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    2007   KYG245241032

COUNTRY GARDEN HOLDINGS CO. LTD.

(2007)
  Report
Delayed Hong Kong Stock Exchange  -  05/18 10:14:10 pm EDT
4.770 HKD   -1.85%
03:33aCountry Garden Eyes $74 Million from Renminbi Bond Offering
MT
12:44aHeeding regulatory call, Chinese developer Country Garden to issue bonds
RE
05/17Country Garden, Longfor, Midea Real Estate to Issue RMB Bonds This Week
MT
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Hong Kong's Hang Seng rises most in three months on tech boost

01/12/2022 | 03:27am EDT

* Hang Seng index ends up 2.79%; biggest daily jump since Oct

* China Enterprises index HSCE rises 2.91%

* HSI financial sector sub-index is 1.2% higher; property sector down 0.3%

Jan 12 (Reuters) - Hong Kong's main Hang Seng index logged its biggest daily percentage gain in three months on Wednesday as a less hawkish-than-expected testimony from U.S. Federal Reserve Chairman Jerome Powell lifted tech shares across the region.

** At the close of trade, the Hang Seng index was up 663.11 points or 2.79% at 24,402.17, its biggest daily percentage rise since Oct. 7.

** Tech firms led gains, with an index tracking the sector also rising by its most in three months to finish up 5.64%.

** Tech firms are leading a global rebound in equities after U.S. Federal Reserve Chairman Jerome Powell gave less hawkish than expected comments in a testimony to Congress.

** Hong Kong's tech index is up 4% so far this year after tumbling by nearly a third in 2021 on investor concerns over tightening regulatory controls.

** Investors were also encouraged by slower-than-expected producer prices growth in China in December, which is expected offer more room for loosening monetary policy.

** The Hang Seng China Enterprises index rose 2.91% to 8,612.85, its biggest daily percentage gain since Dec. 7.

** The mainland properties index was a notable underperformer on Wednesday, falling 1.38% amid continued concerns over the ability of developers to service their debts.

** Property firms controlled by developers Shimao Group Holdings, Kaisa Group Holdings and Greenland Group were named on a list of Chinese companies "consistently overdue" on commercial paper payments.

** The top gainer on the Hang Seng was JD.Com Inc, which gained 10.98%, while the biggest loser was developer Country Garden Holdings Co Ltd, which fell 2.71%.

** China's main Shanghai Composite index closed up 0.84% at 3,597.43 points, while the blue-chip CSI300 index ended up 1%.

** Around the region, MSCI's Asia ex-Japan stock index was 1.53% firmer, while Japan's Nikkei index closed up 1.92%. (Reporting by Andrew Galbraith; Editing by Simon Cameron-Moore)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
COUNTRY GARDEN HOLDINGS CO. LTD. -1.85% 4.77 Delayed Quote.-30.20%
GREENLAND HOLDINGS CORPORATION LIMITED -0.71% 4.22 End-of-day quote.-2.76%
HANG SENG -3.32% 19965.79 Delayed Quote.-11.95%
HANG SENG CHINA ENTERPRISES -3.60% 6839.91 Delayed Quote.-14.08%
KAISA GROUP HOLDINGS LTD. 10.53% 0.84 Delayed Quote.7.69%
NIKKEI 225 0.94% 26911.2 Real-time Quote.-7.40%
ON SEMICONDUCTOR CORPORATION -4.56% 55.83 Delayed Quote.-17.80%
S&P/CITIC 300 INDEX -1.09% 3598.9 Real-time Quote.-18.70%
S&P/CITIC 50 INDEX -1.10% 3453.08 Real-time Quote.-16.28%
SHIMAO GROUP HOLDINGS LIMITED -2.21% 4.42 Delayed Quote.-13.33%
All news about COUNTRY GARDEN HOLDINGS CO. LTD.
03:33aCountry Garden Eyes $74 Million from Renminbi Bond Offering
MT
12:44aHeeding regulatory call, Chinese developer Country Garden to issue bonds
RE
05/17Country Garden, Longfor, Midea Real Estate to Issue RMB Bonds This Week
MT
05/17Hong Kong Hang Seng Up 3.3% in Tech Rally
MT
05/16China developer Zhongliang seals bond repayment extension as Beijing struggles to conta..
RE
05/16Hong Kong Hang Seng Edges Up 0.3% As Property Sector Gains
MT
05/16Hong Kong Stocks Extend Gains; Property Counters Advance on China's Mortgage Rate Cut
MT
05/16China stocks close lower on dire economic activity data; Hong Kong edges up
RE
05/16China asked 3 property developers to issue bonds this week - sources
RE
05/15Hong Kong-Listed Property Developers Rise on China's Lower Mortgage Rates
DJ
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Analyst Recommendations on COUNTRY GARDEN HOLDINGS CO. LTD.
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Financials
Sales 2022 533 B 78 897 M 78 897 M
Net income 2022 28 507 M 4 221 M 4 221 M
Net Debt 2022 153 B 22 657 M 22 657 M
P/E ratio 2022 3,39x
Yield 2022 7,46%
Capitalization 95 646 M 14 162 M 14 162 M
EV / Sales 2022 0,47x
EV / Sales 2023 0,47x
Nbr of Employees 150 353
Free-Float 30,6%
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Technical analysis trends COUNTRY GARDEN HOLDINGS CO. LTD.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 4,18 CNY
Average target price 6,27 CNY
Spread / Average Target 50,0%
EPS Revisions
Managers and Directors
Bin Mo President & Executive Director
Bi Jun Wu Chief Financial Officer & Vice President
Kwok Keung Yeung Co-Chairman
Hui Yan Yang Co-Chairman
Lai Him Shek Independent Non-Executive Director