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
End-of-day quote. End-of-day quote Hong Kong Stock Exchange - 12/02
2.27 HKD   +3.18%
08:02aGENERAL ANNOUNCEMENT : :inside information
PU
07:47aChina Evergrande gets $260 million demand, warns of non-payment
RE
04:38aChina's Kaisa starts talks with bondholders as default threat looms
RE
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Japan's Nikkei falls nearly 2% on election, China Evergrande jitters

10/21/2021 | 02:49am EST

TOKYO, Oct 21 (Reuters) - Japan's Nikkei share average fell nearly 2% on Thursday, weighed down by fresh fears around China Evergrande Group, concerns ahead of a general election and worries over the impact of rising costs on corporate outlook.

The Nikkei fell 1.87% to close at 28,708.58, while the broader Topix lost 1.31% to 2,000.81.

Overnight, the S&P 500 and the Dow rose, with the Dow hitting an intraday record high, while the Nasdaq lagged as technology stocks took a breather.

The Nasdaq's weak finish triggered a sell-off in Japanese technology heavyweights, while investors nervously awaited whether Prime Minister Fumio Kishida would take decisive measures to boost the pandemic-beaten economy.

"The ruling LDP (Liberal Democratic Party) would probably win a majority but it is not clear whether the party would make changes that would meet market expectations," said Ikuo Mitsui, a fund manager at Aizawa Securities.

The LDP will likely lose some seats in the Oct. 31 lower house election, but the ruling coalition it forms with the Komeito party is expected to maintain a majority, local media reported.

"Also, investors are wary about the potential impact of rising costs and oil prices as well as supply chain disruptions on corporate outlook for the second half of the corporate business year," Mitsui said.

The Hong Kong-listed shares of debt-ridden China Evergrande lost 12% on Thursday when the company resumed trading after a more than two-week suspension.

Chip-making equipment maker Tokyo Electron dragged the Nikkei the most, falling 4.61%. Uniqlo brand clothing shop operator Fast Retailing lost 2.98% and global technology start-up investor SoftBank Group fell 2.06%.

Airlines were down 2.1%, declining the most among the exchange's 33 industry sub-indexes amid concerns about a possible resurgence of COVID-19 infections as cases in the UK rose.

Oil-related shares shined as crude prices rose.

Nippon Paint Holdings gained 0.59% after the world's fourth-largest paint company announced an acquisition of decorative paints specialist Cromology. (Reporting by Junko Fujita; Editing by Krishna Chandra Eluri and Editing by Subhranshu Sahu)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
CHINA EVERGRANDE GROUP 3.18% 2.27 End-of-day quote.-84.77%
FAST RETAILING CO., LTD. 0.09% 67140 End-of-day quote.-27.39%
NIPPON PAINT HOLDINGS CO., LTD. -0.58% 1199 End-of-day quote.-47.09%
SOFTBANK GROUP CORP. -5.10% 5599 End-of-day quote.-30.52%
TOKYO ELECTRON LIMITED -0.58% 59580 End-of-day quote.55.16%
All news about CHINA EVERGRANDE GROUP
08:02aGENERAL ANNOUNCEMENT : :inside information
PU
07:47aChina Evergrande gets $260 million demand, warns of non-payment
RE
04:38aChina's Kaisa starts talks with bondholders as default threat looms
RE
12:36aEMEA MORNING BRIEFING : Wall Street Rebound to Boost European Shares; U.S. Jobs Data in Fo..
DJ
12/02China-listed firms rush to divest property businesses amid sector crackdown
RE
12/02Kaisa Group's Debt Swap Plan Fails to Get Takers
DJ
12/02China Aoyuan warns of liquidity crunch, inability to repay $651.2 million debt
RE
12/02China's Kaisa struggles for relief from bondholders as default risk looms
RE
12/02China's New Home Prices Dip For First Time Since 2015, Private Survey Shows
MT
12/01CST Group Offloads More Evergrande Bonds to Cut Exposure
MT
More news
Analyst Recommendations on CHINA EVERGRANDE GROUP
More recommendations
Financials
Sales 2021 530 B 67 942 M 67 942 M
Net income 2021 9 514 M 1 221 M 1 221 M
Net Debt 2021 453 B 58 172 M 58 172 M
P/E ratio 2021 3,15x
Yield 2021 1,67%
Capitalization 29 974 M 3 846 M 3 846 M
EV / Sales 2021 0,91x
EV / Sales 2022 0,62x
Nbr of Employees 163 119
Free-Float 27,4%
Chart CHINA EVERGRANDE GROUP
Duration : Period :
China Evergrande Group Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHINA EVERGRANDE GROUP
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 9
Last Close Price 2,27 HKD
Average target price 6,34 HKD
Spread / Average Target 179%
EPS Revisions
Managers and Directors
Hai Jun Xia Vice Chairman & Chief Executive Officer
Shou Ming Shi President
Da Rong Pan Chief Financial Officer & Executive Director
Ka Yan Hui Chairman
Dong Feng Chen Head-Information
Sector and Competitors
1st jan.Capi. (M$)
CHINA EVERGRANDE GROUP-84.77%3 846
CHINA VANKE CO., LTD.-33.69%33 523
VONOVIA SE-11.34%32 285
DEUTSCHE WOHNEN SE-9.59%17 730
VINGROUP JOINT STOCK COMPANY11.46%17 438
VINHOMES JOINT STOCK COMPANY19.54%15 749