Additional Information
Market: OTCBB
Sector: Real Estate
EPIC: CAHS
1 year chart
1 day chart
China HGS Real Estate
www.proactiveinvestors.com

China HGS Real Estate Inc. specializes in real estate development in China's second-tier and third-tier cities. The Company's real estate properties include multi-layer, sub-high-rise, and high-rise apartment buildings.

China HGS Real Estate To List On The NASDAQ

9th Sep 2010, 5:07 pm
China HGS Real Estate To List On The NASDAQ

China HGS Real Estate (OTC: CAHS), a residential property developer in Hanzhong, China, has today said that it has received approval to list its common stock on the NASDAQ exchange.

China HGS will begin trading on the NASDAQ under the symbol "HGSH" on Monday, September 13, 2010.  In the mean time, its shares will continue to trade on the Over-The-Counter Bulletin Board under the symbol "CAHS".

Since the news release, the company’s stock has not budged and was trading at $4.08 on the OTCBB as of 11:39 am ET on Thursday.

China HGS Real Estate, through its through its wholly-owned subsidiary, Shaanxi Guangsha Investment and Development Group,  is engaged in the construction and sale of residential apartments, car parks, as well as commercial properties in China.

It also provides property management services to its properties’ residents. The company acquires development sites primarily through public land auctions by the Chinese government.  For fiscal 2009, the company earned profits of $11.6 million on revenues of $28 million.

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.