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Today, Hong Kong Evergrande concept stocks opened higher, closing: China Evergrande rose 17.62% to HK $2.67 per share, with a total market capitalization of HK $35.38 billion. Evergrande rose 0.34 per cent to HK $2.91 per share, with a total market capitalization of HK $28.43 billion. Evergrande property rose 7.86 per cent to HK $4.53 per share, with a total market capitalization of HK $48.97 billion. It is not difficult to see that, in addition to Evergrande cars to achieve a small rise, China Evergrande and Evergrande property rose significantly. The Hong Kong stock Evergrande concept stock collectively opened high or late at night on September 22, Evergrande Group held a special meeting on "return to work and production guarantee Building".
According to a notice issued by Shengjing Bank, a listed Hong Kong stock company, two affiliated enterprises of Shenyang SASAC intend to transfer about 167 million domestic shares held by Evergrande Group (Nanchang) Co., Ltd. at a transfer price of 6 yuan per share. Evergrande will cash out more than 1 billion yuan this time. The announcement shows that Northeast Pharmaceutical (000597) Group, affiliated to Shenyang SASAC, and Shenyang Shengjing Financial Investment Group will be transferred to about 138 million domestic shares and about 28.8333 million domestic shares held by Evergrande Nanchang respectively at a price of 6 yuan per share. it accounts for about the total issued shares of Shengjing Bank respectively.
On the evening of August 25, China's Evergrande (03333.HK) announced that, according to data currently available to management, net profit in the first half of this year is expected to decline to about 9 billion to 10.5 billion yuan, down 29% to 39% from the same period last year. China Evergrande pointed out in its announcement that the decline in profits in the first half of the year was mainly due to lower real estate sales prices and rising expenses in the first half of the year. As can be seen from the contents of the announcement, in the first half of this year, its real estate development business lost about 4 billion yuan, while China Evergrande New Energy Automobile Group Co., Ltd. lost about 4.8 billion yuan. But.
Today, according to the official WeChat account of Evergrande Group, Evergrande Group held a "Baojiaolou" military writ signing meeting. Xu Jiayin and eight vice presidents of Evergrande signed the military writ of Baojiaolou. Evergrande Group said that under the leadership of Xu Jiayin, chairman of the board of directors of Evergrande Group, all the staff of the group vowed to ensure the construction of the project with the greatest determination and efforts to complete the delivery of the property with quality and quantity. It is worth noting that Evergrande Group has recently been exposed that some properties across the country have been shut down due to liquidity and financial constraints. According to the semi-annual report released by China Evergrande on August 31, the company achieved an operating income of 222.69 billion yuan in the first half of this year.
Today, according to an announcement by China Evergrande on the Hong Kong Stock Exchange, sales are expected to continue to decline significantly in September, resulting in the continued deterioration of the Group's sales rebates, further exerting tremendous pressure on cash flow and liquidity. At the same time, China Evergrande also said that other measures taken to alleviate liquidity problems have not achieved the desired results, and the group is actively contacting a number of potential investors to discuss the sale of some stakes in Evergrande Motor and Evergrande property, as well as the introduction of new investors. According to the announcement: from June to August 2021, the contract sales of Evergrande property in China were 71.63 billion yuan, 43.78 billion yuan and 38.08 billion yuan respectively, showing a downward trend.
In the early morning of August 20, Evergrande issued two announcements in the early morning in response to rumors such as being interviewed and "negotiating with Xiaomi to sell 65% of Evergrande's shares." In response to Internet rumors that "China Evergrande Group is in talks with Xiaomi Group to sell 65% of Evergrande's shares," a statement said that Evergrande had had preliminary exchanges with Xiaomi Group in the process of introducing strategic shareholders and had not held in-depth negotiations. On August 20, Xiaomi Group responded that: up to now, Xiaomi Group has indeed contacted all kinds of car manufacturing teams for exchanges and negotiations, but the Group has not made any decision on the intention of cooperation. The Group is no longer interested in the market.
