Evergrande Listed as a Fortune 500 Company
HONG KONG, July 20, 2016 /PRNewswire/ -- On July 20, Fortune announced the list of the world's top 500 companies. For the first time, Evergrande (HK.3333) was included into the list with an operating revenue ofUSD211.84 billion (equivalent toRMB1331.3 billion). In the list of China's top 500 comp...
Evergrande Acquires Hong Kong Landmark Office Building, Beachheading Hong Kong with Strength
HONG KONG, Nov. 13, 2015 /PRNewswire/ -- Evergrande (HK.3333) announced on November 12 that it plans to acquire Hong Kong landmark top office building - MassMutual Tower. After the acquisition, Evergrande will become the only private enterprise of mainlandChina with independent office building in...
Evergrande Over-fulfilled Annual Target Two Months Ahead of Schedule with Cumulative Sales of 154.5 Billion Yuan
BEIJING, Nov. 3, 2015 /PRNewswire/ -- On November 2, Evergrande Real Estate (HK.3333) published its October performance with sales of25.8 billion yuan; the cumulative sales total for the first 10 months of the year is154.53 billion yuan , which means that Evergrande has completed 103% of its annua...
EVERGRANDE's interim results: net profit RMB13,300,000,000 yuan, cash balance RMB81,600,000,000 yuan
HONG KONG, Aug. 31, 2015 /PRNewswire/ -- EVERGRANDE Real Estate's (HK.3333) results of first half of 2015 announced onAugust 31: EVERGRANDE Real Estate's (hereinafter referred to as EVERGRANDE) net profit of first half of 2015 was RMB13,290,000,000 yuan, including RMB 81,570,000,000 yuan from the ...
Evergrande Joins Forces with Tencent to Enter Internet Community Service Market
HONG KONG, Aug. 1, 2015 /PRNewswire/ -- On July 31, the Hong Kong listed company Mascotte (HK.0136) announced thatTencent Holdings (HK.0700) and Evergrande Real Estate (HK.3333), which had previously announced their intention to subscribe for 75% of the shares in Mascotte, would become the two l...
Evergrande Applies for New Buy-back Authorization and Expects to Further Increase Buy-back
HONG KONG, July 24, 2015 /PRNewswire/ -- Evergrande Real Estate (HK.3333) announced onJuly 24 that it would hold an extraordinary general meeting regarding the application for authorization of a further increase of buy-back equal to 10% of its share capital. Industry insiders believe that after a...
Evergrande Buys Back 374 Million Shares Worth 1.475 Billion HKD to Lift Investor Confidence
HONG KONG, July 9, 2015 /PRNewswire/ -- On July 8, Evergrande Real Estate (HK.3333) announced its decision to spend approximately1.475 billion HKD in buying back about 374 million shares in the secondary market, accounting for 2.39% of its issued shares. This is another piece of good news for Eve...
Evergrande's Second Batch of 15 Billion Domestic Bonds Well-received Again, with a New Low Interest Rate of 5.3%
HONG KONG, July 7, 2015 /PRNewswire/ -- Evergrande (HK.3333), underlying stock of Shanghai-Hong Kong Stock Connect, announced onJuly 7 that the second batch of 15 billion of the approved 20 billion domestic bonds was successfully issued.An original report from Sina Leju follows. According to...
Evergrande Hit New Record High with Sales of 24.8 Billion Yuan in June
HONG KONG, July 7, 2015 /PRNewswire/ -- On July 6, Evergrande Real Estate (HK.3333), a target stock of Shanghai-Hong Kong Stock Connect, revealed its June sales performance: single-month sales reaches24.75 billion yuan, which ranks first amongHong Kong-listed mainland property companies, with a ...
Mascotte Stock Subscribed by Tencent and Evergrande
HONG KONG, June 30, 2015 /PRNewswire/ -- Mascotte (HK.0136) announced on June 23 that the new stock subscribed byTencent (HK.0700) and Evergrande (HK.3333) at HKD 750 million accounted for 75% of the expanded capital stock after subscription.An original report from Sina Leju follows. The subscri...
