Evergrande Units, Bonds Surge on Report of Units’ Stake Sale

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Evergrande Units, Bonds Surge on Report of Units’ Stake Sale

Bloomberg2021-08-10

Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors. Evergrande is discussing with state-owned and ...

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KLS
·2021-08-10
Buy
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- LiverpoolRed:
  great
  2021-08-10
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- 我来啦你不要跑:
  Huat ah
  2021-08-10
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- VictorLin:
  Like
  2021-08-10
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Troytan
·2021-08-10
The problem of expanding too fast
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- MoonMoon:
  Hmm
  2021-08-10
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Andaroo
·2021-08-10
AMC gme awareness
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Sfun
·2021-08-10
ok
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- YZhaha:
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jhkaine
·2021-08-10
Please like
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- Sfun:
  oja
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Kennypang92
·2021-08-10
ok
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- gkwok1902:
  Okay
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土金水木火
·2021-08-10
Ok
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Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.</p>\n<p>The property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.</p>\n<p><img src=\"https://static.tigerbbs.com/629c2e013050a6e31a9bf4bb452a7f2c\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"></p>\n<p>“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.</p>\n<p>Evergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be&nbsp;consolidated&nbsp;triggered another slump in the developer’s bonds.</p>\n<p>Potential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.</p>\n<p>While the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary&nbsp;net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.</p>\n<p>Evergrande is struggling to allay concerns by investors and ratings firms. S&amp;P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. It’s the second downgrade by S&amp;P in less than two weeks and follows similar moves by Fitch and Moody’s Investors Service.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Evergrande Units, Bonds Surge on Report of Units’ Stake Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEvergrande Units, Bonds Surge on Report of Units’ Stake Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-10 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146451488","content_text":"Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and private companies to sell stakes in its new-energy vehicle and property service units, both listed in Hong Kong, Reuters reported, citing an unidentified source. Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.\nThe property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.\n\n“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.\nEvergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be consolidated triggered another slump in the developer’s bonds.\nPotential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.\nWhile the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.\nEvergrande is struggling to allay concerns by investors and ratings firms. S&P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. 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problem of expanding too fast","listText":"The problem of expanding too fast","text":"The problem of expanding too fast","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/896867596","repostId":1146451488,"repostType":4,"repost":{"id":"1146451488","kind":"news","pubTimestamp":1628565827,"share":"https://ttm.financial/m/news/1146451488?lang=&edition=fundamental","pubTime":"2021-08-10 11:23","market":"hk","language":"en","title":"Evergrande Units, Bonds Surge on Report of Units’ Stake Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1146451488","media":"Bloomberg","summary":"Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported th","content":"<p>Stocks of&nbsp;<a href=\"https://laohu8.com/S/03333\">EVERGRANDE</a> subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.</p>\n<p>Evergrande is discussing with state-owned and private companies to sell stakes in its&nbsp;new-energy vehicle&nbsp;and&nbsp;property service&nbsp;units, both listed in Hong Kong, Reuters reported, citing an unidentified source. Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.</p>\n<p>The property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.</p>\n<p><img src=\"https://static.tigerbbs.com/629c2e013050a6e31a9bf4bb452a7f2c\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"></p>\n<p>“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.</p>\n<p>Evergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be&nbsp;consolidated&nbsp;triggered another slump in the developer’s bonds.</p>\n<p>Potential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.</p>\n<p>While the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary&nbsp;net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.</p>\n<p>Evergrande is struggling to allay concerns by investors and ratings firms. S&amp;P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. It’s the second downgrade by S&amp;P in less than two weeks and follows similar moves by Fitch and Moody’s Investors Service.