Edition:
India

COSCO SHIPPING Development Co Ltd (601866.SS)

601866.SS on Shanghai Stock Exchange

2.47CNY
12:29pm IST
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Fri, Apr 27 2018

BRIEF-Cosco Shipping Development Co Posts Qtrly Net Profit Attributable Of Rmb 280.7 Mln

* QTRLY NET PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF LISTED CO RMB 280.7 MILLION VERSUS RMB347.5 MILLION Source text : https://bit.ly/2r5eKBo Further company coverage:

BRIEF-COSCO Shipping Development Says 2017 Net Profit Up 296.6 Percent Y/Y

* SAYS 2017 NET PROFIT UP 296.6 PERCENT Y/Y AT 1.5 BILLION YUAN ($238.58 million) Source text in Chinese: https://bit.ly/2GWkN2o Further company coverage: ($1 = 6.2872 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-COSCO Shipping Development's Unit To Issue Asset-Backed Securities

* SAYS UNIT PLANS TO ISSUE ASSET-BACKED SECURITIES WORTH UP TO 2.02 BILLION YUAN ($319.26 million) Source text in Chinese: http://bit.ly/2Em2buT Further company coverage: ($1 = 6.3271 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Cosco Shipping Development Proposes To Appoint Liang Yanfeng As A Non-Executive Director

* PROPOSES TO APPOINT LIANG YANFENG AS A NON-EXECUTIVE DIRECTOR

BRIEF-COSCO Shipping Development To Invest 500 Mln Yuan To Set Up Industry Fund

* SAYS IT PLANS TO INVEST 500 MILLION YUAN ($76.68 million) TO SET UP INDUSTRY FUND WITH PARTNERS Source text in Chinese: http://bit.ly/2merUJY Further company coverage: ($1 = 6.5206 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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