registered by July 17 will receive 31.50 yuan per 1,000-lot bond, according to a Thursday filing with the Shanghai bourse.Shares of the property manager were down 2% in recent trade.

SHE:001979
Asia

China Merchants Shekou's H1 Profit to Drop Up to 65%

China Merchants Shekou Industrial Zone (SHE:001979) expects its net profit attributable to shareholders for the first half to drop by between 55% and 65% year on year to a range of 500 million yuan to 650 million yuan, according to a Shenzhen bourse filing on Wednesday.The attributable profit a year earlier was 1.45 billion yuan.Earnings per share are expected to fall to between 0.05 yuan and 0.07 yuan from 0.14 yuan a year earlier.The forecast was attributed to a decline in revenue and investment income.The property manager's shares jumped 5% at the close.

SHE:001979
Asia

China Merchants Shekou to Issue 3 Billion Yuan of Bonds

China Merchants Shekou Industrial Zone Holdings (SHE:001979) will issue up to 3.09 billion yuan of bonds, according to a Wednesday after-hours filing with the Shenzhen bourse.The issuance will have a three-year fixed-rate tranche and a five-year fixed-rate tranche.

SHE:001979
Asia

China Merchants Logs 20.9 Billion Yuan in May Contracted Sales

China Merchants Shekou (SHE:001979) posted a contracted sales amount of 20.9 billion yuan in May, according to a Shenzhen bourse filing on Wednesday.The property developer recorded a contracted sales area of 655,100 square meters for the month.The company also bought a real estate project in China's Xihu District for 1.22 billion yuan in April. The project has a land area measuring 28,700 square meters and a gross floor area of 86,100 square meters.

SHE:001979
Asia

China Merchants Shekou's Attributable Profit Drops 91% in Q1

China Merchants Shekou's (SHE:001979) attributable profit slid 91% to 39.1 million yuan in the first quarter from 445.4 million yuan in the year-ago period, according to a Thursday filing with the Shenzhen bourse.Earnings per share at the property manager fell to 0.004 yuan from 0.04 yuan in the prior-year period.Operating revenue rose 16% year over year to 23.7 billion yuan from 20.4 billion yuan.

SHE:001979

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