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Evergrande Units, Bonds Surge on Report of Units’ Stake Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEvergrande Units, Bonds Surge on Report of Units’ Stake Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-10 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146451488","content_text":"Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and private companies to sell stakes in its new-energy vehicle and property service units, both listed in Hong Kong, Reuters reported, citing an unidentified source. Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.\nThe property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.\n\n“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.\nEvergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be consolidated triggered another slump in the developer’s bonds.\nPotential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.\nWhile the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.\nEvergrande is struggling to allay concerns by investors and ratings firms. S&P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. It’s the second downgrade by S&P in less than two weeks and follows similar moves by Fitch and Moody’s Investors Service.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5479961,"gmtCreate":1628570796255,"gmtModify":1663232161964,"authorId":3581831647982295,"author":{"id":3581831647982295,"idStr":"3581831647982295","authorId":3581831647982295,"name":"MoonMoon","avatar":"https://static.tigerbbs.com/7abc88bf78bc4fd17d5085b308a74c4d","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.14","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":896867596,"type":1,"supId":0,"prevId":0,"content":"Hmm","text":"Hmm","html":"Hmm"}],"langContent":"EN"},{"id":896869819,"gmtCreate":1628569670731,"gmtModify":1703508296586,"author":{"id":"3575199303759784","authorId":"3575199303759784","name":"Andaroo","avatar":"https://static.tigerbbs.com/634c9b9f18158d4a4e497249bdbe8fd5","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3575199303759784","idStr":"3575199303759784"},"htmlText":"AMC gme awareness","listText":"AMC gme awareness","text":"AMC gme awareness","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896869819","repostId":1146451488,"repostType":4,"repost":{"id":"1146451488","kind":"news","pubTimestamp":1628565827,"share":"https://ttm.financial/m/news/1146451488?lang=&edition=fundamental","pubTime":"2021-08-10 11:23","market":"hk","language":"en","title":"Evergrande Units, Bonds Surge on Report of Units’ Stake Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1146451488","media":"Bloomberg","summary":"Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported th","content":"<p>Stocks of&nbsp;<a href=\"https://laohu8.com/S/03333\">EVERGRANDE</a> subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.</p>\n<p>Evergrande is discussing with state-owned and private companies to sell stakes in its&nbsp;new-energy vehicle&nbsp;and&nbsp;property service&nbsp;units, both listed in Hong Kong, Reuters reported, citing an unidentified source. Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.</p>\n<p>The property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.</p>\n<p><img src=\"https://static.tigerbbs.com/629c2e013050a6e31a9bf4bb452a7f2c\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"></p>\n<p>“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.</p>\n<p>Evergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be&nbsp;consolidated&nbsp;triggered another slump in the developer’s bonds.</p>\n<p>Potential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.</p>\n<p>While the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary&nbsp;net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.</p>\n<p>Evergrande is struggling to allay concerns by investors and ratings firms. S&amp;P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. It’s the second downgrade by S&amp;P in less than two weeks and follows similar moves by Fitch and Moody’s Investors Service.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Evergrande Units, Bonds Surge on Report of Units’ Stake Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEvergrande Units, Bonds Surge on Report of Units’ Stake Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-10 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146451488","content_text":"Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and private companies to sell stakes in its new-energy vehicle and property service units, both listed in Hong Kong, Reuters reported, citing an unidentified source. Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.\nThe property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.\n\n“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.\nEvergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be consolidated triggered another slump in the developer’s bonds.\nPotential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.\nWhile the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.\nEvergrande is struggling to allay concerns by investors and ratings firms. S&P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. It’s the second downgrade by S&P in less than two weeks and follows similar moves by Fitch and Moody’s Investors Service.