Edition:
India

China Fortune Holdings Ltd (0110.HK)

0110.HK on Hong Kong Stock

0.06HKD
1 Dec 2020
Change (% chg)

HK$-0.00 (-3.33%)
Prev Close
HK$0.06
Open
HK$0.06
Day's High
HK$0.06
Day's Low
HK$0.06
Volume
290,000
Avg. Vol
458,389
52-wk High
HK$0.11
52-wk Low
HK$0.04

Latest Key Developments (Source: Significant Developments)

China Fortune Announces Proposed Capital Reorganisation, Rights Issue
Tuesday, 10 Nov 2020 

Nov 10 (Reuters) - China Fortune Holdings Ltd <0110.HK>::PROPOSES CAPITAL REORGANISATION INVOLVING SHARE CONSOLIDATION OF EVERY 10 SHARES OF HK$0.10 INTO 1 CONSOLIDATED SHARE OF HK$1.00.PROPOSES TO IMPLEMENT RIGHTS ISSUE FOR 1 RIGHTS SHARE FOR EVERY 1 ADJUSTED SHARE.PROPOSES CAPITAL REORGANISATION VIA SUBDIVISION OF EVERY AUTHORISED BUT UNISSUED EXISTING SHARE OF HK$0.10 INTO 10 ADJUSTED SHARES.RIGHTS ISSUE AT SUBSCRIPTION PRICE OF HK$0.53 PER RIGHTS SHARE; ESTIMATED NET PROCEEDS WILL BE UP TO ABOUT HK$47.0 MILLION.  Full Article

China Fortune Says Unit To Sell 51% Of Share Capital Of Chongqing Yuanjia Communication Equipment
Tuesday, 29 Sep 2020 

Sept 29 (Reuters) - China Fortune Holdings Ltd <0110.HK>::UNIT TO SELL 51% OF SHARE CAPITAL OF CHONGQING YUANJIA COMMUNICATION EQUIPMENT CO FOR RMB5.8 MILLION.  Full Article

China Fortune Holdings Updates On Expiry Of Agreement With Tencent
Wednesday, 10 Jun 2020 

June 10 (Reuters) - China Fortune Holdings Ltd <0110.HK>::UPON EXPIRY OF AGREEMENT ON 15 APRIL, BEIJING FEIYING AND TENCENT HAS YET TO CONCLUDE ON RENEWAL OF A NEW AGREEMENT.CONSIDERS TERMINATION OF SERVICES PROVIDED BY BEIJING FEIYING TO TENCENT MAY LEAD TO DECREASE IN REVENUE OF GROUP.BEIJING FEIYING AND TENCENT ARE IN DISCUSSION FOR A RENEWAL.BEIJING FEIYING STILL PROVIDING RELEVANT SERVICES AS STIPULATED IN AGREEMENT TO TENCENT AS OF JUNE 10.  Full Article

China Fortune Holdings Sees FY Loss Not Less Than HK$21.8 MLN
Thursday, 26 Mar 2020 

March 26 (Reuters) - China Fortune Holdings Ltd <0110.HK>::EXPECTED TO RECORD A LOSS NOT LESS THAN HK$21.8 MILLION FOR YEAR ENDED 31 DECEMBER 2019.EXPECTED RESULT DUE TO DECREASE IN REVENUE RECORDED BY GROUP.  Full Article

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