Log in
E-mail
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

MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  China Evergrande Group    3333   KYG2119W1069

CHINA EVERGRANDE GROUP

(3333)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

China stocks end lower on property sector woes, profit-taking

10/14/2020 | 03:53am EST

* SSEC -0.56%, CSI300 -0.66%

* Property sector sub-index -1.2%

* Investors book profits from earlier gains on anticipation of Xi's Shenzhen speech

BEIJING, Oct 14 (Reuters) - China shares ended lower on Wednesday, with property firms among the biggest laggards, on mounting pressure for raising cash under the government's new debt-ratio caps, while profit-taking in agricultural stocks after recent sharp gains also weighed.

** At the close, the Shanghai Composite index was down 0.56% at 3,340.78. ** The blue-chip CSI300 index was down 0.66%, with its real estate index down 1.21% and the healthcare sub-index down 0.61%.

** The agriculture sector sub-index fell 1.4 while the consumer staples sector lost 0.83%. ** The smaller Shenzhen index ended down 0.51% and the start-up board ChiNext Composite index was weaker by 0.735%.

** So far this week, the market capitalisation of the Shanghai stock index has risen by 2.67% to 38.86 trillion yuan ($5.77 trillion).

** China's second-largest property developer China Evergrande Group trimmed its share sale size as the government tackles what it considers excessive borrowing in the real estate development sector with new debt-ratio caps.

** Investors are booking profits after gains generated earlier this week on anticipation of President Xi Jinping's Shenzhen speech, said Zhang Yanbin, an analyst with Zheshang Securities. ** Shenzhen will strengthen property rights and protection of entrepreneurs, Xi said Wednesday in a speech to marking the establishment of the country's first economic zone in the southern city four decades earlier. ** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.1%, while Japan's Nikkei index closed up 0.11%. ** At 0700 GMT, the yuan was quoted at 6.7408 per U.S. dollar, 0.06% firmer than the previous close of 6.745.

($1 = 6.7396 Chinese yuan) (Reporting by Shanghai Newsroom)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
CHINA EVERGRANDE GROUP -2.53% 16.16 End-of-day quote.-25.19%
DIGITAL CHINA GROUP CO., LTD. 3.57% 24.92 End-of-day quote.25.54%
MSCI AC ASIA EX JAPAN (STRD, UHD) 1.28% 800.749 Real-time Quote.14.87%
NIKKEI 225 0.05% 26800.98 Real-time Quote.13.23%
S&P/CITIC 300 INDEX -0.01% 4392.56 Delayed Quote.23.68%
S&P/CITIC 50 INDEX 0.05% 4422.92 Delayed Quote.18.30%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) -0.01% 6.5489 Delayed Quote.-5.47%
US DOLLAR / CHINESE YUAN RENMINBI (USD/CNY) -0.13% 6.5622 Delayed Quote.-5.53%
ZHESHANG SECURITIES -0.95% 16.68 End-of-day quote.49.87%
All news about CHINA EVERGRANDE GROUP
03:34aCHINA EVERGRANDE : Evergrande Property eases on HK debut as debt, competition wo..
RE
12/01CHINA EVERGRANDE : Evergrande Property eases on HK debut as debt, competition wo..
RE
11/26CHINA EVERGRANDE : Evergrande Property's Hong Kong IPO meets with lukewarm recep..
RE
11/26CHINA EVERGRANDE : Evergrande Unit Prices IPO Near Low End of Range
DJ
11/26China shares end higher as financials lead rebound
RE
11/26CHINA EVERGRANDE : Evergrande Property Services Hong Kong IPO priced at HK$8.8/ ..
RE
11/25JD Health IPO Adds to Hale and Hearty Hong Kong Market
DJ
11/25EVERGRANDE HEALTH INDUSTRY : China state planner orders probes into NEV projects..
RE
11/23NEWS HIGHLIGHTS : Top Company News of the Day
DJ
11/23NEWS HIGHLIGHTS : Top Company News of the Day
DJ
More news
Financials
Sales 2020 647 B 83 469 M 83 469 M
Net income 2020 33 544 M 4 327 M 4 327 M
Net Debt 2020 619 B 79 800 M 79 800 M
P/E ratio 2020 6,36x
Yield 2020 6,78%
Capitalization 214 B 27 598 M 27 600 M
EV / Sales 2020 1,29x
EV / Sales 2021 0,89x
Nbr of Employees 131 615
Free-Float 14,9%
Chart CHINA EVERGRANDE GROUP
Duration : Period :
China Evergrande Group Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHINA EVERGRANDE GROUP
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 20,16 HKD
Last Close Price 16,58 HKD
Spread / Highest target 92,3%
Spread / Average Target 21,6%
Spread / Lowest Target -8,41%
EPS Revisions
Managers
NameTitle
Hai Jun Xia Vice Chairman & Chief Executive Officer
Shou Ming Shi President
Ka Yan Hui Chairman
Da Rong Pan Chief Financial Officer & Executive Director
Dong Feng Chen Head-Information
Sector and Competitors
1st jan.Capitalization (M$)
CHINA EVERGRANDE GROUP-24.35%28 323
CHINA VANKE CO., LTD.-4.60%52 475
VONOVIA SE18.17%38 690
CHINA MERCHANTS SHEKOU INDUSTRIAL ZONE HOLDINGS CO., LTD.-26.22%17 182
DEUTSCHE WOHNEN SE12.77%17 018
GREENLAND HOLDINGS CORPORATION LTD-7.34%11 980