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Sunday, April 26 2015 5:53am ET - U.S. Markets Closed.
Industry Center - Real Estate Development
Industry Center > Real Estate Development
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Industry Market Summary
Real Estate Development
Composite Value: 1137.6
Today's Change: +0.03%
S&P 500: +0.23%
chart for
[Real Estate Development (^YHOh782)]
Real Estate Development News
China Housing & Land Development, Inc. Announces 1-for-5 Reverse Stock Split Effective April 24, 2015
Fri 7:00 am ET (PR Newswire)
XI'AN, China, April 24, 2015 /PRNewswire/ -- China Housing & Land Development, Inc. ("China Housing" or the "Company") (Nasdaq: CHLN) today announced that it has filed a Certificate of Change pursuant to Nevada Revised Statutes ("NRS") Section 78.209 with the Secretary of State of Nevada to effect a reverse stock split of the Company's common stock, par value $0.001 per share (the "Common Stock"), and the proportional decrease of the Company's authorized shares of Common Stock at a ratio of one-for-five (1-for-5) (the "Reverse Split"). The Reverse Split was authorized by the Board of Directors of the Company pursuant to Section 78.207 of the NRS on April 3, 2015 and, pursuant to the Certificate of Change, became effective as of April 24, 2015. The Company's Common Stock will continue to trade under the symbol "CHLN" but under a new CUSIP number: 16939V202. Following the Reverse Split, each stockholder's percentage ownership in the Company and the proportional voting power remains unchanged, with the exception of minor changes and adjustments resulting from rounding up of fractional interests. No fractional shares of the Company's Common Stock were issued in connection with the Reverse Split, and any stockholders entitled to receive a fractional post-split share received one (1) whole post-split share.
Summit Hotel Properties Announces First Quarter 2015 Earnings Release Date - (Business Wire)
Chinese Could Spend $50 Billion on New York City Real Estate Over Next Several Years - (at
More News on Real Estate Development: Latest News,
Industry Top Performers
Intraday Price Performance% ChangeMarket Cap
More Top Intraday Price Performers...
Market Capitalization% ChangeMarket Cap
SHK PPT [0016.HK] +1.13% $350.9 B
CKH HOLDINGS [0001.HK] +1.76% $347.6 B
DLF LIMITED INR2 [DLF.NS] -3.78% $242.6 B
HENDERSON LAND [0012.HK] +0.17% $158.7 B
CHINA RES LAND [1109.HK] -0.39% $148.3 B
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Industry Calendar
Upcoming Events
Date Co Event
04/25/15 600208.SS Xinhu Zhongbao Co Ltd Q4 2014 Earnings Release
04/27/15 PSK.TO PrairieSky Royalty Ltd Q1 2015 Earnings Release
04/28/15 600383.SS Gemdale Corp Q1 2015 Earnings Release
More Upcoming Events...
Recent Events
Date Co Event
03/12/15 LGIH LGI Homes, Inc. downside earnings surprise (-8.11%)
03/05/15 FOR Forestar Group Inc Common Stock upside earnings surprise (+1166.67%)
03/02/15 HHC Howard Hughes Corporation (The) upside earnings surprise (+326.32%)
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Industry Statistics
Market Capitalization:3,339B
Price / Earnings:18.4
Price / Book:1.6
Net Profit Margin (mrq):19.7%
Price To Free Cash Flow (mrq):-14.0
Return on Equity:16.0%
Total Debt / Equity:68.2
Dividend Yield:1.6%
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