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Shanghai Electric Group Co Ltd (2727.HK)

2727.HK on Hong Kong Stock

2.70HKD
21 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Abengoa: Selected For $650 Mln Contract In Dubai
Wednesday, 9 May 2018 

May 9 (Reuters) - Abengoa ::SAYS IT HAS BEEN SELECTED BY SHANGHAI ELECTRIC GROUP AS TECHNOLOGICAL PARTNER IN CONSTRUCTION OF SOLAR COMPLEX IN DUBAI FOR DEWA.SAYS VALUE OF SCOPE TO BE EXECUTED DIRECTLY BY ABENGOA IS IN THE RANGE OF $650 MILLION.  Full Article

Shanghai Electric Group Says FY Net Profit Up 11.6 Pct
Thursday, 29 Mar 2018 

March 29 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::FY PROFIT ATTRIBUTABLE TO OWNERS OF COMPANY FOR 2017 REACHED RMB2,627 MILLION, AN INCREASE OF 11.55% YEAR-ON-YEAR.‍FY REVENUE RMB79,544 MILLION, DOWN 10.13%​.BOARD PROPOSED TO DECLARE A FINAL DIVIDEND OF RMB9.195 CENTS PER SHARE.  Full Article

Shanghai Electric Announces Acquisition Of 79.39% Equity Interests In Shanghai Schuler
Thursday, 29 Mar 2018 

March 29 (Reuters) - Shanghai Electric Group Co Ltd 2727.HK::Acquisition Of 79.39% Equity Interests In Shanghai Schuler.Total Consideration Of Rmb198.6 Million.  Full Article

Shanghai Electric Group unit to invest 18 mln yuan in Shanghai-based equity investment fund
Monday, 26 Mar 2018 

March 26 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:Says Shanghai-based investment unit will invest 18 million yuan in Shanghai-based equity investment fund .  Full Article

Shanghai Electric Group Says Electric Leasing Received Notice Of Acceptance From Shanghai High People's Court
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::ON 16 JAN ELECTRIC LEASING RECEIVED A NOTICE OF ACCEPTANCE FROM SHANGHAI HIGH PEOPLE'S COURT.PLEADING OF ELECTRIC LEASING AGAINST JIARUN CO IN RELATION TO DISPUTE ON FINANCIAL LEASING CONTRACT WAS ACCEPTED AS LITIGATION CASE.  Full Article

Shanghai Electric Group ‍Co Updates Regarding Land Repurchase Agreement
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::‍CO AND SEC ENTERED LAND REPURCHASE AGREEMENT; SEC TO REPURCHASE REPURCHASED LAND AT TOTAL CONSIDERATION OF RMB179.4 MILLION​.‍GAIN EXPECTED TO ACCRUE TO COMPANY IS RMB9.1 MILLION​.  Full Article

Shanghai Electric To Set Up Unit in Serbia, Unit Plans Wind Power Project
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>2727.HK::SAYS BOARD APPROVES TO SET UP UNIT IN SERBIA.SAYS IT PLANS TO BOOST MECHANICAL & ELECTRICAL ENGINEERING UNIT'S CAPITAL BY 908.0 MILLION YUAN ($138.97 million) TO 1.0 BILLION YUAN.SAYS UNIT PLANS TO INVEST 504.6 MILLION YUAN IN WIND POWER PROJECT.  Full Article

Shanghai Electric Group receives Approval To Issue Exchangeable Corporate Bonds
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::SHANGHAI MUNICIPAL GOVT' STATE-OWNED ASSETS SUPERVISION &ADMINISTRATION COMMISSION APPROVED CO TO ISSUE EXCHANGEABLE CORPORATE BONDS.RECEIVED APPROVAL FOR ISSUE OF CORPORATE BONDS OF NO MORE THAN RMB3 BILLION​.  Full Article

Shanghai Electric Group issues 416.1 mln shares and raises 3 bln yuan
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:Says it issued 416.1 million shares through private placement and raised 3 billion yuan in total .  Full Article

Shanghai Electric Group adjusts ‍conversion price of bonds to RMB10.37 per share
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:Conversion price of electric convertible bonds to be adjusted from RMB10.46 per share to RMB10.37 per share.  Full Article

GCL-Poly to sell 51 percent stake in unit to Shanghai Electric

HONG KONG GCL-Poly Energy Holdings Ltd said it would sell a 51 percent stake in a photovoltaic developing unit to industrial equipment maker Shanghai Electric Group Co Ltd at a price yet to be determined.