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China Innovative Finance Group Ltd (0412.HK)

0412.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

China Innovative Finance Group says unit to make loan of principal amount of HK$220 mln
Friday, 15 Sep 2017 10:32am EDT 

Sept 15 (Reuters) - China Innovative Finance Group Ltd <0412.HK>::Unit entered loan agreement to lend borrower loan of principal amount of HK$220 million.  Full Article

China Innovative Finance says Cheng Yan resigns as CEO
Thursday, 14 Sep 2017 04:45am EDT 

Sept 14 (Reuters) - China Innovative Finance Group Ltd <0412.HK>:Resignation of Cheng Yan as executive director and chief executive.Board is now in course of sourcing new chief executive.  Full Article

China Innovative Finance says unit entered into agreement
Tuesday, 25 Apr 2017 11:33am EDT 

April 25 (Reuters) - China Innovative Finance Group Ltd <0412.HK>::Major and connected transaction in relation to acquisition of 40% equity interest in target company.Transaction in relation to acquisition of 40% equity interest in target company.Deal consideration shall be hk$1.50 bln .Unit entered into agreement with Shandong International and Shandong Rural .Unit to acquire 40% of issued share capital of Shandong Hi-Speed (BVI) International.Consideration shall be satisfied by allotment and issuance of 5 bln shares at issue price of hk$0.3 per share to seller.  Full Article

China Innovative Finance says group expects to record profit for year ended March 31
Tuesday, 11 Apr 2017 09:27am EDT 

China Innovative Finance Group Ltd <0412.HK> : For year ended 31 March 2017, it is expected that group may record a profit from HY loss .Expected result mainly attributable to fair value gain on investments at fair value through profit or loss.  Full Article

China Innovative Finance Group says Greater Chance as vendor and Leading Fortune as purchaser entered into sale and purchase agreement
Friday, 31 Mar 2017 11:20am EDT 

China Innovative Finance Group Ltd <0412.HK>- : Greater chance as vendor and leading fortune as purchaser entered into sale and purchase agreement .Deal at consideration of hk$97.2 million.  Full Article

China Innovative Finance issues profit warning
Friday, 7 Oct 2016 10:34am EDT 

China Innovative Finance Group Ltd <0412.HK> : Group expected to record a loss for six months ended 30 September 2016 .Expected result attributable to realized fair value loss on investments at fair value through profit or loss for the period.  Full Article

Hao Tian Development Group updates on disposal of shares in China Innovative Finance Group
Friday, 23 Sep 2016 08:40am EDT 

Hao Tian Development Group Ltd <0474.HK>" : Unit entered into a sale and purchase agreement with an independent third party .HTM has agreed to sell 1.74 bln shares in China Innovative Finance Group held by HTM at consideration of HK$0.297 per share.  Full Article

China Innovative Finance Group enters into subscription agreement<0412.HK>
Wednesday, 27 Jul 2016 11:01am EDT 

China Innovative Finance Group Ltd <0412.HK>: China inno fin-issue of US$40,000,000 secured convertible bonds under general mandate <0412.HK> . Estimated net proceeds from issue of the convertible bonds , are estimated to be approximately hk$310 million . Proceeds are intended to be used for the redemption of the previous convertible bonds . Says entered into the subscription agreement with the subscriber,sea venture investments .  Full Article

China Innovative Finance entered into loan agreements<0412.HK>
Wednesday, 29 Jun 2016 09:51am EDT 

China Innovative Finance Group Ltd <0412.HK>: China inno fin-discloseable transaction in relation to provision of financial assistance . On 29 June 2016, loan agreements were entered into between c.i.f. financial and the borrower . Loans in the aggregate principal amount of hk$100 million .Says will finance the loans by the internal resources of the group and banking facilities.  Full Article

China Innovative Finance Group posts FY net profit HK$71.7 million<0412.HK>
Monday, 27 Jun 2016 06:19pm EDT 

China Innovative Finance Group Ltd <0412.HK>: China inno fin-announcement of annual results for the year ended 31 March 2016 <0412.HK> . FY net profit hk$71.7 million versus net loss of hk$128.7 million a year . FY revenue from continuing operations hk$97 million versus hk$3.8 million . Says no dividend was paid or proposed for the year ended 31 March 2016 . For 2016, anticipate continued volatility and uncertainties in economies around the world, including China .  Full Article

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