China State Con (03311.HK) subsidiary China State International Investment establishes factoring arrangements.

On December 6, Grand Enter announced that China State Con (03311.HK) has entered into a factoring arrangement on December 6, 2024, whereby on the same day, China State Con Investment (its indirectly wholly-owned subsidiary) entered into the following agreements: (1) Accounts receivable transfer contract one with Wenzhou Hai Sheng; (2) Accounts receivable transfer contract two with Wenzhou Hai Heng; and (3) Factoring contract with China State Commercial Factoring, concerning the transfer of accounts receivable to China State Commercial Factoring, which (a) provides a principal amount of 0.25 billion yuan (equivalent to approximately HKD) to China State Con Investment at a discount rate of 94.7%.

Gelonghui FinanceDec 6, 2024 03:47 ET

China State Construction Redeems $500 Million Perpetual Securities

MT NewswiresDec 3, 2024 06:02 ET

china state con (03311.HK): redeemed $0.5 billion of subordinated guaranteed perpetual capital securities

Gelonghui December 3rd | china state con (03311.HK) announced that China StateConstruction Finance (Cayman) III Limited (the "issuer") has issued and the company has unconditionally and irrevocably guaranteed the issuance of 0.5 billion US dollars of subordinated perpetual capital securities ("securities"). Under the terms and conditions of the securities, the issuer may give not less than thirty days and not more than sixty days' notice to redeem the total outstanding principal together with any accrued distribution (but excluding on the first redemption date or

Gelonghui FinanceDec 3, 2024 03:46 ET

China State Construction International Holdings' (HKG:3311) Earnings Growth Rate Lags the 18% CAGR Delivered to Shareholders

Simply Wall StNov 18, 2024 20:39 ET

Hong Kong stock concept tracking | The official draft of the market cap management guidelines has been released! Long-term undervalued stocks are expected to welcome investment opportunities (with associated concept stocks).

China Securities Co.,Ltd. stated that the CSRC officially issued the "Guidelines for Market Value Management of Listed Companies No. 10", with certain optimizations and adjustments in aspects such as system disclosure, long-term companies trading below net asset value, index selection, regulatory measures, etc.

Zhitong FinanceNov 17, 2024 18:23 ET

Hong Kong stock concept tracking | Infrastructure in the fourth quarter is expected to accelerate, institutions focus on high-quality development of central state-owned blue-chip companies under the background of debt-to-equity swap (including concept sto

Part of the debt funds will be used to repay the debts of architecture engineering companies, benefiting these companies directly.

Zhitong FinanceNov 3, 2024 20:28 ET