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India

China United Travel Co Ltd (600358.SS)

600358.SS on Shanghai Stock Exchange

6.41CNY
19 Jan 2018
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¥0.10 (+1.58%)
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Wed, Jan 10 2018

BRIEF-Regulator Rejects China United Travel's Asset Restructuring Proposal

* SAYS SECURITIES REGULATOR REJECTS ITS ASSET RESTRUCTURING PROPOSAL, SHARE TRADE TO RESUME ON JAN 11 Source text in Chinese: http://bit.ly/2CPpwAs Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-China United Travel invests 60 mln yuan and sets up culture development JV in Hebei

* Says it invested 60 million yuan and set up culture development JV in Hebei with partner

BRIEF-China United Travel to sell hot spring unit for 299 mln yuan

* Says it will sell all shares of hot spring unit for 299 million yuan

BRIEF-China United Travel plans to acquire sports company via cash, share issue

* Says it plans to acquire shanghai sports company for 495.0 million yuan ($75.89 million) via cash, share issue

BRIEF-China United Travel cuts asking price for hot spring unit to 286 mln yuan

* Says it cuts asking price for its hot spring unit to 286 million yuan ($42.85 million) from 332 million yuan

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