China Resources Land Ltd (1109)

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China Resources Land Ltd (1109) Profile

China Resources Land Ltd (1109.xhkg) is a Chinese property developer and contractor headquartered in Shenzhen, the People’s Republic of China. CRL is a flagship subsidiary of China Resources Holdings Company Limited (1193.xhkg) and engages in the development, management and maintenance of residential, marketing and industrial real estate in 82 cities in Mainland China. China Resources Land has over 38.000 employees and 10 million memberships and a total construction floor area of 352,549 square metres. The company’s land reserves accounted for 68 million square meters as of 2020. China Resources Land Ltd (1109.xhkg) is traded on the Hong Kong Stock Exchange (SEHK), has a $205.37 (HKD) market cap and $205.37 (HKD) in 2020 yearly revenues. CRL’s revenue had 32% year-over-year growth. As of September 2021, China Resources Land Ltd had a 71 million square metres gross floor area and over 325 underway projects.

China Resources Land Ltd (1109.xhkg): Trade a Contract for Difference (CFD) on 1109.xhkg and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
04:00 - 07:00
08:00 - 11:00
Mon
04:00 - 07:00
08:00 - 11:00
Tue
04:00 - 07:00
08:00 - 11:00
Wed
04:00 - 07:00
08:00 - 11:00
Thu
04:00 - 07:00
08:00 - 11:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 6199

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