China Housing & Land Development to Ring the NASDAQ Closing Bell on Friday July 11th.XI'AN, China -- China Housing & Land Development, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CHLN), a leading developer of residential and commercial properties in northwest China, today announced that Mr. Pingji Lu, Chairman and Chief Executive Officer; Mr. William Xin, Chief Financial Officer and Ms. Jing jing (jing) [Chinese] one of the basic substances that according to traditional Chinese medicine pervade the body, usually translated as "essence"; the body reserves or constitutional makeup, replenished by food and rest, that supports Lu, Vice President and Board Secretary will preside pre·side intr.v. pre·sid·ed, pre·sid·ing, pre·sides 1. To hold the position of authority; act as chairperson or president. 2. To possess or exercise authority or control. 3. over the NASDAQ closing bell ceremony on Friday, July 11th, 2008, to mark China Housing & Land Development's most recent listing transfer to NASDAQ Capital Market Originally called the NASDAQ Small Cap Market, NASDAQ announced a name change to the NASDAQ Capital Market on September 27, 2005. [1] The NASDAQ Capital Market exists for securities of smaller, less-capitalized companies (small caps) that do not qualify for . The ceremony will take place at the NASDAQ MarketSite NASDAQ MarketSite (or simply MarketSite) is the physical presence of the NASDAQ stock market. Located in Times Square in New York City, it occupies the bottom of the Condé Nast Building, located at 4 Times Square. in Times Square and be broadcast live. Mr. Pingji Lu, Chairman and Chief Executive Officer of China Housing & Land Development commented on the occasion, "It is our great honor to be invited by NASDAQ to ring the closing bell on July 11th. Joining NASDAQ is a significant recognition of the success we have achieved in our 16 years and commemorates our rapid growth as largest residential real estate developer in northwestern China Northwestern China (西北, Xīběi) includes the autonomous regions of Xinjiang and Ningxia and the provinces of Shaanxi, Gansu, and Qinghai. See also
A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. two years ago. This further demonstrates the respect that we have earned from our partners, customers, investors and shareholders and marks the beginning of new stage for our company. We are committed to driving our sustained and profitable revenue growth and increasing shareholder value. I also would like to take this opportunity to thank our employees for their hard work, dedication and innovation. China Housing & Land Development's success would not be possible without our dedicated employees and wonderful customers." As part of the celebration, NASDAQ will feature a China Housing & Land Development's video presentation on its landmark seven-story tower on 43rd street and Broadway. To watch the closing bell ceremony live, please visit http://www.nasdaq.com/reference/marketsite_about.stm 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. By leveraging its strong relationships with China's local state authorities, China Housing & Land Development has been able to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the supply of available land and develop residential and commercial properties, further increase China Housing's brand recognition, and outperform Outperform An analyst recommendation meaning a stock is expected to do slightly better than the market return. Notes: Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy. its competitors in medium size residential and commercial real estate developments in greater Xi'an. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. provided by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 can include discussions of strategy, 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 & Land Development, Inc.'s public filings with the U.S. Securities and Exchange Commission. All information provided in this news release is current as of the date of the release, and the Company does 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 & Land Development news releases, project information, photographs, and more are available on the internet at www.chldinc.com. |
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