Evergrande Received AAA Rating by Three Agencies for Issuance of Bonds
HONG KONG, June 17, 2015 /PRNewswire/ -- AAA is the highest rating given by all rating agencies in the world. Very few companies, mostly large state-owned companies, have received this rating. OnJune 16, Evergrande Real Estate (3333.HK) announced its plan to issue bonds withinChina, and became th...
With 15.12 Billion Sales Revenue in April, 45.66 Billion for the First Four Months, Evergrande Tops in Target Completion Rate
GUANGZHOU, China, May 11, 2015 /PRNewswire/ -- On 10th May, Evergrande Group (3333.HK) releases its sales briefing , with the sales revenue of 15.12billion yuan, which topsHong Kong real-estate enterprises. An original report from Sina Leju follows. The briefing shows Evergrande's sales reve...
Haitong Securities and Guotai Junan Securities Keep Optimistic about Evergrande and Expect HKD 12.15 and HKD 9.1 for the Stock Respectively
HONG KONG, May 4, 2015 /PRNewswire/ -- On May 4, Evergrande (3333.HK) had its expected price increased toHKD 12.15 and "Buy" rating reaffirmed in another report released by Haitong Securities two weeks after the release of the previous one. Additionally, Guotai Junan Securities increased its ...
Securities Companies Keep Optimistic about Mainland Property Development Giant Evergrande and Expect HKD 9.1 for the Stock
HONG KONG, April 29, 2015 /PRNewswire/ -- Guotai Junan Securities and China Galaxy Securities, two leading securities companies inChina, release their reports regarding Evergrande (3333.HK) as an underlying stock under Shanghai-Hong Kong Stock Connect onApr. 29. Evergrande has its expected price ...
China Securities: Affirm "Buy" Rating of Evergrande and Expect HKD7.8 for the Stock
HONG KONG, April 23, 2015 /PRNewswire/ -- With Shanghai-Hong Kong Stock Connect finding its way to appeal to more investors, increasing focuses have been placed by mainland securities companies on domestic leading companies listed in HK, and several leading securities companies are optimistic abo...
Evergrande Target Price HK$7.72, Giving Buy Rating
HONG KONG, April 22, 2015 /PRNewswire/ -- Hang Seng Index has been rising continually. Those leading enterprises listed inHong Kong attract more attention from major mainland stock brokers. OnApril 22, CITICS published a research report on EVERGRANDE (3333.HK), giving it a BUY rating and setting ...
Securities Companies Expect HKD 7.74 for Evergrande Stock
HONG KONG, April 20, 2015 /PRNewswire/ -- With capital flooding into HK from Shanghai under Shanghai-Hong Kong Stock Connect, HK stock market continues its outperformance and HSI was sent to a 7-year high. However, a great gap in PE ratios still remains between Mainland and HK stocks, following m...
New Media Acquiring Evergrande Wonjin and Evergrande Expanding Heath Business Pattern
HONG KONG, April 1, 2015 /PRNewswire/ -- On April 1, New Media (HK. 708), which planned to rename as Evergrande Health Industrial Group Co., Ltd., announced that it signed Equity Acquisition Agreement with Evergrande Health Industrial Co., Ltd. and agreed to acquire 96.25% of equity of Tianjin Ev...
Evergrande Total Asset Hits RMB 474.5b And Ranks First in 10 Domestic Core Indexes
HONG KONG, March 30, 2015 /PRNewswire/ -- According to the 2014 performance report released by Evergrande (HK.3333) inHong Kong on March 30, the Group has enjoyed a year-on-year growth of 36.3% in its total asset thathad increased to RMB 474.5 billion by the end of 2014, and ranked the first in b...
Evergrande Acquires New Media and to Rename it Evergrande Health
BEIJING, March 1, 2015 /PRNewswire/ -- Evergrande has became the controlling shareholder of New Media Group Holdings Limited after its subscription of 648,000,000 shares of New Media, accounting for 74.99% of the total shares issued by New Media, at a price ofHKD 950,000,000.00, according to the ...
