Hang Seng Indexes Announces Index Review Results
Total Page：16
File Type：pdf, Size：1020Kb
Load more
Recommended publications
-
Interim Report 2018
Stock Code: 6098 碧桂園服務控股有限公司 碧桂園服務控股有限公司 Country Garden Services Holdings Company Limited Country Garden Services Holdings Company Limited Services Company Holdings Garden Country (Incorporated in the Cayman Islands with limited liability) 2018 INTERIM REPORT 2018 INTERIM REPORT Contents 2 Corporate Information 3 Awards and Honours 4 Chairman’s Statement 6 Management Discussion and Analysis 20 Corporate Governance and Other Information 22 Interests Disclosure 25 Interim Condensed Consolidated Statement of Comprehensive Income 26 Interim Condensed Consolidated Balance Sheet 28 Interim Condensed Consolidated Statement of Changes in Equity 29 Interim Condensed Consolidated Statement of Cash Flows 30 Notes to the Interim Financial Information CORPORATE INFORMATION BOARD OF DIRECTORS CAYMAN ISLANDS PRINCIPAL SHARE REGISTRAR Executive Directors AND TRANSFER OFFICE Mr. Li Changjiang Conyers Trust Company (Cayman) Limited Mr. Xiao Hua Cricket Square, Hutchins Drive Mr. Guo Zhanjun P.O. Box 2681 Grand Cayman Non-executive Directors KY1-1111 Ms. Yang Huiyan (Chairman) Cayman Islands Mr. Yang Zhicheng HONG KONG BRANCH SHARE REGISTRAR Ms. Wu Bijun Tricor Investor Services Limited Level 22, Hopewell Centre Independent Non-executive Directors 183 Queen’s Road East, Hong Kong Mr. Mei Wenjue Mr. Rui Meng AUDITORS Mr. Chen Weiru PricewaterhouseCoopers Certifi ed Public Accountants AUDIT COMMITTEE 22nd Floor, Prince’s Building, Central, Hong Kong Mr. Rui Meng (Chairman) Mr. Mei Wenjue COMPLIANCE ADVISOR Mr. Chen Weiru Somerley Capital Limited 20/F, China Building, 29 Queen’s Road Central, REMUNERATION COMMITTEE Central, Hong Kong Mr. Chen Weiru (Chairman) Ms. Yang Huiyan LEGAL ADVISERS Mr. Mei Wenjue As to Hong Kong laws: Woo Kwan Lee & Lo NOMINATION COMMITTEE 26/F, Jardine House. -
List of Contents the Year 2002 in Review Major Events of Hong Kong
List of Contents The year 2002 in review Major events of Hong Kong securities market 2002 Market highlights Cash market - Main board Cash market - Growth enterprise market (GEM) Derivatives market Clearing statistics Exchange participants The investing community Hong Kong stock market historical events Appendices The Year 2002 in Review The Year The Year 2002 in Review The Hong Kong economy remained weak in 2002 but trade figures began to turn around in the second half of the year. Benefiting from the weakening US dollar and strong demand in the Mainland of China, Hong Kong’s total exports regained double-digit growth over a year earlier in the third quarter of 2002. The seasonally adjusted unemployment rate also fell from its historical peak of 7.8% in July 2002 to 7.2% in December 2002. However, the domestic sector remained sluggish in both investment and consumer spending. The latest economic forecast suggests a 2% growth in real terms of GDP and a 3% decline in the Composite Consumer Price Index for 2002. The trading performance of the Hong Kong securities and futures markets further weakened during the year. Hang Seng Index fell 18.2% from the previous year to end at 9,321.29. The average daily turnover of the Main Board also declined to HK$6,474 million, 19.3% less than that in 2001. The GEM Index ended at 110.4 at end of December 2002, representing a decrease of 44.6% from the previous year. The average daily turnover of the GEM improved slightly to HK$178 million in 2002, an increase of 9.9% from 2001. -
Three Red Lines” Policy
