Trends - China Evergrande Group

China Evergrande Group

Shares of China Evergrande’s EV unit soar after liquidators’ stake sale deal

HONG KONG: Shares of China Evergrande New Energy Vehicle Group more than doubled on Monday as trade resumed after...

Published 27 May, 2024 10:20am

Business & Finance

Chinese property developer Country Garden’s Hong Kong liquidation hearing adjourned

HONG KONG: A Hong Kong court adjourned to June 11 a hearing of a petition on Friday seeking liquidation of Country...

Published 17 May, 2024 11:11am

Business & Finance

The people behind the indebted developer’s overhaul: China Evergrande

SYDNEY/HONG KONG: Restructuring experts from Alvarez & Marsal will rely on China connections and a track record...

Published 07 Feb, 2024 10:46am

World

HK court orders China Evergrande to liquidate with debts of $300bn

HONG KONG: A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, a move...

Published 30 Jan, 2024 04:52am

Business & Finance

Evergrande proposes offshore creditors get 30% equity stake in subsidiaries

China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts...

Published 01 Nov, 2023 11:00am

Markets

China stocks rise on support signs; HK muted

SHANGHAI: Chinese stocks rose on Monday, helped by fresh signs of government-orchestrated support measures, while...

Published 31 Oct, 2023 05:26am

Markets

Evergrande chairman investigated over offshore asset transfers

China Evergrande Group Chairman Hui Ka Yan is being investigated on suspicion of transferring assets offshore while...

Published 02 Oct, 2023 10:26am

Markets

China ferrous futures rebound

MANILA: Chinese iron ore and steel futures rose on Wednesday, rebounding after two days of losses, with news that...

Published 22 Dec, 2022 05:57am

Business & Finance

Debt-hit China Evergrande sells land for $1bn

BEIJING: Embattled property giant China Evergrande has sold land earlier earmarked for its headquarters in the...

Published 29 Nov, 2022 07:26am

Business & Finance

Evergrande aims to win approval for restructuring proposals early next year

HONG KONG: Embattled property developer China Evergrande Group aims to win creditors’ support for its debt...

Published 28 Nov, 2022 09:21am

Business & Finance

Evergrande eyes onshore assets as sweetener for offshore debt restructuring

HONG KONG: Property developer China Evergrande Group plans to use domestic assets as sweeteners to win offshore...

Published 17 Nov, 2022 12:43pm

Business & Finance

Evergrande discussing staggered payments, debt-to-equity swaps for $19bn offshore bonds

HONG KONG: China Evergrande Group is considering repaying offshore public bondholders owed around $19 billion with...

Published 27 May, 2022 11:44am

Markets

New energy, machinery stocks lift China shares

SHANGHAI: China stocks closed up on Monday, led by new energy and machinery shares, after the country’s central...

Published 25 Jan, 2022 05:03am

Business & Finance

China Evergrande reports progress in resuming home deliveries

SHANGHAI: China Evergrande Group said on Sunday it had made initial progress in resuming construction work with its...

Published 27 Dec, 2021 06:45am

Markets

Hong Kong stocks erase gains

SHANGHAI: Hong Kong stocks reversed earlier gains and ended lower on Monday, with optimism over Beijing’s policy...

Published 14 Dec, 2021 06:40am

Markets

Japan rubber futures slide

TOKYO: Japanese rubber futures slid on Wednesday, on persisting worries over weak automobile sales in top buyer ...

Published 09 Dec, 2021 04:29am

Business & Finance

China Evergrande's snowballing debt crisis

HONG KONG: Some offshore bondholders of China Evergrande Group did not receive coupon payments by the end of a ...

Published 07 Dec, 2021 12:00pm

Markets

Hong Kong stocks end at 14-month low

HONG KONG: Hong Kong shares closed at a fourteen-month month low on Monday, dragged by tech giants that tracked...

Published 07 Dec, 2021 06:29am

Markets

China stocks close lower

SHANGHAI: China stocks closed lower on Thursday, led by metaverse-related shares as the state media flagged risks,...

Published 19 Nov, 2021 04:35am

Business & Finance

China Evergrande shares fall on persistent pressure from debt travails

HONG KONG: Shares of cash-strapped China Evergrande Group and its electric vehicle unit fell early on Wednesday, as...

Published 27 Oct, 2021 11:54am

Business & Finance

China’s troubled property behemoth averts default for now

SHANGHAI/HONG KONG: China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, ...

Published 23 Oct, 2021 04:01am

Markets

Miners pull London's FTSE 100 lower; Unilever gains

LONDON: London's FTSE 100 index fell on Thursday, as miners dropped due to rising troubles in China's property ...

Published 22 Oct, 2021 04:13am

Markets

Japan's Nikkei falls nearly 2pc on election, China Evergrande jitters

TOKYO: Japan's Nikkei share average fell nearly 2% on Thursday, weighed down by fresh fears around China Evergrande...

Published 22 Oct, 2021 04:13am

Markets

S.Korean stocks rebound on tech boost, easing China property woes

SEOUL: Round-up of South Korean financial markets: South Korean shares ended higher on Tuesday, boosted by tech...

Published 19 Oct, 2021 01:03pm

Business

Tax worries and growth woes haunt Chinese property shares

SHANGHAI: Beijing's property tax plans and fresh signs of weakening in China's housing market knocked real estate...

Published 19 Oct, 2021 03:52am

Markets

China property shares slide as Evergrande crisis reverberates

SHANGHAI: Shares of Chinese real estate firms fell further on Thursday as investors fretted about a debt crisis...

Published 14 Oct, 2021 10:55am

Markets

Yen sinks, Aussie climbs as Evergrande contagion fears recede

The yen also fell as higher US yields attracted Japanese investor money, while rising commodity prices helped the Aussie and Norway's crown

Published 27 Sep, 2021 11:09am

Markets

HSBC CEO sees market impact from Evergrande debt woes

Quinn said HSBC was very focused on its commercial real estate business in China and Hong Kong

Published 23 Sep, 2021 11:31am

Markets

Australia shares end higher

SYDNEY: Australian shares ended higher on Wednesday in line with other markets, after troubled developer China...

Published 23 Sep, 2021 04:35am

Markets

Embattled Evergrande warns of growing default risks as pressures mount

HONG KONG/SHANGHAI: Cash-strapped property group China Evergrande Group said on Tuesday it has engaged advisers to...

Published 15 Sep, 2021 04:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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China Evergrande Group

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