China Resources Land Ltd<1109>, the Hong Kong-listed real estate unit of China Resources (Holdings) Co Ltd, has acquired a piece of land in Hangzhou, Zhejiang Province for RMB 2.77 billion, or RMB 15,281 per square meter of potential floor area, a record-breaking price for the region, sources reported.The...
China Resources Land Ltd<1109> on May 12 announced that its contracted sales revenue was about RMB 6.6 billion in the first four months of this year, soaring 620% year on year and accounting for 72.3% of the annual goal, sources reported.In the period from January to April, the Hong Kong-listed company...
China Resources Land Ltd<1109> on Apr. 9 acquired a piece of undeveloped residential land for RMB 229 million in Hefei, the capital city of Anhui Province, sources reported.The property, which covers 69.24 Mu and has a potential floor area of 190,000 square meters, was purchased by the Hong Kong-listed...
China Resources Land Ltd<1109> announced yesterday that it recorded net profit of HK$2.04 billion last year, a sharp year-on-year increase of 42.38%, sources reported.Last year, the Hong Kong-listed company declared a dividend of HK$0.083 per share. Earnings per share were HK$0.469. In the same year, the...
China Resources Land Ltd<1109>, the Hong Kong-listed real estate unit of China Resources (Holdings) Co Ltd, said it has signed a HK$2.75-billion term loan facility agreement with a bank, sources reported. The company did not disclose the name of the bank. The real estate developer said in a statement filed...
U.S.-based financial holding company JPMorgan Chase & Co retained its "neutral" rating for China Resources Land Ltd<1109> and cut the stock's target price from HK$21 to HK$20. JPMorgan Chase said in a statement that the property developer's net profit from core business surged 40% year on year to...
China Resources Land Ltd<1109>, the Hong Kong-listed real estate unit of China Resources (Holdings) Co Ltd, has won the bid for a piece of residential land in Nanjing, Jiangsu Province, for RMB 2.22 billion or RMB 7,992 per square meter of potential floor area, sources reported. The parcel, which covers a land...
China Resources Land Ltd<1109>, the real estate flagship of China Resources Group, recently launched a high-end project in Dalian, Liaoning Province, sources reported.The project, named No. 1 Xinghai Bay, is located in Xinghai Bay Square and comprises sea-view villas, high-end apartments and Grand Hyatt hotel....
China Resources Land Ltd<1109>, the Hong Kong-listed real estate unit of China Resources (Holdings) Co Ltd, last week launched a new brand strategy theme emphasizing quality buildings in a bid to enhance its core competitiveness, sources reported.The new brand strategy will be comprehensively implemented...
China Resources Land Ltd<1109>, the Hong Kong-listed real estate unit of China Resources (Holdings) Co Ltd, on Tuesday said it has signed a HK$1 billion term loan facility agreement with three banks, sources reported.The real estate developer said in a statement filed with the Hong Kong Stock Exchange...