China Housing & Land. Nasdaq: CHLN / WKN:868985

Board of Directors of the Company has authorized the repurchase of up to $5 million of the shares of the Company's common stock, effective in the third quarter of 2011!

http://finance.yahoo.com/news/...ing-Land-prnews-p2627205461.html?x=0  

Press Release Source: China Housing & Land Development, Inc. On Thursday September 15, 2011, 8:30 am EDT
XI'AN, China, Sept. 15, 2011 /PRNewswire-Asia-FirstCall/ -- China Housing & Land Development, Inc., ("China Housing" or the "Company," NASDAQ: CHLN) today announced that the Board of Directors of the Company has authorized the repurchase of up to $5 million of the shares of the Company's common stock, effective in the third quarter of 2011. The Company originally announced its intent to repurchase shares of stock on its fourth quarter 2010 earnings conference call, but has not yet taken action on any stock repurchases to date. This announcement clarifies the timing and size of the share buyback announced on the Company's 2010 fourth quarter earnings conference call.

Mr. Pingji Lu, China Housing's Chairman of the Board commented, "The Board of Directors believes that the current share price does not reflect the company's true market value and has granted us approval to proceed with a share buyback program. We believe that the repurchase program is a good investment of available funds and underscores our commitment to enhancing shareholder value."

The shares will be purchased from time to time at prevailing market prices, through open market purchases. There is no guarantee as to the exact number of shares that will be repurchased by the Company and the Company may discontinue purchases at any time that the Board of Directors determines additional purchases are not warranted. The repurchase program is expected to continue over the next 12-24 months.

About China Housing & Land Development, Inc.

Based in Xi'an, the capital city of China's Shaanxi province, China Housing & Land Development, Inc., is a leading developer of residential and commercial properties in northwest China. China Housing has been engaged in land acquisition, development, and management, including the sales of residential and commercial real estate properties through its wholly-owned subsidiary in China, since 1992.

China Housing & Land Development is the first and only Chinese real estate development company traded on NASDAQ. The Company's news releases, project information, photographs, and more are available on the internet at www.chldinc.com.

Safe Harbor Statement

This news release may contain forward-looking information about China Housing & Land Development, Inc. which is covered under the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as believe, expect, may, will, should, project, plan, seek, intend, or anticipate or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and China Housing & Land Development's future performance, operations, and products.

Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Actual performance results may vary significantly from expectations and projections. Further information regarding this and other risk factors are contained in China Housing's public filings with the U.S. Securities and Exchange Commission. All information provided in this news release and in any attachments are as of the date of the release, and the companies do not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

China Housing contacts

Mr. Cangsang Huang
Chief Financial Officer
+86 29 8258 2648 in Xi'an
chuang@chldinc.com

Ms. Jing Lu
Chief Operating Officer, Board Secretary, and Investor Relations Officer
+86 29.8258.2639 in Xi'an
jinglu@chldinc.com  

 

 

 

 

 

muß mal in redaktion oder wesley fragen wie das bei den sich aktualisierenden chartlinks hier bei ariva funktioniert....mal sehen ob der link zu Q10 von mitte august funktioniert.  

so , genug für heute. mal sehen ob die shorts nochmal back into business kommen oder ob CHNL in bälde die nächsten widerstände dauerhaft durchbricht....ein auge drauf werfen, könnte interessante kursentwicklung geben, speziell mit dem nun anlaufenden $5mio rückkaufprogramm!  

<img src=http://www.stockcharts.com/h-sc/ui? s=CHLN&p=D&yr=0&mn=6&dy=0&id=p81733499941&a=243748433  

<img src=http://www.stockcharts.com/c-sc/...p81733499941&a=243748433[/img]  

<img src=http://www.[img]stockcharts.com/c-sc/...3499941&a=243748433[/img]  

 

madre mia, fc###***K
http://www.stockcharts.com/h-sc/...&dy=14&id=p56487255147>  

 

 

10 Disturbing Numbers From China (While All Eyes Remain On Europe)

After selling off significantly over the summer, the market has had one of its best months in decades during October. The commodity stocks that helped lead the selloff on concerns about Chinese demand growth have recovered but are still off substantially from their pre-selloff highs.