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":896882643,"gmtCreate":1628569246082,"gmtModify":1703508289931,"author":{"id":"3579425512905776","authorId":"3579425512905776","name":"Sfun","avatar":"https://static.tigerbbs.com/677878018d08b9f3288b2153431bff4a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579425512905776","idStr":"3579425512905776"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/896882643","repostId":1146451488,"repostType":4,"repost":{"id":"1146451488","kind":"news","pubTimestamp":1628565827,"share":"https://ttm.financial/m/news/1146451488?lang=&edition=fundamental","pubTime":"2021-08-10 11:23","market":"hk","language":"en","title":"Evergrande Units, Bonds Surge on Report of Units’ Stake Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1146451488","media":"Bloomberg","summary":"Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported th","content":"<p>Stocks of&nbsp;<a href=\"https://laohu8.com/S/03333\">EVERGRANDE</a> subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.</p>\n<p>Evergrande is discussing with state-owned and private companies to sell stakes in its&nbsp;new-energy vehicle&nbsp;and&nbsp;property service&nbsp;units, both listed in Hong Kong, Reuters reported, citing an unidentified source. Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.</p>\n<p>The property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.</p>\n<p><img src=\"https://static.tigerbbs.com/629c2e013050a6e31a9bf4bb452a7f2c\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"></p>\n<p>“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.</p>\n<p>Evergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be&nbsp;consolidated&nbsp;triggered another slump in the developer’s bonds.</p>\n<p>Potential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.</p>\n<p>While the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary&nbsp;net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.</p>\n<p>Evergrande is struggling to allay concerns by investors and ratings firms. S&amp;P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. It’s the second downgrade by S&amp;P in less than two weeks and follows similar moves by Fitch and Moody’s Investors Service.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Evergrande Units, Bonds Surge on Report of Units’ Stake Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEvergrande Units, Bonds Surge on Report of Units’ Stake Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-10 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146451488","content_text":"Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and private companies to sell stakes in its new-energy vehicle and property service units, both listed in Hong Kong, Reuters reported, citing an unidentified source. Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.\nThe property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.\n\n“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.\nEvergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be consolidated triggered another slump in the developer’s bonds.\nPotential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.\nWhile the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.\nEvergrande is struggling to allay concerns by investors and ratings firms. S&P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. It’s the second downgrade by S&P in less than two weeks and follows similar moves by Fitch and Moody’s Investors Service.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5479813,"gmtCreate":1628569618847,"gmtModify":1663232162335,"authorId":3585127942017480,"author":{"id":3585127942017480,"idStr":"3585127942017480","authorId":3585127942017480,"name":"YZhaha","avatar":"https://static.tigerbbs.com/08cee1db756241b9381616d4ba879bb1","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.04","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":896882643,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":896888168,"gmtCreate":1628569123754,"gmtModify":1703508285808,"author":{"id":"4090202836844260","authorId":"4090202836844260","name":"jhkaine","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4090202836844260","idStr":"4090202836844260"},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/896888168","repostId":1146451488,"repostType":4,"repost":{"id":"1146451488","kind":"news","pubTimestamp":1628565827,"share":"https://ttm.financial/m/news/1146451488?lang=&edition=fundamental","pubTime":"2021-08-10 11:23","market":"hk","language":"en","title":"Evergrande Units, Bonds Surge on Report of Units’ Stake Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1146451488","media":"Bloomberg","summary":"Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported th","content":"<p>Stocks of&nbsp;<a href=\"https://laohu8.com/S/03333\">EVERGRANDE</a> subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.</p>\n<p>Evergrande is discussing with state-owned and private companies to sell stakes in its&nbsp;new-energy vehicle&nbsp;and&nbsp;property service&nbsp;units, both listed in Hong Kong, Reuters reported, citing an unidentified source. Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.</p>\n<p>The property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.</p>\n<p><img src=\"https://static.tigerbbs.com/629c2e013050a6e31a9bf4bb452a7f2c\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"></p>\n<p>“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.</p>\n<p>Evergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be&nbsp;consolidated&nbsp;triggered another slump in the developer’s bonds.</p>\n<p>Potential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.</p>\n<p>While the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary&nbsp;net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.