[ET Net News Agency, 6 January 2020] China New Town Development Company Limited (01278)
said as at 31 December 2019, the group has a portfolio (no provision for impairment is
considered) of RMB3.2 billion fixed income investments in aggregate, securing a total
contractually guaranteed annual return before tax on investment of approximately RMB330
million. This represents an average annualized pre-tax return on investment of about
10.3%. (RC)