Real Estate Developers with High Leverage to See Inventory Quality Tested Under Broader “Three Red Lines” Policy October 28, 2020 In our view, the widening of regulations aimed at controlling real estate developers’ interest- ANALYSTS bearing debt would further reduce the industry’s overall credit risk in the long term. However, the nearer term may see less headroom for highly leveraged developers to finance in the capital Xiaoliang Liu, CFA market, pushing them to sell off inventory to ease liquidity pressure. Beijing +86-10-6516-6040 The People’s Bank of China said in September that measures aimed at monitoring the funding [email protected] and financial management of key real estate developers will steadily be expanded. Media reports suggest that the new regulations would see a cap of 15% on annual growth of interest-bearing Jin Wang debt for all property developers. Developers will be assessed against three indicators, which are Beijing called “red lines”: whether asset liability ratios (excluding advance) exceeded 70%; whether net +86-10-6516-6034 gearing ratio exceeded 100%; whether cash to short-term debt ratios went below 1.0. Developers [email protected] which breached all three red lines won’t be allowed to increase their debt. If only one or two of the red lines are breached, such developers would have their interest-bearing debt growth capped at 5% and 10% respectively. The first half of the year saw debt grow rapidly among developers. In a sample of 87 real estate developers that we are monitoring, more than 40% saw their interest-bearing debt grow at a faster rate than 15% year over year as of the end of June (see the chart below). -
2016/2017 Annual Results Presentation 7 June 2017
2016/2017 Annual Results Presentation 7 June 2017 Consistently Strong Financial Performance Revenue Net Property Income (HK$’M) (HK$’M) 6,994 9,255 +5.9% +7.4% 6,513 8,740 2015/16 2016/17 2015/16 2016/17 Valuation Distribution per unit (HK$’M) (HK cents) 174,006 160,672 228.41 +8.3% 206.18 +10.8% 2015/16 2016/17 2015/16 2016/17 P.2 A Platform for Tenants to Flourish High productivity (1) Community engagement Hong Kong Mainland China HK$38.1M 96% 100% Donated since 2013 Occupancy Occupancy 28.2% Reduction in energy Hong Kong Hong Kong consumption since +4.0% 12.1% 2010 ~18,000 Tenant sales Rent to sales Tenant Academy growth ratio participants since 2008 Improving portfolio quality Global recognitions 53 enhancement 8 acquisitions (2) projects & completed 28 disposals to date to date Notes: (1) For the year ended 31 March 2017. (2) Including the acquisition of Metropolitan Plaza which was completed in May 2017. P.3 Link’s Value Creation Model Our communities Our investors Our business partners Our employees Our tenants Be a world class real estate investor and manager, serving and improving the lives of those around us 1. Building a productive and quality portfolio 2. Maintaining a prudent and flexible capital structure 3. Developing a strong management team 4. Helping our tenants and communities grow while delighting shoppers P.4 Financial Review Robust Revenue Growth Year ended Year ended 31 Mar 2017 31 Mar 2016 HK$’M HK$’M Change Revenue 9,255 (1) 8,740 +5.9% Property operating expenses (2,261) (2,227) +1.5% Net property income 6,994 (2) 6,513 +7.4% Total distributable income 4,992 4,567 +9.3% Discretionary distribution 83 (3) 67 +23.9% Total distributable amount 5,075 4,634 +9.5% Distribution Per Unit (HK cents) 228.41 206.18 +10.8% Total distributable amount as a percentage of total 102% (3) 101% +1ppt distributable income (%) Notes: (1) Includes revenue of HK$574M (2016: HK$421M) from Mainland China portfolio. -
Annual Report 2009 Corporate Profi Le
This report does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualifi cation under the securities laws of any such jurisdiction. No securities may be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the company making the offer and its management and fi nancial statements. No public offer of securities is to be made by the Company in the United States. 本報告僅供參考，並不構成在美國或任何其他司法權區提呈出售建議或招攬購買任何證券的建議，倘根據任何該等司法權區的 證券法未進行登記或獲批准而於上述地區進行該建議，招攬或發售即屬違法。未辦理登記手續或未獲適用登記規定豁免前，不得 在美國提呈或發售任何證券。凡在美國公開發售任何證券。均須以刊發招股章程的方式進行。該招股章程須載有提出有關發售的 公司、其管理層及財務報表的詳盡資料。本公司不會在美國公開發售任何證券。 