China Evergrande shares once surged 4% in Hong Kong Exchange

Tiger Newspress2021-07-22

China Evergrande shares once surged 4% in Hong Kong Exchange.

China Evergrande said in a statement on Thursday it has solved legal disputes with China Guangfa Bank and that the two sides will deepen business cooperation.

A court in the eastern city of Wuxi this month ordered a freeze on a 132 million yuan ($20.4 million) deposit held by Evergrande and a unit at the request of Guangfa, a court filing on a Chinese corporate information app showed.

Evergrande said on Monday its loan was not due until March and that it planned to take legal action against the lender.

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Comments

  • AppleMango
    2021-07-22
    AppleMango
    Good move. Go go go!!!
  • Lamborghini1
    2021-07-22
    Lamborghini1
    Ok
  • 牛与熊
    2021-07-22
    牛与熊
    Hmm ok
  • AmandaLim
    2021-07-22
    AmandaLim
    China construction industry is saturated.Not an industry to invest further.
    • 黄老怪
      你说得对,目前中国的房地产行业还是谨慎投资,四线城市的商品房都已经过剩了。
    • 去二三四五
      我同意你的看法。目前国内房地产行业的泡沫较大。如果政府没有相关调控措施,早晚会有破裂的一天。
    • 尼尔森胜利狗
      还是会有发展空间。比如中西部四五线城市,对于房产需求还是比较大的。
    • Lamborghini1
      ok
    • HT2O
      Ok
  • KamenR
    2021-07-22
    KamenR
    This is a huge discount now if the fundamentals are strong 
  • toh156
    2021-07-22
    toh156
    Hi
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