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    3333   KYG2119W1069

CHINA EVERGRANDE GROUP

(3333)
  Report
End-of-day quote. End-of-day quote Hong Kong Stock Exchange - 09/20
2.28 HKD   -10.24%
10:33aChina Strategic seeks to offload 1.4% stake in Evergrande vehicle unit
RE
10:05aOil rallies on tight supplies in aftermath of U.S. storm
RE
09:40aToday on Wall Street: Markets at a pivot point
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

China Evergrande : shares fall as Beijing stands pat on benchmark lending rate

07/20/2021 | 01:21am EDT

* SSEC -0.5%, CSI300 -0.51%, HSI -1.19%

* Chine leaves loan prime rate steady at July fixing

* Evergrande shares, bonds continue to slump

SHANGHAI, July 20 (Reuters) - China shares fell on Tuesday as investors adopted risk-off mode after Beijing kept a benchmark lending rate unchanged despite growing expectations for a cut, while developer Evergrande slumped after local authorities halted some of its sales. ** At the midday break, the Shanghai Composite index was down 0.5% at 3,521.57 points. ** China's blue-chip CSI300 index was down 0.51%, with its financial sector sub-index slipping 0.96%.

** Policymakers kept the one-year loan prime rate (LPR) at 3.85%. The five-year LPR remained at 4.65%. The rate was unchanged for the 15th straight month, despite growing expectations for a cut after a surprise lowering of bank reserve requirements. ** The real-estate index dropped 1.73% as concerns around Hong Kong-listed China Evergrande Group dented risk sentiment. ** Sales in two Evergrande developments in a southern Chinese city have been halted by the authorities, government notices showed, adding pressure on the developer's cashflow that has raised concerns in the past few months. ** Evergrande's shares plunged 14.37% in Hong Kong, and bond and share prices of related companies also tumbled. ** Chinese H-shares listed in Hong Kong fell 1.47% to 9,811.8, while the Hang Seng Index was down 1.19% at 27,163.88. ** The sub-index of the Hang Seng index tracking property firms fell 1%, energy companies slumped 3.6%, and the IT sector fell 1.3%. ** The smaller Shenzhen index was down 0.38%, the start-up board ChiNext Composite index was weaker by 0.21%, and Shanghai's tech-focused STAR50 index was flat. ** Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.95%, while Japan's Nikkei index was down 0.96%. ** The yuan was quoted at 6.4881 per U.S. dollar, 0.04% firmer than the previous close of 6.4905. (Reporting by Shanghai Newsroom, Editing by Sherry Jacob-Phillips)


ę Reuters 2021
All news about CHINA EVERGRANDE GROUP
10:33aChina Strategic seeks to offload 1.4% stake in Evergrande vehicle unit
RE
10:05aOil rallies on tight supplies in aftermath of U.S. storm
RE
09:40aToday on Wall Street: Markets at a pivot point
09:04aWith Gucci bags and Dyson appliances, Evergrande wooed retail investors
RE
09:03aCanadian dollar, TSX futures rebound after Trudeau election win
RE
08:53aCHINA EVERGRANDE : Factbox-Five things to watch at Fed policy meeting this week
RE
08:52aChina Evergrande's rising default risks shift focus to possible Beijing rescue
RE
07:53aBank of America cuts China growth forecast under Evergrande shadow
RE
07:16aDollar slips from 1-month highs as "buy the dip" trades bloom
RE
06:47aIndian shares end higher as metals, tech stocks rebound
RE
More news
Analyst Recommendations on CHINA EVERGRANDE GROUP
More recommendations
Financials
Sales 2021 547 B 70 275 M 70 275 M
Net income 2021 2 419 M 311 M 311 M
Net Debt 2021 353 B 45 392 M 45 392 M
P/E ratio 2021 12,5x
Yield 2021 1,67%
Capitalization 29 967 M 3 848 M 3 848 M
EV / Sales 2021 0,70x
EV / Sales 2022 0,45x
Nbr of Employees 163 119
Free-Float 15,3%
Chart CHINA EVERGRANDE GROUP
Duration : Period :
China Evergrande Group Technical Analysis Chart | 3333 | KYG2119W1069 | MarketScreener
Technical analysis trends CHINA EVERGRANDE GROUP
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Last Close Price 2,28 HKD
Average target price 11,18 HKD
Spread / Average Target 390%
EPS Revisions
Managers and Directors
Hai Jun Xia Vice Chairman & Chief Executive Officer
Shou Ming Shi President
Da Rong Pan Chief Financial Officer & Executive Director
Ka Yan Hui Chairman
Dong Feng Chen Head-Information
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