Trends - Evergrande Group - Business Recorder

Evergrande Group

HK shares flat as sour sentiment in Asia offsets China optimism

HONG KONG: Hong Kong stocks ended flat on Wednesday, as weakness in broader Asia offset optimism from equity markets...

Published 28 Apr, 2022 05:37am

Business & Finance

Debt-laden China Evergrande to hold investor call on Wednesday

HONG KONG: China Evergrande Group will hold an investor call at 9 pm (1300 GMT) on Wednesday joined by its financial...

Published 26 Jan, 2022 01:52pm

Business & Finance

Evergrande seeks more time from offshore creditors for debt restructuring plan

HONG KONG: China Evergrande Group on Monday sought more time from its offshore bondholders to work on a...

Published 24 Jan, 2022 07:44pm

Business & Finance

China Evergrande 2021 sales plunge 39%, shares set to resume

HONG KONG: Embattled property developer China Evergrande Group said on Tuesday its contracted sales for 2021 had...

Published 04 Jan, 2022 10:57am

Markets

China shares rise

SHANGHAI: China shares rose on Thursday for a third consecutive session, as slowing factory-gate inflation added to...

Published 10 Dec, 2021 04:29am

Business & Finance

Evergrande shares fall after chairman cuts stake; Fantasia suspends trading

HONG KONG: Shares in China Evergrande Group fell as much as 4.8% on Monday morning, after its chairman trimmed his...

Published 29 Nov, 2021 12:22pm

Business & Finance

Evergrande founder sells 9% stake for $344mn amid debt crunch

HONG KONG: The chairman of China Evergrande Group Hui Ka Yan sold 1.2 billion shares in the company at an average...

Published 26 Nov, 2021 04:31pm

Business & Finance

China Evergrande dissolves some units of online marketplace

HONG KONG: China Evergrande Group has dissolved several district-level units of Fangchebao (FCB), its online real...

Published 17 Nov, 2021 10:35am

Markets

Miners buoy Australian shares back to gains

Australian stocks rose on Friday after four straight sessions of losses, as miners extended gains on relief that...

Published 12 Nov, 2021 11:27am

Markets

China stocks up as property shares surge on policy easing bets

SHANGHAI: China stocks gained more than 1% on Thursday, bucking the trend in Asia, as investors snapped up battered...

Published 12 Nov, 2021 04:46am

Markets

China ferrous futures rebound

MANILA: Prices for steel products and steelmaking ingredients on China's commodity futures bourses surged on...

Published 12 Nov, 2021 04:46am

Markets

Hong Kong stocks close up as property and tech shares boost

HOING KONG: Hong Kong shares finished up on Wednesday, led by real estate firms and tech giants, as investors bought...

Published 11 Nov, 2021 05:20am

Business & Finance

Investors await Evergrande's overdue $148mn payment as debt woes grow

Concerns mounted about a deepening liquidity crisis in the Chinese property sector on Wednesday ahead of a deadline...

Published 10 Nov, 2021 10:21am

Business & Finance

Evergrande auto unit plans sale of Protean to EV maker Bedeo

China Evergrande Group's automotive unit is nearing a sale of U.K. startup Protean Electric to e-mobility company...

Published 04 Nov, 2021 09:57am

Business & Finance

Another Chinese property developer defaults, shares drop

HONG KONG/SHANGHAI: Modern Land reported a missed payment on Tuesday, the latest Chinese property developer to do ...

Published 26 Oct, 2021 11:18am

Markets

Evergrande, EV unit shares jump after chairman signals business shift

HONG KONG: Shares in China Evergrande Group shot up 4% on Monday after the embattled property developer announced...

Published 25 Oct, 2021 10:40am

Markets

FTSE 100 rises as miners rebound, JD Sports top gainer

London's FTSE 100 gained on Friday, as mining stocks rose on easing concerns over Chinese property market, although...

Published 22 Oct, 2021 01:34pm

Markets

Asia tech shares jump; China property stocks rally on Evergrande payment

TOKYO: Tech stocks climbed in Asia on Friday, following U.S. peers higher, while Chinese property stocks rallied...

Published 22 Oct, 2021 12:28pm

Markets

Hong Kong shares close lower as tech, healthcare weigh

SHANGHAI: Hong Kong shares ended lower on Thursday, weighed down by tech giants and healthcare stocks, while real...

Published 22 Oct, 2021 04:13am

Markets

HK stocks hit near 6-week high on tech boost; China market range-bound

SHANGHAI: Hong Kong stocks hit a near six-week high on Wednesday, aided by a sustained rebound in technology names,...

Published 20 Oct, 2021 10:02am

Business & Finance

Evergrande's $1.7bn Hong Kong headquarters sale flops as buyer withdraws

HONG KONG: Chinese state-owned Yuexiu Property has pulled out of a proposed $1.7 billion deal to buy China ...

Published 15 Oct, 2021 02:06pm

Business & Finance

Looming Evergrande bond coupon payments intensify contagion fears

HONG KONG: As China Evergrande Group looks set to miss its third round of bond payments in three weeks, markets are...

Published 12 Oct, 2021 10:19am

Business & Finance

China Evergrande bondholders brace for Monday's coupon deadline

SHANGHAI: Offshore bondholders of beleaguered developer China Evergrande Group were on Monday bracing for news on...

Published 11 Oct, 2021 10:58am

Business & Finance

Dollar climbs as Evergrande uncertainty swirls

NEW YORK: The dollar was on track for its biggest daily percentage gain against a basket of major currencies in a...

Published 25 Sep, 2021 04:59am

Markets

China stocks fall, Evergrande's assurance lifts property stocks

The CSI300 index fell 1.1% to 4,801.94 by the end of the morning session, while the Shanghai Composite Index lost 0.3% to 3,603.41

Published 22 Sep, 2021 11:10am

Markets

Wall Street ends near flat on cautious note ahead of Fed

NEW YORK: U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over troubles ...

Updated 22 Sep, 2021 01:37am

Markets

Copper hits one-month low on renewed Evergrande fears

LONDON: Copper prices extended their decline to a one-month low on Tuesday on renewed fears that troubles at China's...

Updated 21 Sep, 2021 11:20pm

World

Evergrande troubles punish China property as contagion concern spreads

HONG KONG: Growing fears of a default by China Evergrande Group led investors worried about its potential impact on...

Published 21 Sep, 2021 04:10am

Business & Finance

China Evergrande bonds rebound as loan payment extensions ease default worries

HONGKONG/SHANGHAI: Bonds of heavily indebted developer China Evergrande Group staged a late rally on Thursday on ...

Published 10 Sep, 2021 04:41am

Evergrande sells stakes in internet unit for $418m

HONG KONG: China's most indebted property developer Evergrande Group has agreed to sell stakes in its internet unit...

Published 02 Aug, 2021 07:11am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	278.00 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	641.42 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 23 Attock Cement Pakistan Limited(ACPL)	85.59 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	278.00 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	641.42 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 23 Attock Cement Pakistan Limited(ACPL)	85.59 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

Evergrande Group

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