Zheshang Securities to Up Stake in Securities Brokerage
Chinese broker Zheshang Securities (SHA:601878) will buy an additional 448,516,574 shares in Guodu Securities from Guohua Energy Investment for 1.01 billion yuan, a Monday filing by parent Zhejiang Ex
Zhejiang Shanghai-Hangzhou: Zheshang Securities transferred 7.6933% of Guodu Securities's shares held by Guohua Energy for about 1,094 million yuan
Zhejiang Shanghai-Hangzhou (00576) announced that recently, Zheshang Securities (601878.SH) received a notice from the Shanghai Joint Stock Exchange that Zheshang Securities became the transferee of about 448.5 million shares of Guodu Securities (corresponding 7.6933% of Guodu Securities) held by Guohua Energy, with a transaction price of about 1,094 million yuan. On May 27, 2024, Zheshang Securities and Guohua Energy signed the “Shanghai Property Exchange Contract”. This transaction is in line with Zheshang Securities's strategic plan, which helps Zheshang Securities to optimize resource allocation, strengthen resource integration, and utilization
Zheshang Securities (601878.SH): Bid for 7.6933% of Guodu Securities
Gelonghui, May 27丨Zhejiang Securities (601878.SH) announced that recently, the company received a notice from the Shanghai Joint Property Exchange that the company became the transferee of Guodu Securities's 448,516,574 shares (corresponding 7.6933% of Guodu Securities) public listing project held by Guohua Energy, with a transaction price of 1,009.4413 million yuan. On May 27, 2024, the company and Guohua Energy signed the “Shanghai Property Exchange Contract”.
Zheshang Securities (601878.SH): The subsidiary plans to participate in the establishment of Zhejiang Zheshang Jingtexin (Jinhua) Equity Investment Fund for 800 million yuan
Zhitong Finance App News, Zheshang Securities (601878.SH) announced that in order to strongly support the construction of the “415X” advanced manufacturing cluster in Zhejiang Province and better play the important role of investment in serving the real economy, the company's two investment subsidiaries, Zheshang Capital and Zheshang Investment, intend to participate in the establishment of the Zhejiang Zheshang Specialized and New Technology (Jinhua) Equity Investment Fund (“Jinhua Fund”). The size of the Jinhua Fund is 2 billion yuan. Zheshang Capital and Zheshang Investment plan to jointly invest 800 million yuan to participate in the establishment. Of this, Zheshang Investment will invest 780 million yuan, and Zheshang Capital will act as the executive partner.
The central price of RMB was 7.1028, down 12 points
On May 9, the central price of RMB was 7.1028, down 12 points. The median price for the previous trading day was 7.1016. Federal Reserve Collins: Reaching 2% inflation may take longer than expected Federal Reserve Collins said that reaching 2% inflation may take longer than expected; the policy is moderately restrictive and appropriate for risk; interest rates should remain unchanged until confidence increases; they may not have seen the full impact of restrictive policies; high uncertainty reinforces the need for the Federal Reserve to be patient; it is necessary to slow the growth rate of the US economy, so that inflation is moving forward
Zhejiang Shanghai-Hangzhou: Zheshang Securities plans to participate in the auction of Guodu Securities shares held by Guohua Energy
Zhejiang Shanghaihang (00576) announced that on May 7, 2024, Zheshang Securities (601878.SH) agreed to participate in the auction of approximately 448.5 million shares of Guodu Securities Co., Ltd. held by Guohua Energy Investment Co., Ltd. (corresponding 7.6933% of Guodu Securities), and authorized the chairman of the company to decide and handle matters related to this auction within the scope authorized by the board of directors, including but not limited to formulating an auction strategy, deciding on a bid quotation, and handling related procedures.
Zhejiang Shanghaihang (00576): Zheshang Securities (601878.SH) plans to participate in the auction of Guodu Securities shares held by Guohua Energy
Zhejiang Shanghai—HangZhou (00576) announced that on May 7, 2024, Zheshang Securities (601...
Zheshang Securities (601878.SH): Intended to participate in the 7.6933% share auction of Guodu Securities
Gelonghui, May 8, 丨 Zhejiang Securities (601878.SH) announced that the board of directors agreed to participate in the auction of 448,516,574 shares of Guodu Securities Co., Ltd. (“Guodu Securities”) held by Guohua Energy Investment Co., Ltd. (corresponding to 7.6933% of Guodu Securities), and authorized the chairman of the company to decide and handle matters related to this auction within the scope authorized by the board of directors, including but not limited to formulating bidding strategies, deciding on bidding quotations, and processing related procedures.
