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China United Travel Co Ltd (600358.SS)

600358.SS on Shanghai Stock Exchange

7.45CNY
24 Apr 2017
Change (% chg)

¥-0.78 (-9.48%)
Prev Close
¥8.23
Open
¥8.23
Day's High
¥8.23
Day's Low
¥7.41
Volume
6,731,436
Avg. Vol
10,831,694
52-wk High
¥12.98
52-wk Low
¥7.41

Latest Key Developments (Source: Significant Developments)

China United Travel to jointly set up investment JV and industry investment buyout fund
Wednesday, 12 Apr 2017 01:35am EDT 

China United Travel Co Ltd <600358.SS> : Says it plans to invest 1.5 million yuan to set up a Hubei-based equity investment JV with partners and hold 30 percent stake in JV .Says it will contribute capital of 23.5 million yuan to establish sport industry investment buyout fund, equivalent to a 9.4 percent stake.  Full Article

China United Travel to buy 40 pct stake and boost capital in media firm
Friday, 7 Apr 2017 04:15am EDT 

China United Travel Co Ltd <600358.SS> : Says it will buy 40 percent stake in Raynew, a Beijing-based media company, and boost capital of 224,500 yuan in it .It will hold 51 percent stake in Raynew, after transaction.  Full Article

China United Travel to swing to loss in FY 2016
Thursday, 26 Jan 2017 03:35am EST 

China United Travel Co Ltd <600358.SS> : Sees to swing to net loss at 155 million yuan to 175 million yuan in FY2016 versus net profit at 12.7 million yuan year ago .Says provision for impairment loss, lawsuit cost in unit and decreased investment revenue as main reasons for the forecast.  Full Article

China United Travel's share trade to halt pending acquisition plan
Friday, 2 Dec 2016 06:21am EST 

China United Travel Co Ltd <600358.SS> :Says share trade to halt from Dec 5 pending announcement related to asset acquisition proposal.  Full Article

China United Travel announces appeals on contract disputes
Thursday, 1 Dec 2016 01:04am EST 

China United Travel Co Ltd <600358.SS> : Says co files appeal to against a Beijing-based investment management firm (appellee), claiming revocation of the first-instance judgment and lawsuit fee born by appellee .Says a Beijing-based hotel (defendant in the first instance) files appeal to against co, to request the court to reject the appeal filed by co and dismiss all claims from co.  Full Article

China United Travel to acquire new media firm for 400 mln yuan
Monday, 11 Jul 2016 08:41am EDT 

China United Travel Co Ltd <600358.SS> : Says it plans to buy new media firm for 400 million yuan ($59.81 million) via cash, share issue .Says it aims to raise up to 192.5 million yuan in private placement of shares to fund acquisition.  Full Article

China United Travel signs cooperation agreement
Thursday, 10 Mar 2016 07:00pm EST 

China United Travel Co Ltd:Signs cooperation agreement with General Administration of Sport of China, Sports Information Center and Shanghai-based cultural transmission company.The parties will cooperate in China electronic athletics carnival.  Full Article

China United Travel to set up JV in Suzhou
Wednesday, 9 Mar 2016 07:00pm EST 

China United Travel Co Ltd:Says to set up a new JV in Suzhou, with two wholly owned subsidiaries.Says the JV will be engaged in culture investment business, and have a registered capital of 10 million yuan.Says company will hold 80 percent stake (8 mln yuan) in the JV.  Full Article

China United Travel to set up JV
Monday, 7 Mar 2016 07:00pm EST 

China United Travel Co Ltd:Says to set up a new JV in Xiamen, with a Xiamen-based investment firm.Says the JV will be engaged in culture investment business, and have a registered capital of 10 million yuan.Says company will hold 15 percent stake (1.5 million yuan) in the JV.  Full Article

China United Travel to acquire stake in Beijing-based technology company
Thursday, 18 Feb 2016 07:00pm EST 

China United Travel Co Ltd:To inject capital of 9 mln yuan in Beijing-based technology company, which is engaged in the provision of software and electronic devices.To hold 5 percent stake in target company after the transaction.  Full Article

More From Around the Web

BRIEF-China United Travel to buy 40 pct stake and boost capital in media firm

* Says it will buy 40 percent stake in Raynew, a Beijing-based media company, and boost capital of 224,500 yuan in it