bearish
Goings On in Evergrande Land
331 Views28 Nov 2021 21:04
SUMMARY
- On Friday 26 November, Evergrande Auto (708 HK) dropped a business update at 10:30pm.
- The land under Guangzhou Evergrande Stadium has been taken over by the local government meaning the $1.8bn project is under new control. The team may be forfeit as well.
- Evergrande Chairman Hui sold 1.2 billion shares of Evergrande (3333 HK) last week in what appeared to be two transactions. That may be linked to a third this coming week.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- StubWorld: Evergrande Trading "Cheap" But Still Uninvestable29 Dec 2021
- The Evergrande Quantum Kitty Living Its Ninth Life06 Dec 2021
- The Chinese Credit Chronicle: The Below CCC Moment30 Nov 2021
- Evergrande Bezzle Discovered - Quantum Kitty's Regenerative Capabilities Have Nuance and Timing27 Oct 2021
- Evergrande Update - Limited Contagion, and Positive Regulatory Noises Near-Term18 Oct 2021
x