Key Developments: China Resources Land Ltd (1109.HK)

1109.HK on Hong Kong Stock

16.62HKD
3:12am EDT
Price Change (% chg)

HK$0.94 (+5.99%)
Prev Close
HK$15.68
Open
HK$15.80
Day's High
HK$16.94
Day's Low
HK$15.80
Volume
39,884,646
Avg. Vol
12,808,523
52-wk High
HK$24.20
52-wk Low
HK$13.62

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Latest Key Developments (Source: Significant Developments)

Fitch Rates China Resources Land's USD Notes 'BBB+(EXP)'

(The following statement was released by the rating agency) HONG KONG/SINGAPORE, May 08 (Fitch) Fitch Ratings has assigned China Resources Land Ltd's (CR Land; BBB+/Stable) proposed US dollar senior unsecured notes an expected 'BBB+(EXP)' rating. The notes will be issued under its USD2bn medium-term note programme and will be consolidated with the USD450m 4.375% notes due 2019 issued on 27 February 2014 to form a single series. The notes are rated at the same level as CR Land's senior unsec

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