China Evergrande Group (3333)

China Evergrande Group (3333)


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China Evergrande Group Profile

China Evergrande Group (3333.xhkg) is a Chinese real estate and property developer headquartered in Shenzhen, the People’s Republic of China. The China Evergrande Group focuses on apartments selling primarily to upper and middle-income dwellers in over 170 Chinese cities. China Evergrande is traded on the Hong Kong Stock Exchange (SEHK), has an $83.87B (USD) market cap, and employs around 123,276 people. Following the acquisition of a 45% stake in Faraday Future, an American electric vehicle (EV) manufacturer and technology company, Evergrande Health, a China Evergrande Group subsidiary, became the largest share holder of the automotive company for a total of $2B (USD). In March 2010, Evergrande Group acquired Guangzhou F.C. for ¥100M (CNY). In April 2020, China Evergrande opened the ¥12B (CNY) construction of Guangzhou Evergrande Football Stadium, expected to be delivered in 2022. The Evergrande Group was in talks with state-owned and private companies to sell its stakes in its electric car and property management units to boost its liquidity and ease its debt pile. As a result, the China Evergrande Group shares (3333.xhkg) recorded some of their biggest rallies this year, restoring more than $3.5B (USD) of market value.

Holding cost
Largos
-5%
Cortos
-2.5%
Trading hours in HK Time
Fri
09:00-16:00
Mon
09:00-16:00
Tue
09:00-16:00
Wed
09:00-16:00
Thu
09:00-16:00
Sun
Cierra
Sat
Cierra

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