One of myriad reasons for the overall market rally has been the better than expected manufacturing and other economic reports coming from the Middle Kingdom. However, while all eyes are on Europe there are disturbing signs still coming out of China that point to a huge property/lending bubble that could be the next headwind to rock the equity markets worldwide.

10 disturbing numbers from China:

1. 6.1% - The reported inflation rate as of September.

2. 9-11% - The probable real rate of inflation in the country.

3. $14.5 Billion – China’s monthly trade surplus in September. This is down from $17.7B in August and $31.5B mainly due to Europe. Whether this is an inflection point like September 2008 or just a blip is yet to be determined.

4. 30% – The current amount of disposable income that is saved in China. This is up from 19% in the mid 90’s even though household income was up five-fold during that period. The high saving rate is the result of a poor social safety net, lack of investment opportunities outside property and low interest rates on bank deposits among other reasons. This does bode well for Chinese efforts to balance their economy by making its trajectory more led by consumer spending.

5. 50% - China’s investment to GDP ratio, the highest of any major economy. This can lead to poor capital allocation, excess capacity and increased economic volatility.

6. $4.2B – Forex reserve growth in the third quarter. This compares to a monthly average of $58B a month in the first half of the year. A precipitous drop similarity occurred in the second quarter of 2008, foreshadowing a huge drop in commodity prices and worldwide growth.

7. 1400% - The amount of median family income in Shanghai it takes to buy an apartment. This is up from 600% ten years ago. Other major cities show similar rises. This is a sign of a huge property bubble and reminiscent of the rise in the Western countries until 2005/2006.

8. 22% - The fall in the Chinese equity market since July.

9. $7.8T– The amount of lending that has occurred in the Chinese economy in the past 30 months as the government juiced liquidity to stave off any economic slowdown from the 2008 financial crisis.

10. 50% - The estimated percentage of this lending that was “off the balance sheet.”  

Date : 10/13/2011 @ 8:30AM
Source : PR Newswire

China Housing & Land Development Announces Change in Board of Directors
Chalone Wine (NASDAQ:CHLN)
Historical Stock Chart
1 Month : September 2011 to October 2011


China Housing & Land Development, Inc., ("China Housing" or the "Company," NASDAQ: CHLN) today announced that it has appointed Mr. Yusheng Lin as an Independent Director of the Company, effective October 13, 2011. Mr. Lin replaces Mr. Michael Marks, who, for personal reasons, has resigned his position as an Independent Director of the Company's Board of Directors (the "Board"), effective immediately.

Mr. Yusheng Lin is the Deputy General Manager of SZ Kingworld ("SZK") and Executive Director of Kingworld Medicines Group Ltd. (stock code: 01110HK) ("KMG"). He has been the deputy general manager of SZK since June 2006. He is primarily responsible for the capital management and the operations of KMG. He has approximately 10 years of experience in the pharmaceutical industry. From 1999 to 2004, he worked at Xi'an Lijun Pharmaceutical Company Limited ("XLPC"), which is principally engaged in the manufacture and sale of pharmaceutical products in the PRC. XLPC is a wholly owned subsidiary of Lijun International Pharmaceutical (Holding) Company Limited (stock code: 2005HK) ("XLPC Parent"), a company listed on the Hong Kong Stock Exchange which, together with its subsidiaries, is engaged in the research, development, manufacture and sale of finished medicines and bulk pharmaceutical products to hospitals and distributors. Mr. Lin held the position of vice president of XLPC Parent from 2004 to 2006. From 2005 to 2006, he also held the position of chairman of Lijun Fang Yuan Pharmaceutical Company. Mr. Lin obtained his Bachelor's Degree in Philosophy from Yanan University in 1989 and his MBA from Hong Kong Polytechnic University in 2006.

Mr. Pingji Lu, China Housing's Chairman of the Board commented, "We are delighted to welcome such a highly knowledgeable and experienced Independent Director as Mr. Lin. We believe he will be a strong addition to the Board with his strong background in business operations and capital management. We look forward to working with him in a role that serves in the best interests of our shareholders."

"We want to extend our appreciation to Mr. Marks for his valuable contributions to the Company over the years. He brought to the Board valuable input and insight in the areas of accounting and corporate governance. We wish him the best in his new endeavors," concluded Mr. Lu.

About China Housing & Land Development, Inc.

