Ministry of Transport: From April 1 to April 7, the total number of goods transported by national railways was 703.17 million tons, down 3.51% from the previous month
National railways transported a total of 703.17 million tons of goods, a decrease of 3.51% over the previous month; a total of 468.26 million trucks passed on highways across the country, a decrease of 12.98% over the previous month.
Huanan City (01668) appoints Fang Ling as Executive Director and Group Chief Financial Officer
Huanan City (01668) announced that from April 3, 2024, Qin Wenzhong, due to his job...
China IoT: China's logistics industry sentiment index in March was 51.5%, up 4.4 percentage points from month to month
The Zhitong Finance App learned that on April 2, the China Federation of Logistics and Purchasing released the China Logistics Industry Sentiment Index for March.
China South City Falls to 2023 Loss on Fair Value Losses, Lower Revenue
China South City (HKG:1668) reported 2023 loss attributable to owners of HK$4.32 billion, or HK$0.3773 per share, compared with a profit of HK$670.0 million, or HK$0.0634 per share, a year earlier. Fa
China's Logistics Sector Registers Growth in First Two Months
China's logistics sector rallied in the first two months of the year, according to an industry report.
CHINASOUTHCITY: ANNUAL RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED 31 DECEMBER 2023
China South City to Post Loss for 2023
China South City (HKG:1668) is expecting to post a loss after tax between HK$4 billion to HK$5 billion for the year 2023, according to a filing with the Hong Kong Exchange on Monday, The company has a
Changes in Hong Kong stocks | South China City (01668) falls by more than 3% and is expected to lose no less than HK$4 billion after tax in FY2023
South China City (01668) fell by more than 3%. As of press release, it was down 3.29% to HK$0.147, with a turnover of HK$1,418,200.
Huanan City (01668) FYI Police anticipates an after-tax loss of approximately HK$4 billion to HK$5 billion for the 2023 fiscal year
Zhitong Finance App News, South China City (01668) announced that the Group expects to lose approximately HK$4 billion to HK$5 billion after tax for the nine months ended December 31, 2023. The expected losses are mainly due to: (i) loss of fair value of investment properties; (ii) asset impairment of receivables and other receivables; (iii) increased inventory impairment provisions; (iv) loss of fair value of financial assets; and (v) decline in rental revenue.
CHINASOUTHCITY: Inside Information - Profit Warning
Huachuang Securities: In January-February, the cumulative business volume of Tongda achieved rapid growth, and the resilience of express delivery demand was highlighted
Due to the Spring Festival peak factor, based on the January-February data, the cumulative business volume grew at a year-on-year rate: Shentong (40%) > Yunda (27%) > Yuantong (26.6%) > SF Express (4.85%). SF Express's net component volume grew 14.52% year over year.
South China City (01668.HK) held a board meeting on March 28 to consider and approve annual results
Glonghui, March 18, 丨 South China City (01668.HK) announced that the company will hold a board meeting on March 28, 2024 (Thursday) to consider and approve the audited annual results and announcements of the company and its subsidiaries for the nine months ended 31 December 2023, and to consider the payment of a final dividend (if any).
CHINASOUTHCITY: Notice of Board Meeting
Changes in Hong Kong stocks | South China City (01668) fell by more than 4% and fell by more than 45% in a year, some creditors accuse the company and major shareholders of “malicious debt evasion”
South China City (01668) fell by more than 4%, and the cumulative decline during the year has already exceeded 45%. As of press release, it decreased by 4.07% to HK$0.165, with a turnover of HK$3.4533 million.
Changes in Hong Kong stocks | Huanan City (01668) once again fell more than 6%, and it is expected that the April 2024 notes and October notes will default
South China City (01668) fell again in early trading. As of press release, it was down 5.26% to HK$0.162, with a turnover of HK$12.4067 million.
Changes in Hong Kong stocks | China South City (01668) rebounded more than 50% in early trading, two overdue dollar bonds, risk companies plan to sell shares in Xi'an South China City
South China City (01668) plummeted nearly 37% on February 14. Since then, it has rebounded continuously for 3 days, rebounding more than 50% in early trading today. As of press release, it rose 44.44% to HK$0.221, with a turnover of HK$147.254 million.
Changes in Hong Kong stocks | South China City (01668) continues to fall by nearly 7% yesterday and once plummeted by more than 47%, risk of two US dollar deposits being overdue
The Zhitong Finance App learned that South China City (01668) continued to fall by nearly 7%, and fell sharply by more than 47% yesterday. As of press release, it decreased by 6.72% to HK$0.125, with a turnover of HK$1.193,200. According to the news, South China City recently announced that due to increasingly tight liquidity, it is not expected that the mandatory redemption amount due on the October 2024 note on February 9, 2024 will be made, which will result in a default incident on the October 2024 note; at the same time, it is also expected that it will not pay interest on the 2024 April note due on February 12, 2024.
Is China South City Holdings (HKG:1668) Using Debt Sensibly?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' So it seems the smart m
[Hong Kong Stock Connect] South China City (01668) plummeted by more than 18% and is expected to trigger a default on notes, which may lead to bankruptcy or other forms of restructuring
Jinwu Financial News | South China City (01668) opened and fell rapidly. As of press release, it had fallen by more than 18% to HK$0.173, with a turnover of HK$500,000. According to the news, the company announced that in recent years, due to changes in external factors, the company's sales have fallen short of expectations, and cash flow can only guarantee daily operating needs. As a result, working capital is becoming increasingly tight, and it faces great pressure to repay debt and interest. Since 2022, various positive measures have been taken, and overseas dollar bonds have been successfully rolled over several times, but the company's operations and financial conditions have not improved in a timely manner. Therefore, it is not expected that the 2024/10 notes will be released in 2024/2
China South City Warns of Debt Default
China South City Holdings (HKG:1668) said its current financial situation could prevent it from making mandatory redemption payments on 9% bonds due in April and October, warning of a possible default
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