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China Evergrande Group

Shares of China Evergrande’s EV unit soar after liquidators’ stake sale deal

Published 27 May, 2024 10:20am

HONG KONG: Shares of China Evergrande New Energy Vehicle Group more than doubled on Monday as trade resumed after...

Chinese property developer Country Garden’s Hong Kong liquidation hearing adjourned

Published 17 May, 2024 11:11am

HONG KONG: A Hong Kong court adjourned to June 11 a hearing of a petition on Friday seeking liquidation of Country...

The people behind the indebted developer’s overhaul: China Evergrande

Published 07 Feb, 2024 10:46am

SYDNEY/HONG KONG: Restructuring experts from Alvarez & Marsal will rely on China connections and a track record...

HK court orders China Evergrande to liquidate with debts of $300bn

Published 30 Jan, 2024 04:52am

HONG KONG: A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, a move...

Evergrande proposes offshore creditors get 30% equity stake in subsidiaries

Published 01 Nov, 2023 11:00am

China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts...

China stocks rise on support signs; HK muted

Published 31 Oct, 2023 05:26am

SHANGHAI: Chinese stocks rose on Monday, helped by fresh signs of government-orchestrated support measures, while...

Evergrande chairman investigated over offshore asset transfers

Published 02 Oct, 2023 10:26am

China Evergrande Group Chairman Hui Ka Yan is being investigated on suspicion of transferring assets offshore while...

China ferrous futures rebound

Published 22 Dec, 2022 05:57am

MANILA: Chinese iron ore and steel futures rose on Wednesday, rebounding after two days of losses, with news that...

Debt-hit China Evergrande sells land for $1bn

Published 29 Nov, 2022 07:26am

BEIJING: Embattled property giant China Evergrande has sold land earlier earmarked for its headquarters in the...

Evergrande aims to win approval for restructuring proposals early next year

Published 28 Nov, 2022 09:21am

HONG KONG: Embattled property developer China Evergrande Group aims to win creditors’ support for its debt...

Evergrande eyes onshore assets as sweetener for offshore debt restructuring

Published 17 Nov, 2022 12:43pm

HONG KONG: Property developer China Evergrande Group plans to use domestic assets as sweeteners to win offshore...

Evergrande discussing staggered payments, debt-to-equity swaps for $19bn offshore bonds

Published 27 May, 2022 11:44am

HONG KONG: China Evergrande Group is considering repaying offshore public bondholders owed around $19 billion with...

New energy, machinery stocks lift China shares

Published 25 Jan, 2022 05:03am

SHANGHAI: China stocks closed up on Monday, led by new energy and machinery shares, after the country’s central...

China Evergrande reports progress in resuming home deliveries

Published 27 Dec, 2021 06:45am

SHANGHAI: China Evergrande Group said on Sunday it had made initial progress in resuming construction work with its...

Hong Kong stocks erase gains

Published 14 Dec, 2021 06:40am

SHANGHAI: Hong Kong stocks reversed earlier gains and ended lower on Monday, with optimism over Beijing’s policy...

Japan rubber futures slide

Published 09 Dec, 2021 04:29am

TOKYO: Japanese rubber futures slid on Wednesday, on persisting worries over weak automobile sales in top buyer ...

China Evergrande's snowballing debt crisis

Published 07 Dec, 2021 12:00pm

HONG KONG: Some offshore bondholders of China Evergrande Group did not receive coupon payments by the end of a ...

Hong Kong stocks end at 14-month low

Published 07 Dec, 2021 06:29am

HONG KONG: Hong Kong shares closed at a fourteen-month month low on Monday, dragged by tech giants that tracked...

China stocks close lower

Published 19 Nov, 2021 04:35am

SHANGHAI: China stocks closed lower on Thursday, led by metaverse-related shares as the state media flagged risks,...

China Evergrande shares fall on persistent pressure from debt travails

Published 27 Oct, 2021 11:54am

HONG KONG: Shares of cash-strapped China Evergrande Group and its electric vehicle unit fell early on Wednesday, as...

China’s troubled property behemoth averts default for now

Published 23 Oct, 2021 04:01am

SHANGHAI/HONG KONG: China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, ...

Miners pull London's FTSE 100 lower; Unilever gains

Published 22 Oct, 2021 04:13am

LONDON: London's FTSE 100 index fell on Thursday, as miners dropped due to rising troubles in China's property ...

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

Published 22 Oct, 2021 04:13am

TOKYO: Japan's Nikkei share average fell nearly 2% on Thursday, weighed down by fresh fears around China Evergrande...

S.Korean stocks rebound on tech boost, easing China property woes

Published 19 Oct, 2021 01:03pm

SEOUL: Round-up of South Korean financial markets: South Korean shares ended higher on Tuesday, boosted by tech...

Tax worries and growth woes haunt Chinese property shares

Published 19 Oct, 2021 03:52am

SHANGHAI: Beijing's property tax plans and fresh signs of weakening in China's housing market knocked real estate...

China property shares slide as Evergrande crisis reverberates

Published 14 Oct, 2021 10:55am

SHANGHAI: Shares of Chinese real estate firms fell further on Thursday as investors fretted about a debt crisis...

Yen sinks, Aussie climbs as Evergrande contagion fears recede

Published 27 Sep, 2021 11:09am

The yen also fell as higher US yields attracted Japanese investor money, while rising commodity prices helped the Aussie and Norway's crown

HSBC CEO sees market impact from Evergrande debt woes

Published 23 Sep, 2021 11:31am

Quinn said HSBC was very focused on its commercial real estate business in China and Hong Kong

Australia shares end higher

Published 23 Sep, 2021 04:35am

SYDNEY: Australian shares ended higher on Wednesday in line with other markets, after troubled developer China...

Embattled Evergrande warns of growing default risks as pressures mount

Published 15 Sep, 2021 04:19am

HONG KONG/SHANGHAI: Cash-strapped property group China Evergrande Group said on Tuesday it has engaged advisers to...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.91
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.35
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 2	7,609.78
Nasdaq / Jun 2	27,093.90
Dow Jones / Jun 2	51,307.79
India Sensex / Jun 3	73,756.94
Tokyo Nikkei / Jun 3	68,452.45
Hang Seng / Jun 3	25,630.80
FTSE 100 / Jun 3	10,342.09
Germany DAX 30 / Jun 3	24,951.88
France CAC40 / Jun 3	8,180.24

Item	Value
Crude Oil USD/Barrel / Jun 3	94.92
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,463.91
Cotton US¢/pound / Jun 3	80.39
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

China Evergrande Group

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