Contents 2 Corporate Profi le 3 Chairman’s Statement 6 Business Overview 15 Management Discussion and Analysis 19 Biographical Details of Directors and Senior Management 23 Corporate Governance Report 28 Report of the Directors 41 Independent Auditor’s Report 43 Consolidated Balance Sheet 45 Balance Sheet 47 Consolidated Statement of Comprehensive Income 48 Consolidated Statement of Changes in Equity 49 Consolidated Cash Flow Statement 50 Notes to the Consolidated Financial Statements 142 Financial Summary 143 Corporate Information Country Garden Holdings Company Limited • Annual Report 2009 Corporate Profi le Country Garden Holdings Company Limited (“Country Garden” or the “Company”) together with its subsidiaries, (collectively, the “Group”) (stock code: 2007.HK) is one of China’s leading integrated property developers. The Group runs a centralized and standardized business model that comprises construction, decoration, project development, property management, as well as hotel development and management. -
Global Offering
(Incorporated in the Cayman Islands with limited liability) Stock Code: Global Offering Joint Sponsors, Joint Global Coordinators, Joint Bookrunners and Joint Leadad ManagersManagers (in alphabetical order) Other Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager Other Joint Bookrunners and Joint Lead Managers (in alphabetical order) Project A_PPTUS cover(Eng) Cover size: 210 x 280mm / Open size: 445.3 x 280mm / Spine width: 25.3mm IMPORTANT If you are in any doubt about any of the contents of this prospectus, you should obtain independent professional advice. (Incorporated in the Cayman Islands with limited liability) GLOBAL OFFERING Number of Offer Shares under : 550,000,000 Shares (subject to the Over- the Global Offering allotment Option) Number of Hong Kong Offer Shares : 27,500,000 Shares (subject to reallocation) Number of International Offer Shares : 522,500,000 Shares (including 55,000,000 Reserved Shares under the Preferential Offering) (subject to reallocation and the Over-allotment Option) Maximum Offer Price : HK$22.30 per Share plus brokerage of 1.0%, SFC transaction levy of 0.0027% and the Hong Kong Stock Exchange trading fee of 0.005% (payable in full on application, subject to refund) Nominal value : US$0.00001 per Share Stock code : 1209 Joint Sponsors, Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers (in alphabetical order) Other Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager Other Joint Bookrunners and Joint Lead Managers (in alphabetical order) Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this prospectus, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this prospectus. -
Geely Auto Alert
Deutsche Bank Markets Research Rating Company Date 4 March 2015 Hold Geely Auto Alert Breaking News Asia China Reuters Bloomberg Exchange Ticker Price at 4 Mar 2015 (HKD) 3.31 Automobiles & 0175.HK 175 HK HKG 0175 Price target - 12mth (HKD) 2.95 Components ADR Ticker ISIN 52-week range (HKD) 3.61 - 2.44 GELYY US36847Q1031 HANG SENG INDEX 24,703 Disposal of manual transmission Vincent Ha, CFA Research Analyst business (+852) 2203 6247 To stay focused on core auto manufacturing operation [email protected] Geely announced after today’s market close that the company will sell its manual transmission manufacturing operation to Zhejiang Wanliyang Stock data Transmission (002434.SZ, RMB19.36, Not Rated), an auto part supplier for RMB300m, 1.13x December 2014 NAV. After the completion of the sale, Geely Market cap (HKDm) 29,133 expects to probably realize RMB35m disposal gain, and will procure manual Market cap (USDm) 3,757 transmissions from Wanliyang at least until December 2018. Shares outstanding (m) 8,801.4 Major shareholders Zhejiang Geely According to Geely, the manual transmission business disposal is in line with Hldg (45%) the company’s strategy of streamlining its business to be focused on Free float (%) 57 automobile manufacturing. To recap, Geely also sold its automatic Avg daily value traded 18.8 transmission business back to its parent Zhejiang Geely in FY14 for similar (USDm) reason. Source: Deutsche Bank We do not see a material long-term impact on Geely’s operations or financials Key data from the subject business sale other than for less inter-segmental revenue. -
