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China Best Group Holding Ltd (0370.HK)

0370.HK on Hong Kong Stock

0.12HKD
22 Sep 2017
Change (% chg)

HK$-0.00 (-2.54%)
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Open
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Volume
5,740,000
Avg. Vol
20,113,221
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HK$0.25
52-wk Low
HK$0.09

Latest Key Developments (Source: Significant Developments)

China Best Group Holding says HY profit from continuing operations HK$27.1 million
Tuesday, 29 Aug 2017 08:42am EDT 

Aug 29 (Reuters) - China Best Group Holding Ltd <0370.HK>::HY revenue HK$244.3 million versus HK$267.3 million.Profit for HY from continuing operations HK$27.1 million versus loss of HK$15.1 million a year ago.  Full Article

China Best Group sees HY net profit of not less than HK$20 mln
Friday, 14 Jul 2017 06:11am EDT 

July 14 (Reuters) - China Best Group Holding Ltd <0370.HK>::‍group is expected to record a net profit of not less than HK$20 million for six months ended 30 June 2017​.Expected result due to gain on disposal of interests in associates of approximately HK$30 million recognised in first half of 2017.  Full Article

China Best Group Holding further disposes 43.5 mln LTHL shares
Tuesday, 20 Jun 2017 05:45am EDT 

June 20 (Reuters) - China Best Group Holding Ltd <0370.HK>::Group further disposed of 43.5 million LTHL shares at prices between hk$1.60 and hk$1.62 per LTHL share​.Deal for an aggregate net sale proceeds of approximately hk$69.4 million.  Full Article

China Best Group says Tan Xiangdong has resigned as chairman
Monday, 3 Apr 2017 05:23am EDT 

China Best Group Holding Ltd <0370.HK>- : Resignation Of Chairman And Executive Director And Chairman Of Executive Committee . Tan Xiangdong has resigned as chairman of board and executive director of company .Tan will also cease to be chairman of executive committee of company.  Full Article

China best group holding says unit enters into sale and purchase agreement
Monday, 13 Mar 2017 08:12am EDT 

China Best Group Holding Ltd <0370.HK>: Vendor, a wholly owned subsidiary of company, entered into sale and purchase agreement with purchaser . Pursuant to which vendor agreed to sell, and purchaser agreed to purchase, sale shares at consideration of hk$120 million .Group's gains from disposal (after deducting for relevant taxes and expenses) are expected to be not less than hk$20 million.  Full Article

China Best Group Holding issues profit warning<0370.HK>
Tuesday, 12 Jul 2016 07:01am EDT 

China Best Group Holding Ltd <0370.HK>: Profit warning <0370.HK> . Expected result due to realised loss of about hk$8 million derived from trading in listed securities during the period . Expected to record a decline in profit or make a loss for six months ended 30 June 2016 .  Full Article

China Best Group says to terminate the finance lease agreement<0370.HK>
Tuesday, 5 Jul 2016 06:15am EDT 

China Best Group Holding Ltd <0370.HK>: Update on major transaction <0370.HK> . Parties agreed to terminate the finance lease agreement . termination agreement has no material adverse impact on existing business operation or financial position of group . Refers to circular dated 25 January 2016 in relation to a loan agreement and a finance lease agreement .  Full Article

China Best Group Holding issues FY 2015 profit outlook
Friday, 8 Jan 2016 03:20am EST 

China Best Group Holding Ltd:Group is expected to record a net loss for the year ended 31 December 2015.Expected result due to share-based payment expenses of HK$10 million in relation to share options.Expected result was due to unrealised fair value losses of approximately hk$48 million.  Full Article

China Best Group Holding Ltd enters into loan agreements
Monday, 2 Nov 2015 02:56pm EST 

China Best Group Holding Ltd:China Best Finance and Rongjinda Finance, which are indirect wholly-owned subsidiaries of the company, entered into the loan agreements.Says China Best Finance conditionally agreed to grant loan in the principal amount of HK$150 million.Says second loan in the principal amount of HK$150 million.Says Rongjinda Finance entered into the finance lease agreement 1 with Dishangtie.Pursuant to which Rongjinda Finance agreed to purchase the leased assets from Dishangtie at a consideration of RMB600 million.  Full Article

BRIEF-China Best Group sees HY net profit of not less than HK$20 mln

* ‍group is expected to record a net profit of not less than HK$20 million for six months ended 30 June 2017​

No consensus analysis data available.