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China Financial International Investments Ltd (0721.HK)

0721.HK on Hong Kong Stock

0.40HKD
22 Mar 2017
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HK$0.78
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Latest Key Developments (Source: Significant Developments)

China Financial International Investments enters subscription agreement<0721.HK><2349.HK>
Tuesday, 31 May 2016 09:07am EDT 

China Financial International Investments Ltd <0721.HK>: Deal for for a total consideration of hk$204 million . Co as subscriber and China City Infrastructure as the issuer entered into the subscription agreement . Says subscription shares comprise 408 million new shares in China City Infrastructure . Application made by co for resumption of trading in shares on stock exchange with effect from 9:00 a.m. on 1 June .  Full Article

China Financial International Investments issues FY 2015 profit warning
Friday, 5 Feb 2016 04:15am EST 

China Financial International Investments Ltd:Expected to record an unaudited loss of approximately hk$158 million for the six months ended 31 December 2015.Such substantial possible loss is primarily attributable to unrealised losses on listed securities investments of approximately hk$64 million.  Full Article

China Financial International Investments Ltd proposed subscription of new shares
Thursday, 3 Sep 2015 06:09am EDT 

China Financial International Investments Ltd:Says Co and First Subscriber entered into First Subscription Agreement in respect of First Subscription.Pursuant to which First Subscriber has conditionally agreed to subscribe for and Co has conditionally agreed to allot and issue 2.2 bln new Shares at the First Subscription Price of HK$0.20 per First Subscription Share.Says Co and the Second Subscriber entered into the Second Subscription Agreement in respect of the Second Subscription.Pursuant to which the Second Subscriber has conditionally agreed to subscribe for and the Co has conditionally agreed to allot and issue 1.8 bln new Shares at the Second Subscription Price of HK$0.20 per Second Subscription Share.Says the Co and the Third Subscriber entered into the Third Subscription Agreement in respect of the Third Subscription.Pursuant to which the Third Subscriber has conditionally agreed to subscribe for and the Co has conditionally agreed to allot and issue 1.7 bln new Shares at the Third Subscription Price of HK$0.20 per Third Subscription Share.Says the Co and the Fourth Subscriber entered into the Fourth Subscription Agreement in respect of the Fourth Subscription.Pursuant to which the Fourth Subscriber has conditionally agreed to subscribe for and the Co has conditionally agreed to allot and issue 800 mln new Shares at the Fourth Subscription Price of HK$0.20 per Fourth Subscription Share.Says gross proceeds are expected to be about HK$1,300,000,000.  Full Article

China Financial International Investments Ltd announces change of Chairman of board
Monday, 8 Jun 2015 06:06am EDT 

China Financial International Investments Ltd:Says Wang Dehe has tendered his resignation as non-executive Director, and will, ipso facto , cease to be chairman of Board.Board further says that Du Lin Dong, the executive Director and Chief Executive Officer of company, will be appointed as chairman of Board with effect from June 8.  Full Article

China Financial International Investments Ltd announces formation of a joint venture company with Shanghai Shenhua and Lujiazui International
Tuesday, 7 Apr 2015 07:51pm EDT 

China Financial International Investments Ltd:Enters into among the Company, Shanghai Shenhua and Lujiazui International in relation to the formation of Shanghai JV in Shanghai.Parties to the JV Agreement agreed that Shanghai JV will be established in the Shanghai Free Trade Zone, the PRC and will be owned as to 30 pct by the Company, as to 45 pct by Shanghai Shenhua and as to 25 pct by Lujiazui International respectively.Expects that Shanghai JV will be engaged principally in the development of the financing and leasing business of the auto consumption industry in the PRC.Expected total registered capital of Shanghai JV will be 200 mln yuan and will be contributed as to 90 mln yuan by Shanghai Shenhua, 60 mln yuan by the company and 50 mln yuan by Lujiazui International in cash.  Full Article

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