Retirement Strategy Fund 2060 Description Plan 3S DCP & JRA
Retirement Strategy Fund 2060 June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA ACTIVIA PROPERTIES INC REIT 0.0137% 0.0137% AEON REIT INVESTMENT CORP REIT 0.0195% 0.0195% ALEXANDER + BALDWIN INC REIT 0.0118% 0.0118% ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 0.0585% 0.0585% ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 0.0329% 0.0329% ALLIED PROPERTIES REAL ESTAT REIT 0.0219% 0.0219% AMERICAN CAMPUS COMMUNITIES REIT USD.01 0.0277% 0.0277% AMERICAN HOMES 4 RENT A REIT USD.01 0.0396% 0.0396% AMERICOLD REALTY TRUST REIT USD.01 0.0427% 0.0427% ARMADA HOFFLER PROPERTIES IN REIT USD.01 0.0124% 0.0124% AROUNDTOWN SA COMMON STOCK EUR.01 0.0248% 0.0248% ASSURA PLC REIT GBP.1 0.0319% 0.0319% AUSTRALIAN DOLLAR 0.0061% 0.0061% AZRIELI GROUP LTD COMMON STOCK ILS.1 0.0101% 0.0101% BLUEROCK RESIDENTIAL GROWTH REIT USD.01 0.0102% 0.0102% BOSTON PROPERTIES INC REIT USD.01 0.0580% 0.0580% BRAZILIAN REAL 0.0000% 0.0000% BRIXMOR PROPERTY GROUP INC REIT USD.01 0.0418% 0.0418% CA IMMOBILIEN ANLAGEN AG COMMON STOCK 0.0191% 0.0191% CAMDEN PROPERTY TRUST REIT USD.01 0.0394% 0.0394% CANADIAN DOLLAR 0.0005% 0.0005% CAPITALAND COMMERCIAL TRUST REIT 0.0228% 0.0228% CIFI HOLDINGS GROUP CO LTD COMMON STOCK HKD.1 0.0105% 0.0105% CITY DEVELOPMENTS LTD COMMON STOCK 0.0129% 0.0129% CK ASSET HOLDINGS LTD COMMON STOCK HKD1.0 0.0378% 0.0378% COMFORIA RESIDENTIAL REIT IN REIT 0.0328% 0.0328% COUSINS PROPERTIES INC REIT USD1.0 0.0403% 0.0403% CUBESMART REIT USD.01 0.0359% 0.0359% DAIWA OFFICE INVESTMENT -
From Cleaner Production to Carbon Management
From Cleaner Production to Carbon Management: Lessons from the implementation of cleaner production in China and its implications on the promotion of carbon management Conference Paper Joint Actions on Climate Change 8 – 10 June – City of Aalborg – North Denmark Stephen Tsang Kadoorie Institute, the University of Hong Kong Abstract Cleaner Production (CP) is defined by the United Nations Environment Programme (UNEP) as “the continuous application of an integrated preventive environmental strategy to processes and products to reduce risks to humans and the environment”. Since 1994, UNEP in cooperation with United Nations Industry Development Organization (UNIDO), started to promote the application of CP by enterprises in developing and transition countries by setting up National Cleaner Production Centers (NCPCs) and National Cleaner Production Programmes (NCPPs). The China National Cleaner Production Centre (CNCPC) under the State Environmental Protection Administration (SEPA) was established in December 1994 with an aim to promote China’s CP research and consultation. In 1995, CNCPC launched the “Ten, One Hundred, One Thousand, Ten Thousand” programme which aimed to promote CP in 10 heavily polluting industrial sectors in 100 cities throughout China. The target is to have CP in place in 1000 enterprises and train 10000 people in CP concepts and methods. Since then, the Chinese government has seriously considered a cleaner production law, which signified its intention to shift away from traditional reliance on end‐of‐pipe solution as -
Chinese Corporate Acquisitions in Sweden: a Survey Jerker Hellström, Oscar Almén, Johan Englund
