China Evergrande Group
03333
Company Profile
Business description
China Evergrande Group is a large real estate developer. In 2019, it was ranked in third place by sales value among developers in China. It has projects in more than 200 cities across China and property development accounts for 90% of earnings. The firm also has interests in banking, insurance, tourism, and healthcare. Evergrande was listed in Hong Kong in late 2009. The company is in the process of spinning off its real estate business into a Shenzhen-listed entity. Free float is 25%, with the company's founder Hui Ka Yan holding the remaining share.
Contact
Number. 78 Huangpu Avenue West
Tianhe District
Guangdong Province
Guangzhou510620
CHNT: +86 75581998888
Sector
Real Estate
Stock type
Cyclical
Industry
Real Estate - Development
Fiscal Year End
31 December 2024
Employees
109,085
China Evergrande Group News & Analysis
stocks
Chinese equities offer value, but risks lie ahead
Regulatory changes led to a mass selloff of Chinese equities throughout the year.
funds
The other Evergrande bond issuers
The troubled real estate developer has been issuing bonds through its listed entity, as well as through subsidiaries. What’s the real Evergrande representation in portfolios?
funds
Who’s buying Evergrande’s bonds?
Blackrock, HSBC and UBS have been accumulating Evergrande bonds over the past few months.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,633.10 | 66.10 | 0.77% |
| CAC 40 | 7,229.65 | 16.33 | 0.23% |
| DAX 40 | 19,240.54 | 94.37 | 0.49% |
| Dow JONES (US) | 43,870.35 | 461.88 | 1.06% |
| FTSE 100 | 8,245.12 | 95.85 | 1.18% |
| HKSE | 19,229.97 | 371.14 | -1.89% |
| NASDAQ | 18,972.42 | 6.28 | 0.03% |
| Nikkei 225 | 38,283.85 | 257.68 | 0.68% |
| NZX 50 Index | 13,041.90 | 276.66 | 2.17% |
| S&P 500 | 5,948.71 | 0.00 | 0.00% |
| S&P/ASX 200 | 8,393.80 | 70.80 | 0.85% |
| SSE Composite Index | 3,267.19 | 103.21 | -3.06% |