Results for shimao property: 36

Shimao Property Holdings Ltd<0813> and two subsidiaries on Oct. 24 signed a cooperative agreement with state-owned Wuxi Communications Industry Group Co Ltd to jointly develop a RMB 4.26-billion property project in Wuxi, Jiangsu Province, sources reported.According to the agreement, the partners...

Citigroup Inc recently assigned "buy" rating for Shimao Property Holdings Ltd<0813>, raising the stock's target price to HK$19.47 from HK$18.55, sources reported.The brokerage said that Shanghai-based Shimao has strong brand name, solid sales performance, good cost control and robust financial position,...

Sino-Singapore Tianjin Eco-City Investment and Development Co Ltd (SSTEC), a 50:50 joint venture (JV) between a Chinese consortium led by Tianjin TEDA Investment Holding Co Ltd (Tianjin TEDA) and a Singaporean consortium led by Keppel Group, has teamed up with Shimao Property Holdings Ltd...

Shimao Property Holdings Ltd<0813> announced on Apr. 28 that its net profit hit RMB 841 million last year, a year-on-year plunge of 79.5%, sources reported.In 2008, the operating revenue of the Hong Kong-listed company declined 22% to RMB 7.2 billion, of which RMB 6.2 billion was generated from real estate...

Shimao Property Holdings Ltd<813> recorded contracted sales revenue of RMB 4.55 billion in the first quarter of this year, an amazing year-on-year increase of 346%, and has already accomplished more than 30% of the sales goal this year, sources reported.In March, sales revenue of the Hong Kong-listed firm...

Shimao Property Holdings Limited<0813>, a Shanghai-based property developer founded by Chinese billionaire Xu Rongmao, has won the bid for a piece of land in Xiamen, Fujian Province yesterday.Shimao Property will pay RMB 709 million for the land parcel in Siming District in the city, which has a designed...

U.S. investment bank Morgan Stanley again assigned a rating of "buy" for shares of Shimao Property Holdings Ltd<0813>, which is engaged in real estate development, investing and hotel operation, after the Shanghai-based developer raised its full-year contracted sales target.Morgan Stanley said in a statement...

Shimao Property Holdings Ltd<0813>, which is engaged in real estate development, investment and hotel operation, recently raised its stake in Modern Way, which is controlled by a real estate private equity fund managed by Morgan Stanley Real Estate, to 96.054% after buying 8,684.28 shares of the real estate...

Shimao Property Holdings Ltd<0813>, which is engaged in real estate development, investing and hotel operation, has raised its full-year contracted sales target to RMB 20 billion from RMB 17 billion and its construction target to 2 million square meters of gross floor area from 1.7 million sq m.In the first eight...

Switzerland-based Credit Suisse Group AG recently lowered its target price for shares of Shimao Property Holdings Ltd<0813> to HK$16.5 and retained the rating of "outperform" for the stock.The brokerage said that Shimao is likely to post a year-on-year growth of 29% in its first-half earnings. Its profit in the period...