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China Minsheng Financial Holding Corp Ltd (0245.HK)

0245.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

China Minsheng Financial says FY profit attributable was HK$36.9 million
Wednesday, 22 Mar 2017 11:05am EDT 

China Minsheng Financial Holding Corp Ltd <0245.HK> : FY total revenue HK$ 230.2 million versus HK$201.1 million . Directors do not recommend payment of any dividend for year ended 31 december 2016 .Fy profit attributable to owners of company HK$36.9 million versus loss of HK$28.6 million.  Full Article

China Minsheng Financial Holding Corp updates on provision of term loan
Wednesday, 22 Feb 2017 11:02pm EST 

China Minsheng Financial Holding Corp Ltd <0245.HK> : Discloseable transaction: provision of term loan . Borrower and Hong Kong Huaxin entered into facility agreement .Lender has agreed to provide term loan in principal amount of up to HK$468 million to borrower.  Full Article

China Minsheng Financial Holding Corp says zhao hongbo resigned as executive director
Wednesday, 11 Jan 2017 09:11am EST 

China Minsheng Financial Holding Corp Ltd <0245.HK> : China Minsheng Financial Holding Corp Ltd - Zhao Hongbo has resigned as an executive director of company . Chen Guogang has been appointed as first vice chairman and executive director of company .China Minsheng Financial Holding -Ni Xinguang has been re-designated from a non- executive director to an executive director of company.  Full Article

Kaidi Ecological's Hong Kong unit to buy stake in China Minsheng Financial
Tuesday, 6 Dec 2016 07:56am EST 

Kaidi Ecological And Environmental Technology Co Ltd <000939.SZ> :Says Hong Kong unit plans to buy 4.9 percent stake in China Minsheng Financial Holding <0245.HK> for HK$1.14 billion ($146.99 million) from CMI Financial.  Full Article

China Minsheng Financial says HY net profit HK$12.3 mln<0245.HK>
Monday, 22 Aug 2016 10:55am EDT 

China Minsheng Financial Holding Corp Ltd <0245.HK>: Cn minsheng fin-interim results for the six months ended 30 June 2016 . HY net profit HK$ 12.288 million versus loss of HK$ 8.7 million a year ago . HY turnover HK$58.8 million versus HK$139.0 million . In the second half of 2016, China is expected to support a steady development of the economy . Directors have resolved not to declare any interim dividend in respect of the six months ended 30 June 2016 .  Full Article

China Minsheng Financial Holding updates on investment in a fund<0245.HK>
Thursday, 11 Aug 2016 12:06am EDT 

China Minsheng Financial Holding Corp Ltd <0245.HK>: Cn minsheng fin-discloseable transaction in relation to investment in a fund <0245.HK> . The company has entered into the subscription agreement with pacm . company has agreed to subscribe for 58,200 participating shares at a total consideration of US$75 million .  Full Article

China Minsheng Financial says unit entered into the loan agreement<0245.HK>
Monday, 27 Jun 2016 08:49am EDT 

China Minsheng Financial Holding Corp Ltd <0245.HK>: Cn minsheng fin-discloseable transaction: provision of bridge loan <0245.HK> . Lender has agreed to provide bridge loan in the amount of up to HK$250 million to the borrower .Unit, CM Wealth Holdings (as the lender) entered into the loan agreement with the borrower.  Full Article

China Minsheng Financial Holding appoints Li Huaizhen as Chairman<0245.HK>
Friday, 3 Jun 2016 10:45am EDT 

China Minsheng Financial Holding Corp Ltd <0245.HK>: Li huaizhen has been appointed as chairman . Says zhang sheng will resign as the chairman .  Full Article

China Minsheng Financial enters into intercreditor deed
Tuesday, 23 Feb 2016 06:39pm EST 

China Seven Star Holdings Ltd:China Seven Star Wealth Management Ltd, Hope Star Shipping Co and obligors entered into the intercreditor deed.Says pursuant to deal lender agreed to provide senior term loan in amount of up to hk$120 million to borrower.Pursuant to deed senior creditor shall have priority over junior creditor in any principal repayment, interest payment etc.  Full Article

China Seven Star Holdings says Liu Tianlin appointed CEO
Sunday, 13 Dec 2015 05:51pm EST 

China Seven Star Holdings Ltd:Says liu tianlin has been appointed as the vice chairman of the board and the chief executive officer.Says zhang sheng has been appointed as the chairman of the board.Says ni xinguang has ceased to be the chairman of the board.Says chen fenfei has resigned as the chief executive officer of the company.  Full Article

More From Around the Web

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China Minsheng Financial eyes financial sector buys in Europe

HONG KONG China Minsheng Financial Holding Corp is scouting for acquisitions of financial services companies including banks in Europe, betting on the bloc's strengthening ties with the world's second-largest economy, a top executive said.

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