Edition:
United States

China South City Holdings Ltd (1668.HK)

1668.HK on Hong Kong Stock

1.77HKD
19 Sep 2017
Change (% chg)

HK$-0.01 (-0.56%)
Prev Close
HK$1.78
Open
HK$1.78
Day's High
HK$1.80
Day's Low
HK$1.75
Volume
22,319,496
Avg. Vol
22,071,308
52-wk High
HK$1.87
52-wk Low
HK$1.41

Latest Key Developments (Source: Significant Developments)

China South City says Ma Kai Cheung resigns as co-chairman
Tuesday, 25 Jul 2017 08:49am EDT 

July 25 (Reuters) - China South City Holdings Ltd <1668.HK>:Ma Kai Cheung has tendered his resignation as co-chairman of group but shall remain as a non-executive director of company.Cheng Chung Hing has been re-designated as chairman & ceased to act as co-chairman, and will remain as an executive director of co.Sun Kai Lit Cliff, Ma Wai Mo And Leung Moon Lam have tendered their resignations as non-executive directors.  Full Article

China South City Holdings recorded qtrly contracted sales of about HK$2.36 bln
Friday, 14 Jul 2017 08:12am EDT 

July 14 (Reuters) - China South City Holdings Ltd <1668.HK>::Recorded contracted sales of approximately HK$2,362 million for Q1 of FY2017/18 ended 30 June 2017.  Full Article

China South City announces acquisition of land use rights in Hefei City
Thursday, 13 Jul 2017 10:30am EDT 

July 13 (Reuters) - China South City Holdings <1668.HK>:Major transaction acquisition of land use rights in Hefei City .Deal at consideration of RMB3.21 bln.CSC Hefei, a wholly-owned subsidiary of company has bid for land use rights of land.  Full Article

China South City Holdings says FY profit attributable HK$ 4.32 billion
Friday, 30 Jun 2017 10:09am EDT 

June 30 (Reuters) - China South City Holdings Ltd <1668.HK>::FY profit attributable to the owners of parent HK$ 4.32 billion versus hk$3.54 billion.FY contracted sales hk$ 8.64 billion versus hk$6.63 billion.FY revenue hk$ ‍7.84​ billion versus hk$6.14 billion.‍proposed final dividend per share hk5.0 cents​.Management expects group to achieve an annual sales target of hk$10 billion to hk$12 billion for fiscal year ended 31 march 2018.  Full Article

China south city holdings appoints new CEO of group
Thursday, 4 May 2017 09:56am EDT 

May 4 (Reuters) - China South City Holdings Ltd <1668.HK>::Song Chuan has been appointed as an executive director of company and chief executive officer of group.Cheng Ka Man Carman has been appointed as an executive director of company.Effective May 4, Fung Sing Hong Stephen ceased to act as chief executive officer of group.  Full Article

China South City says FY16/17 contracted sales of about HK$8.64 bln
Wednesday, 12 Apr 2017 04:48am EDT 

China South City Holdings Ltd <1668.HK> :Recorded contracted sales of approximately hk$8.64 billion for year of fy2016/17 ended 31 march 2017.  Full Article

China South City updates on termination of share transfer agreement
Thursday, 6 Apr 2017 08:00am EDT 

China South City Holdings Ltd <1668.HK> : Termination of share transfer agreement between Cheng Chung Hing and Centralcon Holding Source (http://bit.ly/2oHARP0) Further company coverage: [1668.HK] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Shenzhen Centralcon Investment scraps stake buy, share trade to resume
Thursday, 6 Apr 2017 06:32am EDT 

Shenzhen Centralcon Investment Holding Co Ltd <000042.SZ> : Says it scraps plan for unit to buy 23.2 percent stake in China South City Holdings Ltd <1668.HK> due to changes in domestic equities market conditions, policies .Says trading in shares to resume on April 7.  Full Article

China South City updates on redemption of 2014 notes
Thursday, 9 Mar 2017 06:13am EST 

China South City Holdings Ltd <1668.HK>:Informed trustee that remaining balance of an aggregate amount of US$200 million of 2014 notes, will be redeemed in full on 13 April.  Full Article

China South City enters agreement in relation to notes issue in amount of $300 mln
Thursday, 2 Mar 2017 09:54am EST 

China South City Holdings Ltd <1668.HK> : Company and subsidiary guarantors entered into purchase agreement in connection with notes issue . Net proceeds of notes issue will be used by company primarily to refinance existing indebtedness . Estimated net proceeds of notes issue is US$292.4 million .Co to issue notes in aggregate principal amount of US$300 million.  Full Article

Fitch Affirms Wuzhou at 'CCC'

(The following statement was released by the rating agency) HONG KONG/SHANGHAI, September 12 (Fitch) Fitch Ratings has affirmed China-based property developer Wuzhou International Holdings Limited's Long-Term Foreign-Currency Issuer Default Rating at 'CCC'. Wuzhou's senior unsecured rating and the rating of its USD300 million senior notes due 2018 have also been affirmed at 'CCC', with the Recovery Rating remaining at 'RR4'. The ratings have been affirmed as Wuzhou's contracted sales have been b