China Evergrande announced on June 7 that it bought back 291 million shares worth a total of HK336 million 43 million according to a Hong Kong Stock Exchange filing. Shares rose as much as 4 to a more than one-week trading high the following day.
Shares Tank As Chinese Developer Evergrande Rebuts Restructuring Rumor Property Management Initial Public Offering Development
The stock is no longer Hong Kongs most shorted developer lagging behind the short interests in Country Garden Holdings Co.
Evergrande china stock. And Aoyuan Healthy Life Group Co according to data compiled by Bloomberg. Billionaire Zhang Jindongs 30-year old empire is facing a critical test as concern mounts over Suning Appliance Group Cos financial health and its links to China Evergrande Group. China Evergrande unit slides by record in US19 billion sell-off as seller offloads stock after lock-up period expires.
One reason may be that Evergrande shares have already been falling having lost 60 since their recent peak in July. Find the latest EVERGRANDE 3333HK stock quote history news and other vital information to help you with your stock trading and investing.
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