Based in Xi'an, the capital city of China's Shaanxi province, China Housing & Land Development, Inc., is a leading developer of residential and commercial properties in northwest China. China Housing has been engaged in land acquisition, development, and management, including the sales of residential and commercial real estate properties through its wholly-owned subsidiary in China, since 1992.

China Housing & Land Development is the first and only Chinese real estate development company traded on NASDAQ. The Company's news releases, project information, photographs, and more are available on the internet at www.chldinc.com.  

 

 

China's 3 Ministries To Make Joint Efforts To Boost Consumption


SHANGHAI (Dow Jones)--China's commerce ministry, finance ministry and central
bank will make joint efforts to boost consumption in a bid to letting
consumption play a larger part in the country's economic growth, the commerce
ministry said in a statement on its website Tuesday.

The commerce ministry said it will appoint one month as promotion month
starting in 2012, encouraging nationwide sales and promotions.

The statement said the finance ministry will guide funds to improve market
logistics and the central bank will encourage credit support for consumption.


-By Wynne Wang, Dow Jones Newswires; (86-21) 6120-1200;
wynne.wang@dowjones.com


(END) Dow Jones Newswires

10-25-11 1953ET

Copyright (c) 2011 Dow Jones & Company, Inc.  

- Current report filing (8-K)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report: October 13, 2011

CHINA HOUSING & LAND DEVELOPMENT, INC.
(Exact name of registrant as specified in its charter)

Nevada
000-51429
20-1334845
   
(State or Other Jurisdiction of
Incorporation)
(Commission File Number)
(IRS Employer Identification No.)

6 Youyi Dong Lu, Han Yuan 4 Lou
Xi'An, Shaanxi Province, China
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

710054
(Zip Code)

86-029-82582632
( Registrant’s telephone number, including area code)

N/A
(Former Name or Former Address if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 13, 2011, Mr. Michael Marks resigned from the Board of Directors (the “Board”) of China Housing & Land Development, Inc. (the “Company”), effective immediately .  In effect, Mr. Marks will also no longer serve as Chairman of the compensation committee or as a member of the audit committee of the Board. There are no disagreements between him and the Company on any matters .

On October 13, 2011, Mr. Yusheng Lin was appointed an independent director of the Company. He will serve as Chairman of the Nominating and Corporate Governance Committee of the Board, as a member of the Audit Committee of the Board and as a member of the Compensation Committee of the Board.   As a member of the Board, Mr. Liu will receive approximately $15,000 and 5,000 shares of the Company’s common stock in annual compensation.

Mr. Yusheng Lin is the Deputy General Manager of SZ Kingworld (“SZK”) and Executive Director of Kingworld Medicines Group Ltd. (stock code: 01110HK) (“KMG”). He has been the deputy general manager of SZK since June 2006. He is primarily responsible for the capital management and the operations of KMG. He has approximately 10 years of experience in the pharmaceutical industry. From 1999 to 2004, he worked at Xi’an Lijun Pharmaceutical Company Limited (“XLPC”), which is principally engaged in the manufacture and sale of pharmaceutical products in the PRC . XLPC is a wholly owned subsidiary of Lijun International Pharmaceutical (Holding) Company Limited (stock code: 2005) (“XLPC Parent”), a company listed on the Hong Kong Stock Exchange which, together with its subsidiaries, is engaged in the research, development, manufacture and sale of finished medicines and bulk pharmaceutical products to hospitals and distributors. Mr. Lin held the position of vice president of XLPC Parent from 2004 to 2006. From 2005 to 2006, he also held the position of chairman of XLPC . In 1989, he obtained a bachelor’s degree in philosophy from Yanan University. He received a master’s degree in business administration from Hong Kong Polytechnic University in 2006.

Item 8.01 Other Events.

On October 13, 2011, the Company issued a press release announcing the events discussed in Item 5.02 above. A copy of the press is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1
 
Press Release dated October 13, 2011.





SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


CHINA HOUSING & LAND DEVELOPMENT, INC.

   
Dated: October 13, 2011
   
     

By:  
/s/ Xiaohong Feng


Name: Xiaohong Feng
Title:   Chief Executive Officer  

 

 

 

hat nix zwingend mit CHLN zu tun, aber trotzdem interessant!


http://www.fundmymutualfund.com/2011/10/...Fund+(Fund+my+Mutual+Fund)