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India

COSCO SHIPPING Development Co Ltd (601866.SS)

601866.SS on Shanghai Stock Exchange

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Fri, Jan 12 2018

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)

BRIEF-COSCO SHIPPING Development unit issues asset-backed securities worth 2.99 bln yuan

* Says co's unit COSCO Shipping Leasing Co Ltd issues asset-backed securities worth 2.99 billion yuan

BRIEF-COSCO SHIPPING Development Co ‍approves merger between unit and COSCO Finance​

* Approves merger between unit CS Finance and Cosco Finance​ Source text for Eikon: Further company coverage:

BRIEF-Cosco Shipping Development proposes to appoint ‍Lu Jianzhong as independent non-executive director​

* ‍Lu Jianzhong proposed by board to be appointed as independent non-executive director​ Source text for Eikon: Further company coverage:

BRIEF-COSCO Shipping Development's 9-month net profit up 139.7 pct y/y

Oct 30 COSCO Shipping Development Co Ltd * Says 9-month net profit up 139.7 percent y/y Source text in Chinese: http://bit.ly/2yWPu3A Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-COSCO Shipping Development's unit plans to issue asset-backed securities

* Says leasing unit plans to issue up to 2.98 billion yuan ($447.45 million) asset-backed securities

BRIEF-COSCO Shipping Development to set up logistics industry JV

* Says it plans to invest 150 million yuan ($22.78 million) to set up logistics industry JV with initial size of 10.0 billion yuan

BRIEF-Cosco Shipping Development Co updates on up joint venture co in Shanghai

* Co, Shanghai Pan Asia, Sino-Poland Development, Vision Credit, enters promoters agreement to set up joint venture co in Shanghai

BRIEF-Cosco Shipping Development swings back to black in H1

Further company coverage: ($1 = 6.5899 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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