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United States

China Resources Land Ltd (1109.HK)

1109.HK on Hong Kong Stock

19.00HKD
2:00am EST
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Wed, Nov 23 2016

BRIEF-China Resources Land inside updates on transaction in relation to subscription of shares

* Inside Information & Discloseable Transaction In Relation To Subscription Of Shares

BRIEF-China resources land achieved contracted sales of about rmb11.30 bln for Oct 31

* For Oct, co and its subsidiaries achieved contracted sales of approximately rmb11.30 bln Source text for Eikon: Further company coverage:

BRIEF-China Resources Land's September contracted sales about RMB8.35 bln

* For month ended 30 September 2016, company and its subsidiaries achieved contracted sales of approximately rmb8.35 billion

Fitch: CR Land's Sales Growth to Pick Up After Asset Injection

(The following statement was released by the rating agency) HONG KONG, August 31 (Fitch) China Resources Land Ltd's (CR Land; BBB+/Stable) latest results support the ratings on the homebuilder, Fitch Ratings says. CR Land has maintained strong contracted sales growth, which is likely to accelerate when its parent, China Resources Holdings (CRH), completes its planned asset injections. Leverage, as measured by net debt/adjusted inventory, increased to 19.7% at end-June 2016 from 15.9% at end

UPDATE 1-China Resources Land raises FY sales target by 10 pct after strong H1

* To focus land purchases on major third-, second-tier cities

China Resources Land H1 core profit up 25.5 pct

HONG KONG, Aug 26 State-backed property developer China Resources Land Ltd said on Friday core profit jumped 25.5 percent in the first half, citing strong growth in housing sales amid market recovery.

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