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

S.Korean stocks end lower on Evergrande, China power shortage worries

09/28/2021 | 03:05am EDT

* KOSPI falls, foreigners net buyers

* KRW weakens to over one-year low vs USD

* South Korea benchmark bond yield rises

* For the midday report, please click

SEOUL, Sept 28 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares closed lower on Tuesday, in line with broader Asian markets on lingering fears over the fate of China Evergrande Group and worries about the potential impact of a widening power shortage in China. The won weakened to a one-year low, while the benchmark bond yield rose.

** The KOSPI closed down 35.72 points, or 1.14%, at 3,097.92.

** Chip giants led the decline on the benchmark index, with Samsung Electronics and SK Hynix falling 1.80% and 0.96%, respectively. Naver and Kakao dropped 2.61% and 2.08%, respectively.

** Without making a reference to ailing developer Evergrande , China's central bank vowed to protect consumers exposed to the housing market on Monday and injected more cash into the banking system.

** Widening power shortages in China, meanwhile, halted production at a number of factories including suppliers to Apple Inc and Tesla Inc and are expected to hit the country's manufacturing sector and associated supply chains.

** Further denting risk appetite were soaring U.S. Treasury yields that touched a three-month high overnight following the Federal Reserve's signals last week that bond purchases could be tapered as early as November.

** Foreigners were net buyers of 10.7 billion won ($9.07 million) worth of shares on the main board.

** The won ended at 1,184.4 per dollar on the onshore settlement platform, 0.64% lower than its previous close and marking the lowest close since mid-September last year.

** In offshore trading, the won was quoted at 1,184.2 per dollar, down 0.5% from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,185.1.

** In money and debt markets, December futures on three-year treasury bonds fell 0.16 point to 109.35.

** The benchmark 10-year yield soared by 8.2 basis points to 2.249%. (Reporting by Joori Roh; Editing by Subhranshu Sahu)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. 0.24% 147.18 Delayed Quote.10.45%
CHINA EVERGRANDE GROUP -3.91% 2.95 End-of-day quote.-80.20%
KAKAO CORP. -0.41% 121500 End-of-day quote.55.97%
NAVER CORPORATION 0.76% 396500 End-of-day quote.35.56%
SAMSUNG ELECTRONICS CO., LTD. 0.14% 70200 End-of-day quote.-13.33%
SK HYNIX INC. -1.32% 97100 End-of-day quote.-18.06%
TESLA, INC. 0.14% 871.1299 Delayed Quote.23.30%
All news about CHINA EVERGRANDE GROUP
07:47aCHINA EVERGRANDE NEW ENERGY VEHICLE : Dollar drops as rate-hike bets profilerate elsewhere..
RE
07:33aAnalysis-China's self-inflicted slowdown tests Beijing's reform resolve
RE
07:17aKey Evergrande deal to sell stake in unit put on hold - sources
RE
05:47aExplainer-Is China finally ready to roll out a property tax?
RE
05:08aMoody’s Downgrades Three More Chinese Developers as Evergrande Contagion Fears Sp..
MT
04:53aTech giants drive Hong Kong shares to five-week high
RE
04:31aCHINA EVERGRANDE : yuan ends at 4-month high, breaching key threshold
RE
04:18aCHINA EVERGRANDE : No reason for the ECB to increase rates by end of next year, Villeroy s..
RE
04:10aSHANGHAI STOCK EXCHANGE B SHARES IND : China Property Investment Up 8.8% in First Three Qu..
MT
03:36aBofA trims China's growth forecast again as power crunch bites
RE
More news
Analyst Recommendations on CHINA EVERGRANDE GROUP
More recommendations
Financials
Sales 2021 547 B 70 385 M 70 385 M
Net income 2021 2 419 M 311 M 311 M
Net Debt 2021 354 B 45 469 M 45 469 M
P/E ratio 2021 16,1x
Yield 2021 1,29%
Capitalization 38 943 M 5 006 M 5 008 M
EV / Sales 2021 0,72x
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
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Last Close Price 2,95 HKD
Average target price 11,13 HKD
Spread / Average Target 277%
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-80.20%5 006
VONOVIA SE-9.91%35 939
CHINA VANKE CO., LTD.-29.27%35 834
DEUTSCHE WOHNEN SE21.26%21 137
VINHOMES JOINT STOCK COMPANY14.60%15 066
VINGROUP JOINT STOCK COMPANY-3.72%15 032