Local time on Tuesday. The property services unit of Chinas top developer sank after blocks of shares were traded at a 12 per cent discount to Tuesdays level erasing some US19 billion of market.
Evergrande Related Stocks Plunge As Liquidity Crisis Deepens Global Times
Evergrande Real Estate is at the forefront of the Chinese real estate market and is known as Wan Heng Bi with the other two top three real estate companies Vanke and Country Garden.
Evergrande stock market. The stock climbed 24 as of 1036 am. The stock sank 13 per cent to HK978 at the close of trading on Wednesday erasing the equivalent of US19 billion from its market. The company paid HK1108 to HK1184 apiece for the shares about 02 of issued capital it said in a filing to the exchange late Monday.
Evergrande Property Services Group slumped in Hong Kong by the most since its December listing after an unidentified seller offloaded several blocks of shares as soon as a six-month lock-up period on key investors expired on Wednesday. June 15 2021 823 AM EDT Updated on June 15 2021 1147. Billionaire Who Helped Evergrande Hit by Bond Stock Selloff Bloomberg News.
In March 2010 Evergrande.
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