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Maanshan Iron & Steel Co Ltd (0323.HK)

0323.HK on Hong Kong Stock

2.75HKD
20 Nov 2019
Change (% chg)

HK$-0.03 (-1.08%)
Prev Close
HK$2.78
Open
HK$2.76
Day's High
HK$2.78
Day's Low
HK$2.73
Volume
4,257,156
Avg. Vol
15,592,190
52-wk High
HK$4.24
52-wk Low
HK$2.70

Latest Key Developments (Source: Significant Developments)

Maanshan Iron & Steel Co Approved Co entering Agreement With China Baowu Steel Group Corp
Friday, 20 Sep 2019 

Sept 20 (Reuters) - Maanshan Iron & Steel Co Ltd <600808.SS>::APPROVED RESOLUTION IN RELATION TO CO ENTERING INTO ORDINARY RELATED TRANSACTIONS AGREEMENT WITH CHINA BAOWU STEEL GROUP CORP.  Full Article

Maanshan Iron & Steel Approved Investment In Phima Intelligence Through Ma Steel (Hefei)
Friday, 20 Sep 2019 

Sept 20 (Reuters) - Maanshan Iron & Steel Co Ltd <600808.SS>::APPROVED INVESTMENT OF NOT MORE THAN RMB200 MILLION THROUGH MA STEEL (HEFEI) TO BUY PART OF ADDITIONAL SHARES OF PHIMA INTELLIGENCE.  Full Article

Maanshan Iron & Steel Says Germany Anti-Trust Authority Issued Clearance To China Baowu
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Maanshan Iron & Steel Co Ltd <600808.SS>::GERMANY ANTI-TRUST AUTHORITY ISSUED CLEARANCE TO CHINA BAOWU ON 29 JULY 2019, CONFIRMING EQUITY TRANSFER COULD BE IMPLEMENTED.  Full Article

Maanshan Iron & Steel To Buy Controlling Shareholder's Assets
Monday, 22 Jul 2019 

July 22 (Reuters) - Maanshan Iron & Steel Co Ltd <600808.SS>0323.HK::SAYS IT PLANS TO BUY ASSETS HELD BY ITS CONTROLLING SHAREHOLDER FOR 128.9 MILLION YUAN ($18.73 million) .SAYS CHINA BAOWU STEEL'S UNIT PLANS TENDER OFFER TO BUY H-SHARES IN THE COMPANY AT HK$2.97 PER SHARE.  Full Article

SFC Rules Against Waiver Of General Offer Obligation In Proposed Maanshan Iron Acquisition
Monday, 22 Jul 2019 

July 22 (Reuters) - Securities & Futures Commission of Hong Kong :SAYS TAKEOVERS AND MERGERS PANEL RULES AGAINST WAIVER OF GENERAL OFFER OBLIGATION IN PROPOSED MAANSHAN IRON & STEEL ACQUISITION BY CHINA BAOWU STEEL GROUP.  Full Article

Maanshan Iron & Steel Says Board Approved Capital Increase In Ma Steel Scrap Steel Co
Thursday, 13 Jun 2019 

June 13 (Reuters) - Maanshan Iron & Steel Co Ltd <600808.SS>::MAANSHAN IRON & STEEL CO - BOARD APPROVED CAPITAL INCREASE OF RMB300 MILLION BY CO AND MAGANG (GROUP) HOLDING CO IN MA STEEL SCRAP STEEL CO.MAANSHAN IRON & STEEL CO - BOARD APPROVED JOINT INVESTMENT WITH ANHUI HONGFEI NEW ENERGY CO AND OTHERS TO ESTABLISH MAANSHAN HONGFEI POWER ENERGY CO.  Full Article

Maanshan Iron & Steel Sees 2018 Net Profit Up 43.3 Percent Y/Y At 5.9 Billion Yuan
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Maanshan Iron & Steel Co Ltd <600808.SS>0323.HK::SAYS IT SEES 2018 NET PROFIT UP 43.3 PERCENT Y/Y AT 5.9 BILLION YUAN ($878.54 million).  Full Article

Maanshan Iron & Steel And Magang Group Enter Integrated Support Services Agreement For 2019
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - Maanshan Iron & Steel Co Ltd <600808.SS>::CO AND MAGANG GROUP ENTER INTEGRATED SUPPORT SERVICES AGREEMENT FOR YEAR 2019.  Full Article

Maanshan Iron & Steel issues 2018 first tranche short-term financing notes worth 1 bln yuan
Friday, 29 Jun 2018 

June 29(Reuters) - Maanshan Iron & Steel Co Ltd <600808.SS>:Says it issued 2018 first tranche short-term financing notes worth 1 billion yuan, with term of 365 days and interest rate of 5.05 percent .  Full Article

Maanshan Iron & Steel's Q1 Net Profit Up 57.25 Pct Y/Y
Thursday, 19 Apr 2018 

April 19 (Reuters) - Maanshan Iron & Steel Co Ltd <600808.SS>0323.HK::SAYS Q1 NET PROFIT UP 57.25 PERCENT Y/Y.  Full Article

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China Baowu Steel to take majority stake in rival Magang

SHANGHAI China Baowu Steel Group, the world's second-largest steel producer, will acquire a majority stake in rival Magang Group Holding Co Ltd as China pushes for consolidation in its steel industry.