Edition:
India

China Merchants Land Ltd (0978.HK)

0978.HK on Hong Kong Stock

1.50HKD
15 Jun 2018
Change (% chg)

HK$-0.01 (-0.66%)
Prev Close
HK$1.51
Open
HK$1.52
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HK$1.49
Volume
3,432,000
Avg. Vol
4,677,908
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HK$1.92
52-wk Low
HK$1.31

Latest Key Developments (Source: Significant Developments)

China Merchants Land Updates On Adjustment To Conversion Price Of Convertible Bonds Due 2020
Friday, 1 Jun 2018 

June 1 (Reuters) - China Merchants Land Ltd <0978.HK>::UPDATES ON ADJUSTMENT TO CONVERSION PRICE OF CONVERTIBLE BONDS DUE 2020.CONVERSION PRICE OF BONDS HAS BEEN ADJUSTED TO HK$2.70 PER SHARE.  Full Article

China Merchants Land Announces Disposal Of Stake In Foshan Merchants Zhonghuan Property
Wednesday, 25 Apr 2018 

April 25 (Reuters) - China Merchants Land Ltd <0978.HK>::ANNOUNCES DISPOSAL OF 50% EQUITY INTEREST IN FOSHAN MERCHANTS ZHONGHUAN PROPERTY TO FOSHAN YI YUN PROPERTY DEVELOPMENT CO.DEAL FOR TOTAL CONSIDERATION OF ABOUT RMB1.74 BILLION.  Full Article

China Merchants Land Qtrly Aggregate Contracted Sales Rmb6.76 Bln
Monday, 8 Jan 2018 

Jan 8 (Reuters) - China Merchants Land Ltd <0978.HK>::QTRLY AGGREGATE CONTRACTED SALES RMB6.76 BILLION.  Full Article

China Merchants Land Announces Disposal Of Stake In Foshan Merchants Brilliant Property
Monday, 18 Dec 2017 

Dec 18 (Reuters) - China Merchants Land <0978.HK>::DISPOSAL OF 50% EQUITY INTEREST IN FOSHAN MERCHANTS BRILLIANT PROPERTY .DEAL FOR ABOUT RMB2.11 BILLION.PURCHASER IS FOSHAN YI YUN PROPERTY DEVELOPMENT CO​‍​.  Full Article

China Merchants Land Says Merchants Nanjing & Nanjing Vanke Enter Into Cooperation Agreement​
Friday, 8 Dec 2017 

Dec 8 (Reuters) - China Merchants Land Ltd <0978.HK>::‍MERCHANTS NANJING & NANJING VANKE ENTERED INTO COOPERATION AGREEMENT​.‍NANJING VANKE AGREED TO TRANSFER 14.28% OF REGISTERED CAPITAL OF NANJING HUIHE TO MERCHANTS NANJING.MERCHANTS NANJING TO BEAR PREVIOUS CONTRIBUTION MADE BY NANJING VANKE, ALONG WITH FUND POSSESSION FEE OF ABOUT RMB806.3 MILLION​.‍TOTAL INVESTMENT BY GROUP ABOUT RMB9.5 BILLION & MERCHANTS NANJING'S TOTAL FINANCIAL COMMITMENT​ ABOUT RMB1.36 BILLION.  Full Article

China Merchants Land Controlling Shareholder To Subscription Shares In Co's units
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - China Merchants Land Ltd <0978.HK>::CONTROLLING SHAREHOLDER SUCCESS WELL ENTERED INTO SHARE SUBSCRIPTION AGREEMENTS WITH CO'S UNITS EUREKA AND GOOD EASE.DEAL FOR FOR ALLOTMENT OF 400 SHARES BY SUCCESS WELL TO EUREKA.  Full Article

China Merchants Land expects higher profit for year ending Dec. 31, 2017​
Monday, 20 Nov 2017 

Nov 20 (Reuters) - China Merchants Land Ltd <0978.HK>::For year ended Dec. 31, 2017, year on year profit attributable increase expected to be no less than 80 percent​.Expected result due to expected ‍substantial increase in gross profit for FY ending 31 december 2017​.Expects FY revenue & profit attributable to record substantial gains‍​.  Full Article

China Merchants Land says unit and Chongqing Hanzhi to form JV
Friday, 17 Nov 2017 

Nov 17 (Reuters) - China Merchants Land Ltd <0978.HK>::‍Chongqing Merchants and Chongqing Hanzhi to form JV to develop Chongqing Land​.Total investment value is estimated at about RMB2.36 billion.Co's total financial commitment in JV company is about RMB1.18 billion.  Full Article

China Merchants Land achieved aggregate contracted sales of RMB17.39 bln ‍for 9 months
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - China Merchants Land Ltd <0978.HK>:For period from 1 July 2017 to 30 Sept 2017, group achieved aggregate contracted sales of approximately RMB4 billion​.‍for nine months ended 30 Sept, group achieved aggregate contracted sales of about RMB17.39 billion​.  Full Article

China Merchants Land Group expects to record an increase in HY revenue and profits
Monday, 10 Jul 2017 

July 10 (Reuters) - China Merchants Land Ltd <0978.HK> ::Group is expected to record a substantial increase in revenue and profits for six month period ended 30 June 2017.Group is expected to record at least 300% jump in profit attributable to owners of company for six month period ended 30 June 2017.Expected result due to a fair value gain recorded on derivative financial instruments for six month period ended 30 June 2017.  Full Article

BRIEF-China Merchants Land Says Qtrly Aggregate Contracted Sales Fell 11%

* QTRLY AGGREGATE CONTRACTED SALES RMB5.37 BILLION, DOWN 11% Source text for Eikon: Further company coverage: