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

Hong Kong shares fall as Evergrande missing interest payment sparks jitters

09/24/2021 | 04:39am EDT

* Hang Seng index ends down 1.3%

* China Enterprises index HSCE falls 1.47%

* Property sector slumps 2.28% on Evergrande concern

SHANGHAI, Sept 24 (Reuters) - Hong Kong shares ended lower on Friday, dragged down by broad losses across sectors, as global investors fretted over the impact of a missed bond interest payment by debt-laden developer China Evergrande.

** At the close of trade, the Hang Seng index was down 318.82 points, or 1.3%, at 24,192.16. The Hang Seng China Enterprises index fell 1.47% to 8,604.99. ** The energy sub-index dipped 1.7%, the IT sector dipped 1.12%, the financial sector ended 0.9% lower and the property sector slumped 2.28%. ** Property sector shares were hit after a bond interest payment deadline for heavily indebted developer China Evergrande Group expired on Thursday, with bondholders reporting they had not been paid. ** China Evergrande's shares tanked 11.61%, making it the biggest percentage decliner among H-shares. ** China Evergrande New Energy Vehicle Group dived 23.37% and Evergrande Property Services Group fell 4.42%.

** China's main Shanghai Composite index closed down 0.8% at 3,613.07, while the blue-chip CSI300 index ended down 0.08%. ** Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.5%, while Japan's Nikkei index closed up 2.06%. ** The yuan was quoted at 6.4647 per U.S. dollar at 08:10 UTC, 0.07% weaker than the previous close of 6.46. ** At close, China's A-shares were trading at a premium of 46.54% over Hong Kong-listed H-shares. (Reporting by Andrew Galbraith; editing by Rashmi Aich)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
CHINA EVERGRANDE GROUP -0.74% 2.67 End-of-day quote.-82.08%
CHINA EVERGRANDE NEW ENERGY VEHICLE GROUP LIMITED 11.42% 4 End-of-day quote.-86.75%
EVERGRANDE PROPERTY SERVICES GROUP LIMITED -5.64% 4.52 End-of-day quote.-49.44%
All news about CHINA EVERGRANDE GROUP
10:55aGLOBAL MARKETS LIVE : HSBC, PayPal, Tesla, Daimler, Intel...
05:47aHSBC rides out China property storm with 74% profit jump, $2 billion buyback
RE
05:39aCHINA EVERGRANDE NEW ENERGY VEHICLE : Evergrande EV unit shares jump after chairman signal..
RE
05:37aEvergrande EV unit shares jump after chairman signals business shift
RE
04:41aCHINA EVERGRANDE NEW ENERGY VEHICLE : Turkish lira at new low on Ankara-West tensions
RE
04:35aHong Kong shares close flat as gains in energy, materials offset realty losses
RE
04:20aTAKE FIVE : ECB, FAANGs and China's bond conundrum
RE
03:32aChinese Shares Finish Higher; Three First-Time Listers End Mixed on Debut
MT
03:07aSHANGHAI STOCK EXCHANGE B SHARES IND : Chinese Shares End Higher on Positive Evergrande De..
MT
02:14aCHINA EVERGRANDE : Evergrande Unit Speeds Up Construction of Over 40 Projects in Guangdong
MT
More news
Analyst Recommendations on CHINA EVERGRANDE GROUP
More recommendations
Financials
Sales 2021 547 B 70 399 M 70 399 M
Net income 2021 2 419 M 311 M 311 M
Net Debt 2021 354 B 45 478 M 45 478 M
P/E ratio 2021 14,6x
Yield 2021 1,42%
Capitalization 35 247 M 4 534 M 4 534 M
EV / Sales 2021 0,71x
EV / Sales 2022 0,47x
Nbr of Employees 163 119
Free-Float 18,6%
Chart CHINA EVERGRANDE GROUP
Duration : Period :
China Evergrande Group Technical Analysis Chart | 3333 | KYG2119W1069 | MarketScreener
Technical analysis trends CHINA EVERGRANDE GROUP
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Last Close Price 2,67 HKD
Average target price 11,13 HKD
Spread / Average Target 317%
EPS Revisions
Managers and Directors
Hai Jun Xia Vice Chairman & Chief Executive Officer
Shou Ming Shi President
Da Rong Pan Chief Financial Officer & Executive Director
Ka Yan Hui Chairman
Dong Feng Chen Head-Information
Sector and Competitors
1st jan.Capi. (M$)
CHINA EVERGRANDE GROUP-82.08%4 568
CHINA VANKE CO., LTD.-28.26%37 855
VONOVIA SE-10.41%36 174
DEUTSCHE WOHNEN SE18.79%21 013
VINGROUP JOINT STOCK COMPANY-4.24%14 904
VINHOMES JOINT STOCK COMPANY14.02%14 897