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Greattown Holdings Ltd (900940.SS)

900940.SS on Shanghai Stock Exchange

0.70USD
23 Feb 2018
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Mon, Jan 29 2018

BRIEF-Greattown Holdings Expects 2017 Net Profit To Rise 64.2 Percent Y/Y

* SAYS IT EXPECTS 2017 NET PROFIT TO RISE 64.2 PERCENT Y/Y TO 1.4 BILLION YUAN ($221.27 million) Source text in Chinese: http://bit.ly/2nlFfR0 Further company coverage: ($1 = 6.3270 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Greattown Holdings' unit to set up industry investment fund

* Says unit plans to invest 168 million yuan ($25.40 million) to set up Hunan silkroad industry investment fund with partners

BRIEF-Greattown Holdings' unit plans to issue asset-backed securities

* Says unit plans to issue up to 1.0 billion yuan ($150.65 million) asset-backed securities

BRIEF-Greattown to launch 2 bln yuan debt financing plan, unit plans property JV

* Says it plans to launch up to 2.0 billion yuan ($301.66 million) debt financing plan

BRIEF-Greattown Holdings' unit wins land auctions for 633 mln yuan

* Says unit wins land auctions for a combined 633 million yuan ($95.15 million)

BRIEF-Greattown Holdings' 9-mth net profit down 17.3 pct y/y, Q3 contract sales at 3.9 bln yuan

* Says its 9-month net profit down 17.3 percent y/y from 794.8 million yuan ($120.10 million) a year ago

BRIEF-Lock-up period for Greattown Holdings' 463.8 mln shares to end

* Says lock-up period for 463.8 million shares to end, trading to start on Sept 22

BRIEF-Greattown Holdings' unit wins land auction for 1.37 bln yuan

* Says unit wins land auction for 1.37 billion yuan ($210.04 million)

BRIEF-Greattown Holdings' unit wins land auction for 669 mln yuan in Fuzhou city

* Says unit wins land auction for 669.0 million yuan ($101.95 million) in Fuzhou city

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