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 post weekly decline as Evergrande debt woes continue

09/23/2021 | 01:00am EDT

* KOSPI falls, foreigners net buyers

* Korean won weakens against U.S. dollar

* South Korea benchmark bond yield rises

* For the midday report, please click

SEOUL, Sept 24 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares fell on Friday as fears lingered over property developer China Evergrande's debt burden after some offshore bondholders of the firm were reportedly not paid interest payments. The Korean won weakened, while the benchmark bond yield rose.

** The benchmark KOSPI was down 2.34 points, or 0.07%, at 3,125.24 as of 0630 GMT. For the week, the index declined 0.49%.

** Among the heavyweights, technology giant Samsung Electronics fell 0.13% and peer SK Hynix slipped 1.42%, while LG Chem rose 0.13% and Naver climbed 1.38%.

** Some of China Evergrande Group's offshore bondholders had not received interest payment by a Thursday deadline U.S. time, two people familiar with the matter said, as worries about the fate of the property developer mount.

** The market is still full of uncertainties and many remain in a wait-and-see mode, said Lee Kyoung-min, an analyst at Daishin Securities.

** Foreigners were net buyers of 77.3 billion won worth of shares on the main board.

** The won was quoted at 1,176.5 per dollar on the onshore settlement platform, 0.08% lower than its previous close at 1,175.5.

** In offshore trading, the won was quoted at 1,177.2 per dollar, down 0.2% from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,177.7.

** The KOSPI has risen 8.76% so far this year, but lost 4.4% in the previous 30 trading sessions.

** The trading volume during the session in the KOSPI index was 737.66 million shares. Of the total traded issues of 926, the number of advancing shares was 370.

** The won has lost 7.7% against the dollar so far this year.

** The most liquid 3-year Korean treasury bond yield rose by 1.8 basis points to 1.574%, while the benchmark 10-year yield rose by 5.2 basis points to 2.151%. (Reporting by Cynthia Kim; Additional reporting by Jihoon Lee; Editing by Jan Harvey)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
CHINA EVERGRANDE GROUP -3.91% 2.95 End-of-day quote.-80.20%
LG CHEM, LTD. 0.48% 831000 End-of-day quote.0.85%
NAVER CORPORATION 2.77% 407500 End-of-day quote.39.32%
SAMSUNG ELECTRONICS CO., LTD. 0.57% 70600 End-of-day quote.-12.84%
SK HYNIX INC. 0.62% 97700 End-of-day quote.-17.55%
All news about CHINA EVERGRANDE GROUP
12:12pChina Evergrande shelves stake sale, Kaisa clattered by downgrade
RE
10:56aDollar dips as bonds stabilize, while sterling, NZ dollar gain
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
More news
Analyst Recommendations on CHINA EVERGRANDE GROUP
More recommendations
Financials
Sales 2021 547 B 70 391 M 70 391 M
Net income 2021 2 419 M 311 M 311 M
Net Debt 2021 354 B 45 472 M 45 472 M
P/E ratio 2021 16,1x
Yield 2021 1,29%
Capitalization 38 943 M 5 008 M 5 009 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