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Bright Real Estate Group Co Ltd (600708.SS)

600708.SS on Shanghai Stock Exchange

8.85CNY
23 Jan 2018
Change (% chg)

¥0.07 (+0.80%)
Prev Close
¥8.78
Open
¥8.61
Day's High
¥9.13
Day's Low
¥8.56
Volume
42,392,870
Avg. Vol
14,059,535
52-wk High
¥9.13
52-wk Low
¥5.94

Latest Key Developments (Source: Significant Developments)

Bright Real Estate Group to dissolve and to set up JVs
Wednesday, 17 Jan 2018 

Jan 17(Reuters) - Bright Real Estate Group Co Ltd <600708.SS>:Says it plans to dissolve a Xuzhou-based real estate JV, which was established on Sept. 13, 2017.Says it plans to invest 93 million yuan to set up a Xuzhou-based real estate JV with registered capital of 100 million yuan and will hold 93 percent stake in the JV.  Full Article

Bright Real Estate Group plans JV to jointly develop Suzhou-based properties
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Bright Real Estate Group Co Ltd <600708.SS>:Says it will invest 19.6 million yuan to set up a project JV with partner, to jointly develop Suzhou-based properties worth 1.68 billion yuan .Says it will hold 49.5 percent stake in the JV after transaction .  Full Article

Bright Real Estate To Acquire Stakes And Debts In Two Real Estate Firms For 985.2 Mln Yuan
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Bright Real Estate Group Co Ltd <600708.SS>::SAYS IT PLANS TO ACQUIRE STAKES AND DEBTS IN TWO REAL ESTATE FIRMS FOR A COMBINED 985.2 MILLION YUAN ($151.80 million).  Full Article

Bright Real Estate Group unit to sell Shanghai-based property for 93.3 mln yuan
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Bright Real Estate Group Co Ltd <600708.SS>:Says Shanghai-based unit will sell Shanghai-based property for 93.3 million yuan .  Full Article

Bright Real Estate Group plans land development JV with registered capital of 100 mln yuan
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Bright Real Estate Group Co Ltd <600708.SS>:Says it will invest 93 million yuan to set up a Zhejiang-based land development JV and hold 93 percent stake in the JV after transaction .  Full Article

Bright Real Estate's unit plans acquisition for 210.5 mln yuan
Sunday, 19 Nov 2017 

Nov 19 (Reuters) - Bright Real Estate Group Co Ltd <600708.SS>:Says unit plans to acquire 35 percent stake in real estate firm for 210.5 million yuan ($31.78 million).  Full Article

Bright Real Estate's 9-month net profit up 186.2 pct y/y
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Bright Real Estate Group Co Ltd <600708.SS>:Says 9-month net profit up 186.2 percent y/y.  Full Article

Bright Real Estate Group's unit sells property assets for 754.1 mln yuan
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Bright Real Estate Group Co Ltd <600708.SS>:Says unit sells property assets for 754.1 million yuan ($113.74 million).  Full Article

Bright Real Estate Group signs cooperation framework agreement with Sijing town government
Wednesday, 24 May 2017 

May 24(Reuters) - Bright Real Estate Group Co Ltd <600708.SS> ::* Says it signed a cooperation framework agreement with Sijing town government, Songjiang District, Shanghai, to protect and renew famous village.  Full Article

Bright Real Estate Group issues 1 bln yuan worth of medium-term notes
Tuesday, 19 Jul 2016 

Bright Real Estate Group <600708.SS> Co.,Ltd.: Says it issues 2016 first tranche of medium-term notes, worth of 1 billion yuan . Says the notes with a term of three years and coupon rate of 3.44 percent .Maturity date of July 15, 2021.  Full Article

BRIEF-Bright Real Estate To Acquire Stakes And Debts In Two Real Estate Firms For 985.2 Mln Yuan

* SAYS IT PLANS TO ACQUIRE STAKES AND DEBTS IN TWO REAL ESTATE FIRMS FOR A COMBINED 985.2 MILLION YUAN ($151.80 million) Source text in Chinese: http://bit.ly/2CbhfX2; http://bit.ly/2A4Pk9u Further company coverage: ($1 = 6.4900 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)