Renhe Commercial Holdings
UBS raised RENHE COMM (HKG:1387) target price to $3.45
Wednesday, January 6th, 2010[Date:07-13-2009] Source: Quam UBS issued a report, maintained RENHE COMM (HKG:1387) the “buy” rating,and raised its target price to $3.45 from $2.6. RENHE COMM (HKG:1387) closed at $1.87 at noon,up 1%.
RENHE COMM (HKG:1387) to place 3 billion existing Shares
Wednesday, January 6th, 2010[Date:07-16-2009] Source: Quam On 16 July 2009, RENHE COMM (HKG:1387),the Vendor entered into the Placing Agreement pursuant to which the company has agreed to place 3 billion existing Shares owned by the Vendor at the Placing Price of HK$1.86 per Share. The Placing Shares represent approximately 15.0% of the issued share capital of the Company. [...]
Renhe (HKG:1387) gains approval for underground comm project
Wednesday, January 6th, 2010[Date:09-01-2009] Source: Infocast News Renhe Commercial Holdings (HKG:1387) announced that it has secured approval from the State Civil Air Defense Office to develop and operate an underground commercial centre in Handan, Hebei Province. The Handan project will add approximately 100,000 square metres of gross floor area to the reserved development sites of the group and [...]
Renhe (HKG:1387) 1H NP RMB708M, up 1.5x; no div
Wednesday, January 6th, 2010[Date:09-22-2009] Source: Infocast News Renhe Commercial (HKG:1387) recorded a profit attributable to equity holders of approximately RMB707.91 million for the first half of 2009, up 151.6% compared with a year ago. EPS were RMB0.0354. No interim dividend was declared.
RENHE COMM (HKG:1387) interim net profit grew 152%
Wednesday, January 6th, 2010[Date:09-23-2009] Source: Quam RENHE COMM (HKG:1387) announced its interim results for six months ended 30 June of 2009.The turnover was grew 196% YOY to 1.35 billion yuan;The net profit was grew 196% YOY to 708 million yuan;The earnings per share was 0.0354 yuan,not to pay a interim dividend.
UBS sees H share index to hit 15500 by mid-’10
Wednesday, January 6th, 2010[Date:12-02-2009] Source: Infocast News UBS set a mid-2010 HSCEI index (H share index) target of 15500 and an MSCI China target of 75. The brokerage believes strong economic growth, improving corporate earnings, an accommodative macro policy, and continued abundant liquidity will probably translate into a big bull market for China in the first half of [...]
Renhe (HKG:1387) sells Zhengzhou ppt project for $2.77B
Wednesday, January 6th, 2010[Date:12-21-2009] Source: Infocast News Renhe Commercial Holdings Company Limited (HKG:1387) announced to sell the Zhengzhou Project for a total consideration of $2.7.65 billion. It is expected that the Company will realise a net gain of $2.155 billion as a result of the disposal. Phase I of Zhengzhou Project is a project for the development of [...]
Renhe (HKG:1387) secures approval for 2 commercial centers
Wednesday, January 6th, 2010Renhe Commercial (HKG:1387) announced that it has secured approval from the State and Provincial Civil Air Defense Office to develop and operate underground commercial centers in Wuhu, Anhui Province and Qingdao, Shandong Province. The Wuhu project has a total gross floor area of approximately 150,000 square metres, and the Qingdao project has a total gross [...]
Renhe Commercial Holdings Company Limited (1387.HK) – Key Developments
Wednesday, January 6th, 2010Renhe Commercial Holdings Company Ltd Not To Declare Interim Dividend Tuesday, 22 Sep 2009 04:16am EDT Renhe Commercial Holdings Company Ltd announced that there was no interim dividend declared attributable to the six months ended June 30, 2009. (six months ended June 30, 2008: Nil) Renhe Commercial Holdings Company Ltd Announces Placing Of Existing Shares [...]
Renhe Commercial Holdings Co Ltd – 1387:HK – Pink OTC Markets Inc:RNHEF
Wednesday, January 6th, 2010Renhe Commercial Holdings Company Limited, together with its subsidiaries, is engaged in development, lease and management of underground shopping malls in the People’s Republic of China. Its shopping centres are located directly underneath main roads in the prime commercial areas of major Chinese cities. The underground shopping centres have entrances adjacent to commercial buildings and [...]