</p>\n<p>Evergrande is struggling to allay concerns by investors and ratings firms. S&amp;P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. It’s the second downgrade by S&amp;P in less than two weeks and follows similar moves by Fitch and Moody’s Investors Service.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Evergrande Units, Bonds Surge on Report of Units’ Stake Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEvergrande Units, Bonds Surge on Report of Units’ Stake Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-10 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146451488","content_text":"Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and private companies to sell stakes in its new-energy vehicle and property service units, both listed in Hong Kong, Reuters reported, citing an unidentified source. Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.\nThe property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.\n\n“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.\nEvergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be consolidated triggered another slump in the developer’s bonds.\nPotential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.\nWhile the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.\nEvergrande is struggling to allay concerns by investors and ratings firms. S&P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. It’s the second downgrade by S&P in less than two weeks and follows similar moves by Fitch and Moody’s Investors Service.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5479766,"gmtCreate":1628569257194,"gmtModify":1663232163043,"authorId":3579425512905776,"author":{"id":3579425512905776,"idStr":"3579425512905776","authorId":3579425512905776,"name":"Sfun","avatar":"https://static.tigerbbs.com/677878018d08b9f3288b2153431bff4a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":896888168,"type":1,"supId":0,"prevId":0,"content":"oj<u>a</u>","text":"oj<u>a</u>","html":"oj<u>a</u>"}],"langContent":"EN"},{"id":896817549,"gmtCreate":1628568635581,"gmtModify":1703508279690,"author":{"id":"4087263927700590","authorId":"4087263927700590","name":"Kennypang92","avatar":"https://static.tigerbbs.com/be100a8f75ff1601b99932f9128063af","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4087263927700590","idStr":"4087263927700590"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/896817549","repostId":1146451488,"repostType":4,"repost":{"id":"1146451488","kind":"news","pubTimestamp":1628565827,"share":"https://ttm.financial/m/news/1146451488?lang=&edition=fundamental","pubTime":"2021-08-10 11:23","market":"hk","language":"en","title":"Evergrande Units, Bonds Surge on Report of Units’ Stake Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1146451488","media":"Bloomberg","summary":"Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported th","content":"<p>Stocks of&nbsp;<a href=\"https://laohu8.com/S/03333\">EVERGRANDE</a> subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.</p>\n<p>Evergrande is discussing with state-owned and private companies to sell stakes in its&nbsp;new-energy vehicle&nbsp;and&nbsp;property service&nbsp;units, both listed in Hong Kong, Reuters reported, citing an unidentified source. Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.</p>\n<p>The property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.</p>\n<p><img src=\"https://static.tigerbbs.com/629c2e013050a6e31a9bf4bb452a7f2c\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"></p>\n<p>“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.</p>\n<p>Evergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be&nbsp;consolidated&nbsp;triggered another slump in the developer’s bonds.</p>\n<p>Potential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.</p>\n<p>While the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary&nbsp;net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.</p>\n<p>Evergrande is struggling to allay concerns by investors and ratings firms. S&amp;P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. It’s the second downgrade by S&amp;P in less than two weeks and follows similar moves by Fitch and Moody’s Investors Service.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Evergrande Units, Bonds Surge on Report of Units’ Stake Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEvergrande Units, Bonds Surge on Report of Units’ Stake Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-10 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146451488","content_text":"Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and private companies to sell stakes in its new-energy vehicle and property service units, both listed in Hong Kong, Reuters reported, citing an unidentified source. Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.\nThe property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.\n\n“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.\nEvergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be consolidated triggered another slump in the developer’s bonds.\nPotential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.\nWhile the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.\nEvergrande is struggling to allay concerns by investors and ratings firms. S&P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. It’s the second downgrade by S&P in less than two weeks and follows similar moves by Fitch and Moody’s Investors Service.