01329 CAPITAL GRAND
- 0.720
- -0.020-2.70%
CAPITAL GRAND News
Hong Kong stocks unusual movement | Capital Grand resumed trading with a sharp rise of over 36%, receiving a 46.55% premium offer from the major shareholder for privatization.
Glolink reported on October 29th | Capital Grand (1329.HK) resumed trading and soared, rising more than 36% to HK$0.79 at one point during the day. On the news front, the group announced that First Capital Investment Holdings recommends privatizing Capital Grand, offering a cash price of HK$0.85 per share, a premium of 46.55% over the suspension price. After completion, an application will be made to the Hong Kong Stock Exchange to delist the shares. Currently, First Capital Investment Holdings holds a total of 67.57% of Capital Grand's shares. (Glolink)
Capital Grand (01329.HK) resumed trading this morning
GLENCORE October 29th | capital grand (01329.HK) announced that the company's shares will resume trading at nine o'clock this morning (29/10/2024).
Resumption of trading: capital grand (01329.HK) major shareholder proposes privatization at HK$0.85 per share.
Capital grand (01329.HK) announced that First Credit Investment Holdings (the summarizer) has recommended privatizing the company through a negotiated arrangement, with a cash price of 0.85 yuan per share, representing a 46.55% premium over the pre-suspension price. After the plan takes effect, the company will apply to the Stock Exchange to withdraw the listing status of the shares. Currently, the summarizer and its concerted actions collectively hold 67.57% of the company's share capital. The company's shares have applied to resume trading on Tuesday (the 29th).
Beijing Capital Grand Plans Privatization and Delisting
Capital grand (01329) received a premium of approximately 46.55% from the controlling shareholder for privatization. It will resume trading on October 29th.
Capital Grand (01329) and the offeror First Platinum Investment Holdings Limited jointly announced on October 16, 2024...
Capital Grand (01329.HK): It is recommended to privatize and delist the company through an agreement arrangement. It is planned to resume trading on October 29.
Capital grand announced on October 28 that on October 16, 2024, the offeror (First Pacific Investments Limited) requested the board of directors to propose privatizing the company to the planned shareholders under Article 86 of the Companies Act by agreement, involving the cancellation of the planned shares and (as consideration) paying the planned shareholders the cancellation price of each planned share in cash, as well as delisting the shares from the Stock Exchange. The plan will provide for the cancellation of all planned shares in exchange for a cash cancellation price of HK$0.85 per planned share. The cash cancellation price per planned share is 0.
Beijing Capital Grand Trading Halt Sparks Investor Interest
Capital Grand (01329.HK) suspended trading briefly this morning.
Capital grand (01329.HK) announced on October 17th that its shares will be temporarily suspended from trading starting at nine o'clock this morning (17/10/2024).
Express News | Capital grand has suspended trading in Hong Kong.
Many real estate stocks surged by over 60%! On the first day of the new policies in Beijing, Shanghai, Guangzhou, and Shenzhen, some people even "bought houses in the air" overnight!
After the opening of the Hong Kong stock market, the real estate sector has the highest increase, with more than several individual stocks still rising by over 60% as of the time of writing.
CAPITAL GRAND: Interim Report 2024
Capital grand (01329) announced its interim performance. Shareholders' attributable loss was 0.151 billion yuan, turning from profit to loss year on year.
Capital Grand (01329) released its interim performance for the six months ended June 30, 2024, during which the group achieved...
CAPITAL GRAND: INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Express News | CITIC Sec invested in a related company of Wuhan Shouchuang Outlet.
Express News | CITIC SEC acquires a stake in Wuhan's First Outlet
Beijing Capital Grand Limited Projects H1 Loss
Capital grand (01329.HK) is expected to shift from profit to loss in the first half of the year, with a loss of 0.151 billion yuan.
Capital grand (01329.HK) issued a profit warning, expecting to convert to a loss of up to 0.151 billion yuan RMB for the six months ending June 30, 2024, compared with a net profit of about 87 million yuan RMB in the same period last year.
Capital Grand (01329.HK) is expected to have a net loss of no more than 0.151 billion yuan in the first half of the year, compared with a profit of 87 million yuan in the same period last year.
On August 9th, Gelunhui reported that Capital Grand (01329.HK) is expected to have a net loss attributable to the company's owners of no more than approximately RMB 0.151 billion for the six months ending June 30, 2024, while a net income attributable to the company's owners of approximately RMB 87 million was recorded for the six months ending June 30, 2023. In the first half of 2024, the revenue and gross profit of the Group's OLE main business both increased slightly compared to the same period last year. The net loss during the reporting period was mainly due to a decrease in the investment property appraisal increment of the Group compared to the previous year, while the property appraisal increment for the same period in 2023 contributed to net income.
CAPITAL GRAND: PROFIT WARNING
Ke Ruixi: The total financing amount of 65 typical real estate companies in July was 52.346 billion yuan, and the single-month financing scale reached a new high for the year.
Ke Research report states that in July 2024, the total financing amount of 65 typical real estate enterprises was 52.346 billion yuan, an increase of 63.8% month-on-month and a decrease of 9% year-on-year. The monthly financing scale reached a new high since 2024, mainly because Vanke obtained a bank loan of 32.666 billion yuan.
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