Chinese corporate acquisitions in Sweden: A survey Jerker Hellström, Oscar Almén, Johan Englund Main conclusions • This survey has resulted in the first comprehensive and openly accessible compilation of Chinese corporate acquisitions in Sweden. • The audit has identified 51 companies in Sweden in which Chinese (including Hong Kong) companies have acquired a majority ownership. In addition, the survey has identified another 14 minority acquisitions. • Zhejiang Geely’s acquisition of a minority stake in Swedish truck-maker AB Volvo was among the largest Chinese acquisitions completed in Europe and North America in 2018. • Through these acquisitions, Chinese investors have taken control of at least some one hundred subsidiaries. • Most of the identified acquisitions were made since 2014. The highest annual amount of acquisitions was recorded in 2017. • The majority of the acquired companies belong to the following five sectors: industrial products and machinery, health and biotechnology, information and communications technology (ICT), electronics, and the automotive industry. • For nearly half of the acquired companies, there is a correlation between their operations and the technology sectors highlighted in the “Made in China 2025” plan for China's national industrial development. The sectors included in the plan are of particular importance to the Chinese state. • This survey includes several companies that have not been identified as Chinese acquisitions in previous compilations of Chinese investments. • More than 1,000 companies have reported to Sweden’s Companies Registration Office that their beneficial owner is a citizen of either China or Hong Kong. For the majority of these companies, however, the Chinese ownership is not a result of an acquisition. -
China Evergrande Group 中國恒大集團
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult your licensed securities dealer, bank manager, solicitor, professional accountant or other professional adviser. If you have sold or transferred all your securities in China Evergrande Group (中國恒大集團), you should at once hand this circular and the accompanying form of proxy to the purchaser or transferee or to the bank, licensed securities dealer, or other agent through whom the sale or transfer was effected for onward transmission to the purchaser or the transferee. Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this circular. CHINA EVERGRANDE GROUP 中 國 恒 大 集 團 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 3333) MAJOR TRANSACTION ACQUISITION OF SHARES IN CHINA VANKE CO. LTD. A letter from the Board is set out on pages 3 to 7 of this circular. 13 January 2017 CONTENTS Page Definitions .......................................................................... 1 Letter from the Board ............................................................... 3 Appendix I — Financial information of the Group ................................ I-1 Appendix II — Financial -
FIDELITY SALEM STREET TRUST Form NPORT-P Filed 2021-03-17
SECURITIES AND EXCHANGE COMMISSION FORM NPORT-P Filing Date: 2021-03-17 | Period of Report: 2021-01-31 SEC Accession No. 0001752724-21-055741 (HTML Version on secdatabase.com) FILER FIDELITY SALEM STREET TRUST Mailing Address Business Address 245 SUMMER STREET 245 SUMMER STREET CIK:35315| IRS No.: 000000000 | State of Incorp.:MA | Fiscal Year End: 0430 BOSTON MA 02210 BOSTON MA 02210 Type: NPORT-P | Act: 40 | File No.: 811-02105 | Film No.: 21749300 617-563-7000 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Quarterly Holdings Report for Fidelity® SAI Emerging Markets Low Volatility Index Fund January 31, 2021 Offered exclusively to certain clients of the Adviser or its affiliates - not available for sale to the general public. Fidelity SAI is a product name of Fidelity® funds dedicated to certain programs affiliated with Strategic Advisers LLC. MLV-QTLY-0321 1.9892172.102 Schedule of Investments January 31, 2021 (Unaudited) Showing Percentage of Net Assets Common Stocks - 99.3% Shares Value Bailiwick of Jersey - 0.6% WNS Holdings Ltd. sponsored ADR (a) 133,901 $8,995,469 Bermuda - 1.3% China Resource Gas Group Ltd. 2,526,000 12,640,996 Shenzhen International Holdings Ltd. 3,307,714 5,452,241 TOTAL BERMUDA 18,093,237 Brazil - 0.2% Atacadao SA 902,600 3,140,970 Cayman Islands - 17.1% Anta Sports Products Ltd. 1,584,000 26,211,872 Bosideng International Holdings Ltd. 9,214,000 4,088,113 China Biologic Products Holdings, Inc. (a) 33,383 3,934,187 Hansoh Pharmaceutical Group Co.