Yesterday, a civil ruling was exposed online, and the share price of "Evergrande" plummeted collectively. Evergrande shares tumbled 16.22% to close at HK $8.21 on the day. Evergrande fell 19.1 per cent to HK $16.1 per share. Evergrande property and Evergrande Network fell 13.38% and 11.76% respectively. On July 19, a "Civil order of Guangfa Bank Co., Ltd. Yixing Branch and Yixing Hengyu Real Estate Co., Ltd., Evergrande Real Estate Group Co., Ltd." circulated on the Internet. The content of the document shows that the applicant Guangfa Bank Yixing Branch applied for pre-litigation property to the Intermediate people's Court of Wuxi City, Jiangsu Province.
On the evening of October 8, Evergrande announced that it had applied to the Stock Exchange to resume trading in the company's shares from 9: 00 a.m. on October 9, 2023. In addition to announcing the resumption of trading, Evergrande also brings an important piece of inside news. Evergrande said in the announcement that on September 29, 2023, it will receive
Recently, affected by a series of negative news from its parent company, China Evergrande, Evergrande Group announced on September 13 that it expected sales to continue to decline sharply in September, which led to the continued deterioration of the group's sales payback. further put tremendous pressure on cash flow and liquidity. After the announcement of Evergrande Group, Evergrande closed down 24.66% to HK $3.88 per share, with a total market capitalization of HK $37.904 billion, according to HKEx filings today. Mr. and Mrs. Joseph Lau, a close friend of Xu Jiayin and a wealthy Hong Kong businessman, reduced their holdings of 24.436 million shares in China Evergrande at an average price of HK $3.58 per share on September 10.
Today, AH shares have stopped falling and rebounded, while Evergrande has gone down. By the close of trading in Hong Kong, China Evergrande was down 12.40%; Evergrande Motor was down 26.86%; Evergrande property was down 9.14%; and Evergrande shares plummeted collectively, which may be related to market news. State-owned Yuexiu Real Estate plans to spend about 10.5 billion Hong Kong dollars (8.75 billion yuan) to buy Evergrande China Evergrande Center, the Hong Kong headquarters of Evergrande, the Sing Tao Daily reported, citing people familiar with the matter. the two sides reached a consensus on the matter on Friday. Related reports pointed out that Yuexiu Real Estate and Evergrande Group negotiations are progressing smoothly, the current purchase.
On the evening of September 26, Hong Kong-listed Evergrande Motor issued an announcement on "terminating the proposal to issue RMB shares under special authorization." Evergrande Motor said in the announcement that after careful consideration, both the company and Haitong Securities Co., Ltd. agreed to terminate the listing counseling agreement and will report to the Shenzhen Regulatory Bureau of the China Securities Regulatory Commission. Therefore, the proposed issuance of RMB shares will not continue. The only thing missing is Evergrande. Evergrande is renamed from Evergrande Health, which includes health business and new energy vehicle business. In the field of new energy vehicles, Evergrande Group has achieved research and development and manufacturing of new energy vehicles through a series of acquisitions.
Evergrande Group and today announced that they will sign a strategic cooperation agreement with Germany's hofer Power Group in Stuttgart, and the Evergrande German hofer Power Technology Company, a joint venture between the two sides in Germany, has been officially unveiled. This is the sixth time this year that Evergrande has announced a stake in an automobile company. According to the terms of the agreement, Evergrande will own 67% of the joint venture company and 33% of Germany's hofer. Evergrande said in the announcement that the joint venture company will have German H European Fan's cutting-edge technology in the power zero rate and the top R & D and manufacturing team, and will develop the world's leading three-in-one powertrain core technology. Evergrande said.
