Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  China Resources Land Limited    1109   KYG2108Y1052

CHINA RESOURCES LAND LIMITED

(1109)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

China Resources Land : Seeks to Raise HK$6.73 Billion via Share Placement

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/21/2019 | 09:10pm EST

By Ben Otto

China Resources Land Ltd. (1109.HK) is planning to raise 6.73 billion Hong Kong dollars (US$858.1 million) via a share placement.

The China-focused property developer is seeking to place 200 million existing shares at HK$33.65 each, it said in a filing to the Hong Kong stock exchange on Tuesday.

It aims to use the proceeds from the placement primarily for the acquisition and development of land.

The placement price is at a roughly 6.9% discount to Monday's closing price of HK$36.15. Goldman Sachs is acting as agent for the placement.

Write to Ben Otto at ben.otto@wsj.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CHINA RESOURCES LAND LIMIT
01/14China Resources Land Contracted Sales Rose 15% in 2019
DJ
2019EXPLAINER : Behind the climb in Chinese companies' defaults on bond payments
RE
2019CHINA RESOURCES LAND : Change of chairman of the board and chairman of board com..
PU
2019CHINA RESOURCES LAND : Unaudited operating figures for the month ended 30 novemb..
PU
2019CHINA RESOURCES LAND : Voluntary announcement-land acquisition update for the mo..
PU
2019CHINA RESOURCES LAND : Continuing connected transactions framework loan agreemen..
PU
2019CHINA RESOURCES LAND : Notice of Listing - U.S.$1,050,000,000 Subordinated Perpe..
PU
2019Hong Kong stocks end firmer as China data lifts risk appetite
RE
2019CHINA RESOURCES LAND : Announcement pursuant to Rule 13.18 of the Listing Rules
PU
2019CHINA RESOURCES LAND : Acquired Five Land Parcels in October
DJ
More news
Financials (HKD)
Sales 2019 169 B
EBIT 2019 53 280 M
Net income 2019 28 780 M
Debt 2019 87 295 M
Yield 2019 3,83%
P/E ratio 2019 8,51x
P/E ratio 2020 7,39x
EV / Sales2019 1,96x
EV / Sales2020 1,62x
Capitalization 244 B
Chart CHINA RESOURCES LAND LIMITED
Duration : Period :
China Resources Land Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHINA RESOURCES LAND LIMIT
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 26
Average target price 41,51  HKD
Last Close Price 34,20  HKD
Spread / Highest target 44,2%
Spread / Average Target 21,4%
Spread / Lowest Target -9,36%
EPS Revisions
Managers
NameTitle
Xin Li Co-President & Executive Director
Da Wei Zhang Vice Chairman & Co-President
Xiang Ming Wang Chairman
Jian Yu Chief Financial Officer & Senior Vice President
Tong Dong Shen Chief Information Officer & Executive Director