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  >  Hong Kong Stock Exchange  >  China Resources Land Limited    1109   KYG2108Y1052

CHINA RESOURCES LAND LIMITED

(1109)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

China Resources Mixc Seeks to Raise Up to US$1.58 Billion in Hong Kong IPO

11/24/2020 | 06:23pm EST

By P.R. Venkat

China Resources Mixc Lifestyle Services Ltd. is seeking to raise up to 12.27 billion Hong Kong dollars (US$1.58 billion) through an initial public offering in Hong Kong.

The company is planning to sell 550 million shares and has set a price guidance of HK$18.60-HK$22.30 per share, China Resources Mixc said Wednesday.

The China based property management and commercial operational service provider expects to finalize the IPO price of December 1 with an aim to see its shares trading on the Hong Kong bourse from December 9.

China Resources Mixc will use part of the IPO proceeds toward expanding business including potential mergers and acquisitions.

Goldman Sachs, Citigroup and CCB international are among the banks advising China Resources Mixc on the offering.

Write to P.R. Venkat at venkat.pr@wsj.com

(END) Dow Jones Newswires

11-24-20 1822ET

Stocks mentioned in the article
ChangeLast1st jan.
CHINA RESOURCES LAND LIMITED 0.48% 31.2 End-of-day quote.-2.50%
CITIGROUP INC. -6.93% 64.23 Delayed Quote.4.17%
THE GOLDMAN SACHS GROUP, INC. -2.23% 301.01 Delayed Quote.14.14%
All news about CHINA RESOURCES LAND LIMITED
01/13CHINA RESOURCES LAND : Property Sales Reach $44 Billion in 2020
MT
2020Hong Kong shares end firmer as bargain hunters boost Alibaba after recent sel..
RE
2020Hang Seng Index Rises 0.4% as City Orders Millions of COVID-19 Vaccine Doses
MT
2020CHINA RESOURCES LAND : Gross Contracted Sales in November Spike Nearly 11%
MT
2020CHINA RESOURCES LAND : Acquires Five Land Parcels in China in November for $2.3 ..
MT
2020Hong Kong Hang Seng Pulls Back 0.4% on US Stimulus Outlook, Tech Issues Retre..
MT
2020China stocks firm as lending data beats estimates; Hong Kong slips
RE
2020China Resources Mixc Lifestyle Prices Hong Kong IPO at Top-End of Guidance; R..
MT
2020Hong Kong Hang Seng Drops 1.2% as US Seeks Sanctions on Beijing Officials, CO..
MT
2020Hong Kong shares track regional rise on COVID-19 vaccine, U.S. stimulus hopes
RE
More news
Financials
Sales 2020 202 B 26 057 M 26 057 M
Net income 2020 31 458 M 4 057 M 4 057 M
Net Debt 2020 107 B 13 846 M 13 846 M
P/E ratio 2020 7,24x
Yield 2020 4,64%
Capitalization 222 B 28 695 M 28 694 M
EV / Sales 2020 1,63x
EV / Sales 2021 1,26x
Nbr of Employees 48 656
Free-Float 40,4%
Chart CHINA RESOURCES LAND LIMITED
Duration : Period :
China Resources Land Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHINA RESOURCES LAND LIMITED
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 26
Average target price 43,93 HKD
Last Close Price 31,20 HKD
Spread / Highest target 67,1%
Spread / Average Target 40,8%
Spread / Lowest Target 7,37%
EPS Revisions
Managers and Directors
NameTitle
Xin Li Co-President & Executive Director
Da Wei Zhang Vice Chairman & Co-President
Xiang Ming Wang Chairman
Shi Qing Guo Chief Financial Officer & Executive Director
Tong Dong Shen Chief Information Officer