In order to promote the development of automobile sales and other areas, Evergrande Group formally joined Guanghui Group in September 2018, becoming the second largest shareholder of Guanghui Group. Guanghui Automobile, a subsidiary of Guanghui Group, is the largest car dealer group in China. Unexpectedly, two years later, Evergrande Group completely divested. On November 1, Guanghui Automobile announced that Evergrande Group, Shenneng Group and Sun Guangxin, the actual controller of the company, signed an equity transfer agreement on the target company Guanghui Group. Evergrande Group sold its 40.964% stake in Guanghui Group to Shenneng Group for a total price of 14.85 billion yuan.
As Evergrande is mired in a debt crisis, former "allies" have parted ways. Hong Kong listed company Zhongyu Group announced that it had sold 32.18 million Evergrande shares through the open market on October 5 at an average price of HK $3.89 per share for a total consideration of HK $125 million (excluding transaction costs). In response to the reasons for the sale of Evergrande shares, China reputation Group said it was concerned about the recent negative news of Evergrande and Evergrande Group and the sharp decline in Evergrande's share price in the past few months. taking into account the recent fluctuations in the stock market, changing market and economic conditions, the directors believe that the sale can be reduced.
China Evergrande Group, Evergrande Hengchi New Energy vehicle (Shanghai) Co., Ltd., Tianjin Evergrande Guorui New Energy Technology Co., Ltd., and Junfang Materials and equipment (Guangdong) Co., Ltd. On April 13, China Evergrande Group added 4
At noon this afternoon, a number of bloggers on Weibo announced that the sign of Evergrande Group's Shenzhen headquarters building was being demolished. Subsequently, several media reports confirmed that Evergrande Group had withdrawn its lease from the building in December 2021 and moved its headquarters back to Guangzhou. On June 1, 2017, Evergrande Real Estate Group, established on June 24, 1996, was changed from Guangzhou to Nanshan District of Shenzhen City. On August 1, 2019, Evergrande Group headquarters was officially relocated from Guangzhou to the Outstanding Houhai Center in Nanshan, Shenzhen. Evergrande was in talks with Shenzhen SASAC about the backdoor reorganization and return to A shares. With the withdrawal of the lease, Evergrande Group may relocate its registered place to Guangzhou again.
On the evening of June 20, China Evergrande announced that the company is actively promoting the restructuring work, and the company is expected to announce the preliminary restructuring plan before the end of July. The announcement said that the Evergrande property pledge guarantee independent investigation is actively under way, at this stage has not yet determined the expected completion of the independent investigation time. Auditor of the group
Evergrande Group's capital problems are simmering, and it is urgent to sell assets to get back the funds. On October 4, Hong Kong stocks China Evergrande and Evergrande property announced the suspension of trading, Evergrande Motor normal trading. At noon, China Evergrande announced that it was waiting for the company to issue a transaction announcement on matters to be disclosed, and Evergrande property issued an announcement, waiting for the company to issue an announcement that it makes and constitutes inside information and may make a full offer for shares in the company in accordance with the Code on Takeovers and mergers of Hong Kong companies. In addition, the real estate listed company Hesheng Chuangzhang is also trading by the daily limit, which is the same as the transaction of the company to be published (the acquisition of shares in a company listed on the Stock Exchange).
On September 24, Evergrande issued a notice saying that due to the group's liquidity problems, there were delays in the payment of suppliers and project payments in the group's Evergrande Health Valley and the living space of new energy vehicles, resulting in the suspension of some related projects. As of the announcement, the Group has not made significant progress in striving for the resumption of work for some projects. In addition, Evergrande also said that the company is still in contact with different potential strategic investors to introduce new investors for the group, as of the announcement, is still in the process of due diligence and consultation. The group has not yet signed any legally binding agreements with investors, and it is uncertain whether the potential sale can be realized. If there is any.
Following yesterday, Hengchi car sales staff was reported to be a large-scale suspension of unpaid wages after the news. Today, according to the Fenghuang.com Financial News report: "Xu Jiayin was scheduled to attend Evergrande 12.2 meeting temporarily cancelled, Evergrande Automobile headquarters will be disbanded." In addition, it is also reported that in order to reduce costs, the headquarters of Evergrande Automobile Group will
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