China Zheshang Bank (HKG:2016) Shareholders Have Endured a 33% Loss From Investing in the Stock Five Years Ago
Ideally, your overall portfolio should beat the market average. But every investor is virtually certain to have both over-performing and under-performing stocks. So we wouldn't blame long term China
Zheshang Development Issues 500 Milion Yuan Ultra-Short-Term Bonds
Zheshang Development Group (SHE:000906) issued ultra-short-term bonds amounting to 500 million yuan, the company said in a Friday filing on the Shenzhen Stock Exchange. The bonds have an interest rate
Zheshang Securities' 2023 Profit Jumps 6% as Operating Income Rises 5%
Zheshang Securities' (SHA:601878) attributable profit rose 6.01% to 1.75 billion yuan in 2023 from 1.65 billion yuan in 2022, according to a Thursday filing with the Shanghai bourse. Earnings per shar
Zhejiang Shanghai-Hangzhou: Zheshang Securities plans to renew CFOX as 2024 financial reporting and internal control auditing agency
Zhejiang Shanghai and Hangzhou (00576) announced that Zheshang Securities held the 17th meeting of the 4th board of directors and the 10th meeting of the 4th board of supervisors on April 9, 2024 to review and pass the “Proposal on Renewal of Zhonghui Certified Public Accountants as the Company's 2024 Audit Institution”. Zheshang Securities plans to hire Zhonghui Certified Public Accountants (Special General Partnership) (ZHEX) as the 2024 financial reporting and internal control auditing agency for Zheshang Securities.
Zhejiang Shanghaihang (00576): Zheshang Securities (601878.SH) plans to distribute a cash dividend of 0.14 yuan per share
According to the Zhitong Finance App, Zhejiang Shanghai and Hangzhou (00576) announced that Zheshang Securities (601878.SH) plans to distribute a cash dividend of 0.14 yuan (tax included) per share to all shareholders.
Zhejiang Shanghai-Hangzhou (00576): A total of 3,000 yuan of “Zhejiang 22 Convertible Bonds” was converted into A-shares common stock of Zheshang Securities in the first quarter
Zhejiang Shangshang Securities (601878.SH), a subsidiary of Zhejiang Shanghaihang (00576), issued an announcement, “Zhejiang 22 Convertible Bonds”...
China Zheshang Bank Logs Nearly 11% Boost in 2023 Profit
China Zheshang Bank (SHA:601916, HKG:2016) recorded a 10.5% rise in attributable profit for the year ended Dec. 31, 2023, to 15.05 billion yuan from 13.62 billion yuan in 2022, a filing posted on the
Zheshang Securities (601878.SH): Net profit to mother of 1,754 billion yuan in 2023 increased 6.01% year-on-year
Zheshang Securities (601878.SH) disclosed its 2023 annual results report. The company achieved total operating revenue during the reporting period...
Zheshang Securities Co., Ltd.'s (SHSE:601878) Largest Shareholders Are Private Companies With 58% Ownership, Individual Investors Own 33%
Key Insights Significant control over Zheshang Securities by private companies implies that the general public has more power to influence management and governance-related decisions The largest sha
Zheshang Securities (601878.SH): This resolution to issue shares to specific targets automatically expires when the validity period expires
Gelonghui, March 18, 丨 Zhejiang Securities (601878.SH) announced that the company held its first extraordinary shareholders' meeting in 2023 on March 17, 2023 to review and pass relevant proposals such as the “Proposal on the Company's Plan to Issue Shares to Specific Targets (Revised Draft)”. The resolution to issue shares to specific targets is valid for 12 months from the date of review and approval by the shareholders' meeting. As of the disclosure date of this announcement, the resolution to issue shares to specific targets automatically expired at the end of its validity period, and this matter will not have a significant impact on the company's normal business activities.
Individual Investors Own 29% of China Zheshang Bank Co., Ltd (HKG:2016) Shares but Private Companies Control 41% of the Company
Key Insights The considerable ownership by private companies in China Zheshang Bank indicates that they collectively have a greater say in management and business strategy A total of 11 investors ha
Despite Delivering Investors Losses of 21% Over the Past 3 Years, Zheshang Securities (SHSE:601878) Has Been Growing Its Earnings
No-one enjoys it when they lose money on a stock. But it can difficult to make money in a declining market. While the Zheshang Securities Co., Ltd. (SHSE:601878) share price is down 24% in the last
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