Edition:
United States

Honghua Group Ltd (0196.HK)

0196.HK on Hong Kong Stock

0.74HKD
20 Oct 2017
Change (% chg)

HK$0.06 (+8.82%)
Prev Close
HK$0.68
Open
HK$0.70
Day's High
HK$0.75
Day's Low
HK$0.70
Volume
39,315,000
Avg. Vol
10,320,128
52-wk High
HK$0.99
52-wk Low
HK$0.57

Latest Key Developments (Source: Significant Developments)

John Wood secures engineering contract from Honghua for LNG platform development in Mexico
Tuesday, 17 Oct 2017 10:26am EDT 

Oct 17 (Reuters) - Honghua Group Ltd <0196.HK>:HONGHUA GROUP AWARDED $12 MILLION FEED CONTRACT TO WOOD FOR LNG PLATFORM DEVELOPMENT IN WEST DELTA AREA OF GULF OF MEXICO‍​.  Full Article

Honghua Group says ‍Honghua Investment and units enters framework agreement
Monday, 2 Oct 2017 06:32pm EDT 

Oct 3 (Reuters) - Honghua Group Ltd <0196.HK> ::‍Honghua Investment, Honghua Shenzhen, Honghua Shanghai and ASIFL entered into a framework agreement for strategic cooperation for RMB1.5 billion​.ASIFL to purchase from Honghua Investment and its units certain equipment and products for aggregated consideration of up to RMB1.5 billion.  Full Article

Honghua Group enters into well drilling services contract
Tuesday, 12 Sep 2017 05:10am EDT 

Sept 12 (Reuters) - Honghua Group Ltd <0196.HK>:Announces entering into well drilling services contracts.Deal for RMB350 million.Honghua Oil & Gas Engineering And Technology Services recently signed contracts with two customers for drilling engineering services.  Full Article

Honghua says HY turnover RMB819.2 million
Tuesday, 29 Aug 2017 10:17am EDT 

Aug 29 (Reuters) - Honghua Group Ltd <0196.HK>::HY turnover rmb819.2 million, down 36.8%.HY loss attributable to equity shareholders of co rmb390.9 million versus rmb250.9 million.  Full Article

Honghua Group's unit wins bid for sale of land drilling rigs
Friday, 18 Aug 2017 05:19am EDT 

Aug 18 (Reuters) - Honghua Group Ltd <0196.HK>:On 17 august 2017, sichuan honghua petroleum equipment successfully won a bid for sale of ten 70DBS land drilling rigs.According to tender, total value of land drilling rigs is approximately US$120 million.  Full Article

Honghua Group says loss for six months ended 30 June 2017 is expected to rise substantially
Monday, 24 Jul 2017 05:08am EDT 

July 24 (Reuters) - Honghua Group Ltd <0196.HK>:Loss for six months ended 30 June 2017 is expected to increase substantially.Expected result due to international oil price is still staying at low price and needs for oil exploration equipment recovered at a slow pace.  Full Article

Honghua Group says unit entered into sale and purchase agreement
Monday, 26 Jun 2017 10:45am EDT 

June 26 (Reuters) - Honghua Group Ltd <0196.HK> ::Sichuan Honghua entered into sale and purchase agreement with ASIFL and Shenzhen Honghua.‍shenzhen Honghua entered into finance lease agreement with ASIFL pursuant to which ASIFL will lease equipment to Shenzhen Honghua​.Total consideration is RMB33.2 million of which RMB8.3 million was payable by Shenzhen Honghua upon signing of sale and purchase agreement.ASIFL to purchase equipment from Sichuan Honghua in sale and purchase agreement.  Full Article

Honghua Group says Sichuan Honghua Electric Co signed cooperation agreement
Friday, 16 Jun 2017 06:52am EDT 

June 16 (Reuters) - Honghua Group Ltd <0196.HK>:Sichuan Honghua Electric Company, entered into a strategic cooperation agreement.Deal with Sinopec East China Oil And Gas Company.Parties will be each other's preferred contractor in integrated projects of drilling and shale gas projects in sichuan basin area.Company and Halliburton Energy Service (China) Limited entered into a non-binding memorandum of understanding.Mou contemplates parties will be each other's preferred contractor and subcontractor in integrated projects of shale gas projects in Sichuan basin.  Full Article

Honghua Group says Honghua Offshore and LNG 21 Partners enter purchase agreement
Thursday, 11 May 2017 02:26am EDT 

May 11 (Reuters) - Honghua Group Ltd <0196.HK>:Honghua Offshore and LNG 21 Partners, LLC entered into a legally binding head of agreement .HOA entered into between Honghua Offshore and Argo on 28 October 2016 has been terminated.LNG 21 intends to purchase from Honghua Offshore one set of PLNG for a consideration of about US$2.2 billion.  Full Article

Honghua group entered into placing agreement to place 508 million shares
Tuesday, 11 Apr 2017 10:23am EDT 

Honghua Group Ltd <0196.HK>: Entered into placing agreement with shenwan . Gross proceeds from issue of placing shares, if fully placed, will be approximately hk$391.16 million .Honghua group ltd- shenwan has agreed to place up to 508 million shares, on a best effort basis, at a price of hk$0.77 per share.  Full Article