Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Hong Kong
  4. Hong Kong Stock Exchange
  5. China Evergrande Group
  6. News
  7. Summary
    3333   KYG2119W1069

CHINA EVERGRANDE GROUP

(3333)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

China Evergrande : shares slip as foreign investors turn sellers

07/23/2021 | 12:55am EDT

* SSEC -0.65%, CSI300 -1.08%, HSI -0.99%

* Healthcare, consumer staples firms lead losses

* Evergrande continues fall, property sector soft

* Foreign investors turn net sellers through Stock Connect

SHANGHAI, July 23 (Reuters) - China shares fell on Friday, trimming gains for the week, as consumer staples and health care firms slipped and foreign investors turned net sellers, while developer Evergrande extended its losses in Hong Kong.

** At the midday break, the Shanghai Composite index was down 0.65% at 3,551.55 points, trimming its gains for the week to 0.35%. China's blue-chip CSI300 index was down 1.08% on the day, but up 0.5% for the week. ** The consumer staples sector fell 2.44%, the real estate index shed 1.69% and the healthcare sub-index slumped 2.97%. ** Chinese H-shares listed in Hong Kong fell 1.03% to 9,903.52, while the Hang Seng Index was down 0.99% at 27,448.23. The property sector fell 0.87%. ** Property sector sentiment took a hit as China Evergrande Group shares declined 4.87%, extending falls for the week to more than 24% on concern over its finances. ** Evergrande shares were on track for their biggest weekly drop since plunging more than 26% in late September 2011, when a government crackdown on developers' funding sources heightened concern over Evergrande's financing ability. ** Foreign investors snapped a four-day streak of net buying of A-shares, as they became net sellers through the Stock Connect scheme through Hong Kong, Refinitiv data showed ** The smaller Shenzhen index was down 1.37%, the start-up board ChiNext Composite index was weaker by 1.78% and Shanghai's tech-focused STAR50 index was down 1.5%. ** Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.56%. ** The yuan was quoted at 6.4723 per U.S. dollar, 0.03% weaker than the previous close of 6.4701. (Reporting by Shanghai Newsroom; Editing by Subhranshu Sahu)


© Reuters 2021
All news about CHINA EVERGRANDE GROUP
11:54aCHINA EVERGRANDE : World shares fall on fears over China, U.S. taxes, central ba..
RE
11:52aCHINA EVERGRANDE : World shares fall on fears over China, U.S. taxes, central ba..
RE
11:02aAMUNDI : Cuts Exposure To Evergrande Group
MT
10:38aDollar hits three-week high, boosted by recent upbeat data, Fed taper view
RE
09:20aEXCLUSIVE : China Evergrande's lenders weigh up loan losses, rolling over credit..
RE
09:18aGLOBAL MARKETS LIVE : Ryanair, Ford, Apple, Alphabet, Gap...
08:59aEuropean fund giant Amundi says has $25 million China Evergrande exposure
RE
07:42aCHINA EVERGRANDE : Evergrande, global growth worries dampen stocks
RE
07:17aAt unfinished Evergrande apartments in central China, buyers seek answers
RE
06:47aUnderstanding the magnitude of the Evergrande case
More news
Analyst Recommendations on CHINA EVERGRANDE GROUP
More recommendations
Financials
Sales 2021 547 B 70 337 M 70 337 M
Net income 2021 - - -
Net Debt 2021 320 B 41 109 M 41 109 M
P/E ratio 2021 -
Yield 2021 -
Capitalization 33 267 M 4 275 M 4 275 M
EV / Sales 2021 0,65x
EV / Sales 2022 0,44x
Nbr of Employees 163 119
Free-Float 14,3%
Chart CHINA EVERGRANDE GROUP
Duration : Period :
China Evergrande Group Technical Analysis Chart | 3333 | KYG2119W1069 | MarketScreener
Technical analysis trends CHINA EVERGRANDE GROUP
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Last Close Price 2,54 HKD
Average target price 11,18 HKD
Spread / Average Target 340%
EPS Revisions
Managers and Directors
Hai Jun Xia Vice Chairman & Chief Executive Officer
Shou Ming Shi President
Da Rong Pan Chief Financial Officer & Executive Director
Ka Yan Hui Chairman
Dong Feng Chen Head-Information
Sector and Competitors
1st jan.Capi. (M$)
CHINA EVERGRANDE GROUP-82.95%4 461
VONOVIA SE-10.98%36 004
CHINA VANKE CO., LTD.-33.55%33 230
DEUTSCHE WOHNEN SE21.22%21 422
VINHOMES JOINT STOCK COMPANY17.94%15 300
VINGROUP JOINT STOCK COMPANY-9.75%14 256