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Shanghai Electric Group Co Ltd (2727.HK)

2727.HK on Hong Kong Stock

2.74HKD
21 May 2019
Change (% chg)

HK$0.04 (+1.48%)
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Latest Key Developments (Source: Significant Developments)

Shanghai Electric Group Qtrly Net Profit Attributable RMB 762.3 Mln
Monday, 29 Apr 2019 

April 29 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::QTRLY NET PROFIT ATTRIBUTABLE RMB 762.3 MILLION VERSUS RMB657.4 MILLION.QTRLY TOTAL REVENUE RMB20.51 BILLION VERSUS RMB18.42 BILLION.  Full Article

Shanghai Electric Approved Thvow Technology Conducting Purchase & Sales Deals With Sinomec
Friday, 22 Mar 2019 

March 22 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::CONSIDERED AND APPROVED THVOW TECHNOLOGY CONDUCTING CONNECTED TRANSACTIONS WITH SINOMEC FOR PURCHASE AND SALES.  Full Article

Shanghai Electric Group Co Board Approves Proposed Adoption Of Restricted A Share Incentive Scheme
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::BOARD CONSIDERED AND APPROVED RELEVANT RESOLUTION IN RELATION TO PROPOSED ADOPTION OF RESTRICTED A SHARE INCENTIVE SCHEME.  Full Article

Shanghai Electric Plans JV With Suzhou Thvow, Unit Plans Stake Sale
Monday, 10 Dec 2018 

Dec 10 (Reuters) - Shanghai Electric Group Co Ltd 2727.HK<601727.SS>::SAYS UNIT PLANS TO SELL 100 PERCENT STAKE IN SHANGHAI-BASED SNJ VALVE CO LTD FOR 179.3 MILLION YUAN ($26.09 million) TO CO'S CONTROLLING SHAREHOLDER.SAYS IT PLANS TO INVEST 200 MILLION YUAN TO SET UP AUTOMATION ENGINEERING UNIT.SAYS IT PLANS TO SET UP LOGISTICS MANAGEMENT & SERVICE JV WITH SUZHOU THVOW TECHNOLOGY <<<601727.SS>>>, JV REGISTERED CAPITAL AT 410 MILLION YUAN.  Full Article

BMC Buys Cordenka From Chequers Capital In 240 Mln Euro Deal
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - BMC :SAYS BMC EUROPE FUND I HAS COMPLETED ITS FIRST INVESTMENT WITH THE ACQUISITION OF CORDENKA FROM CHEQUERS CAPITAL FOR AN ENTERPRISE VALUE OF €240 MILLION.SAYS WAS SUPPORTED BY A GROUP OF SHANGHAI INSTITUTIONS INCLUDING SHANGHAI ELECTRIC, SHANGHAI MG INVESTMENT, ABA CHEMICALS, BANK OF SHANGHAI AND BY ABC INTERNATIONAL.SAYS ACQUISITION DEBT WAS PROVIDED BY GOLDMAN SACHS AND BARINGS.  Full Article

Shanghai Electric Says Lock-Up Period For 138.7 Million A-Shares To End
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>2727.HK::SAYS LOCK-UP PERIOD FOR 138.7 MILLION A-SHARES TO END, SHARES TO START TRADING ON NOV 6.  Full Article

Shanghai Electric Group Completes Subscribtion Of Shares Non-Publicly Issued By THVOW Technology
Wednesday, 6 Jun 2018 

June 6 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS> ::TO CONTRIBUTE NO MORE THAN RMB680 MILLION TO SUBSCRIBE NEW SHARES NON-PUBLICLY ISSUED BY THVOW TECHNOLOGY.AS AT JUNE 6, 2018 SUBSCRIPTION HAS BEEN COMPLETED.  Full Article

Shanghai Electric Enters Framework Deal To Buy 51% Stake Of Unit Of GCL-Poly Energy
Wednesday, 6 Jun 2018 

June 6 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::ENTERS FRAMEWORK DEAL ON BUYING STAKE OF JIANGSU ZHONGNENG POLYSILICON TECHNOLOGY DEVELOPMENT CO WITH GCL-POLY ENERGY.CO CONTEMPLATING ACQUISITION OF 51% STAKE OF JIANGSU ZHONGNENG POLYSILICON TECHNOLOGY DEVELOPMENT.VALUATION OF 100% EQUITY INTEREST OF JIANGSU ZHONGNENG IS EXPECTED TO BE NO MORE THAN RMB25 BILLION.APPLICATION MADE TO HONG KONG STOCK EXCHANGE FOR RESUMPTION OF TRADING OF ITS H SHARES WITH EFFECT FROM 7 JUNE 2018.TRANSACTION IS PRELIMINARILY DETERMINED TO BE CONDUCTED THROUGH CONSIDERATION ISSUE OF A SHARES AND CASH PAYMENT BY CO.  Full Article

Shanghai Electric Group Co Says Q1 Net Profit Attributable Up 22.55%
Friday, 27 Apr 2018 

April 27 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::Q1 REVENUE RMB18.42 BILLION, UP 20.04%.Q1 NET PROFIT ATTRIBUTABLE RMB657.4 MILLION, UP 22.55%.  Full Article

Shanghai Electric Group says change of accounting policies
Monday, 2 Apr 2018 

April 2(Reuters) - Shanghai Electric Group Co Ltd <601727.SS>:Says it changes the accounting policies regarding non-current assets, disposal groups, discontinued operations and format of financial statements.  Full Article

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Exclusive: Tesla holds battery supply talks with China's Lishen

BEIJING U.S. electric vehicle (EV) maker Tesla Inc has held talks with China's Tianjin Lishen to supply batteries for its new Shanghai factory, and two people with direct knowledge of the matter said the pair signed a preliminary agreement.