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5479703,"gmtCreate":1628568924814,"gmtModify":1663232160538,"authorId":3573733574332120,"author":{"id":3573733574332120,"idStr":"3573733574332120","authorId":3573733574332120,"name":"gkwok1902","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.05","exceedPercentage":"80.52%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":896817549,"type":1,"supId":0,"prevId":0,"content":"Okay","text":"Okay","html":"Okay"}],"langContent":"EN"},{"id":896890818,"gmtCreate":1628566055034,"gmtModify":1703508238684,"author":{"id":"4087537231786360","authorId":"4087537231786360","name":"土金水木火","avatar":"https://static.tigerbbs.com/b569dff568eac68113202875c896b710","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4087537231786360","idStr":"4087537231786360"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896890818","repostId":1146451488,"repostType":4,"repost":{"id":"1146451488","kind":"news","pubTimestamp":1628565827,"share":"https://ttm.financial/m/news/1146451488?lang=&edition=fundamental","pubTime":"2021-08-10 11:23","market":"hk","language":"en","title":"Evergrande Units, Bonds Surge on Report of Units’ Stake Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1146451488","media":"Bloomberg","summary":"Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported th","content":"<p>Stocks of&nbsp;<a href=\"https://laohu8.com/S/03333\">EVERGRANDE</a> subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.</p>\n<p>Evergrande is discussing with state-owned and private companies to sell stakes in its&nbsp;new-energy vehicle&nbsp;and&nbsp;property service&nbsp;units, both listed in Hong Kong, Reuters reported, citing an unidentified source. Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.</p>\n<p>The property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.</p>\n<p><img src=\"https://static.tigerbbs.com/629c2e013050a6e31a9bf4bb452a7f2c\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"></p>\n<p>“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.</p>\n<p>Evergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be&nbsp;consolidated&nbsp;triggered another slump in the developer’s bonds.</p>\n<p>Potential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.</p>\n<p>While the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary&nbsp;net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.</p>\n<p>Evergrande is struggling to allay concerns by investors and ratings firms. S&amp;P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. It’s the second downgrade by S&amp;P in less than two weeks and follows similar moves by Fitch and Moody’s Investors Service.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Evergrande Units, Bonds Surge on Report of Units’ Stake Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEvergrande Units, Bonds Surge on Report of Units’ Stake Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-10 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-10/evergrande-in-talks-to-sell-stakes-in-assets-reuters-reports","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146451488","content_text":"Stocks of EVERGRANDE subsidiaries and the developer’s bonds surged Tuesday after Reuters reported that the company was in sale talks with investors.\nEvergrande is discussing with state-owned and private companies to sell stakes in its new-energy vehicle and property service units, both listed in Hong Kong, Reuters reported, citing an unidentified source. Evergrande is also seeking buyers for its urban renewal projects in Shenzhen, Reuters cited two sources as saying.\nThe property management arm jumped as much as 15.8% in morning trading in Hong Kong, while the EV startup spiked as much as 10.5%. The developer’s 6.98% onshore bond due 2022 climbed 11.7%, setting for the biggest gain ever, and its 8.75% dollar bond due 2025 rose 1.7 cents on the dollar to 42.16 cents, set to reverse three days of declines, Bloomberg-compiled prices show.\n\n“This could be a positive catalyst to ease some investors’ concerns on its liquidity woes,” said Patrick Wong, a Bloomberg Intelligence analyst.\nEvergrande has been offloading assets and listing units in an attempt to stave off a cash crunch. Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Last week, a Caixin report saying that creditor lawsuits against Evergrande would be consolidated triggered another slump in the developer’s bonds.\nPotential sources of future funding for Evergrande include placements for its listed electric vehicle and property management units, and initial public offering for operations including its beverage business, FCB, and amusement park and tourism properties, Fitch Ratings said earlier. The Shenzhen-based developer has some $80 billion worth of equity in non-property businesses that could help generate liquidity if sold, Agnes Wong, a Hong Kong-based analyst with BNP Paribas SA, wrote in a June report.\nWhile the EV unit is one of the better valued assets of Evergrande. It reported a widening preliminary net lossfor the first half of about 4.8 billion yuan ($740 million), almost double that of a year earlier, according to a filing late Monday. The loss was mainly attributable to development of new EV businesses “in its early investment stage,” it said.\nEvergrande is struggling to allay concerns by investors and ratings firms. S&P Global Ratings cut Evergrande by two levels to CCC last week, just four notches above the designation for defaulted borrowers. It’s the second downgrade by S&P in less than two weeks and follows similar moves by Fitch and Moody’s Investors Service.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":169,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}