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 / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.80
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

Item	Value
Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Gold Spot USD/Ounce / Jan 21	2,749.13
Cotton US¢/pound / Jan 21	67.43
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Jan 22 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.95 ▲ 0.85 (10.49%)
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)
Flying Cement / Jan 22 Flying Cement Company Limited(FLYNG)	27.54 ▲ 2.50 (9.98%)
Popular Islamic / Jan 22 Popular Islamic Modaraba(PIM)	12.59 ▲ 1.06 (9.19%)
Shadman Cotton / Jan 22 Shadman Cotton Mills Limited(SHCM)	34.70 ▲ 2.90 (9.12%)
Calcorp Ltd / Jan 22 Calcorp Limited(CASH)	36 ▲ 3.00 (9.09%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.11 ▼ -0.89 (-14.83%)
Dewan Textile / Jan 22 Dewan Textile Mills Limited(DWTM)	7.28 ▼ -0.78 (-9.68%)
Sindh Abadgar / Jan 22 Sindh Abadgar's Sugar Mills Limited(SASML)	37.11 ▼ -3.89 (-9.49%)
Supernet Tech. / Jan 22 Supernet Technologies Limited(STL)	850.10 ▼ -76.81 (-8.29%)
Faisal Sp. / Jan 22 Faisal Spinning Mills Limited(FASM)	340.03 ▼ -29.87 (-8.08%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	56.98 ▼ -4.92 (-7.95%)
Suhail Jute / Jan 22 Suhail Jute Mills Limited(SUHJ)	105 ▼ -8.47 (-7.46%)
Mandviwala / Jan 22 Mandviwala Mauser Plastic Industries(MWMP)	21.25 ▼ -1.70 (-7.41%)
Pak Gulf Leasing / Jan 22 Pak-Gulf Leasing Company Limited(PGLC)	21.10 ▼ -1.54 (-6.80%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.21
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.17
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	64,227,770 ▼ -0.01
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	53,698,225 ▲ 2.85
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 2.94
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▲ 0.06
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 1.09
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.32
B.O.Punjab / Jan 22 The Bank of Punjab(BOP)	14,838,637 ▼ -0.10

Markets →

Budget 2024-25: income tax calculator for FY25

China Evergrande Group

Most Popular