China's Yonggao hits 19-mth low, vows to sue Evergrande over unpaid bills-To The Moon - Tiger Brokers Online Investing Community - To The Moon

54
4
Favorite

China's Yonggao hits 19-mth low, vows to sue Evergrande over unpaid bills

Reuters2021-08-25

** Shares of Shenzhen-listed piping supplier fall as much as 9.9% to 5.09 yuan, the lowest since January 2020

** Stock set for biggest daily pct decline since February 2020, and on track for second session of losses

** Debt-laden developer China Evergrande Group has failed to pay some overdue bills, Yonggao 002641.SZ> said, in latest sign of a cash crunch at the teetering builder

** In an exchange filing, Yonggao said it is owed 478 mln yuan ($73.8 mln) in commercial bills, of which 195 mln yuan is overdue; it added it could sue the developer and has stopped deliveries since May

** Evergrande did not immediately respond to a Reuters request for comment

** Shares of China Evergrande fall 2.2% to HK$4.38

** China's blue-chip CSI300 index slips 0.1%

** Hong Kong Hang Seng sub-index tracking property firms eases 0.4% and Hang Seng Composite Index tracking properties and construction stocks slips 0.01%

** Hang Seng China Enterprises Index declines 0.6% and benchmark index slides 0.4%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

54

Report

Comment（4）

BullishKing
·2021-08-25
Aiyo...
Reply
Like
Report
GucciBoy
·2021-08-25
Follow me for free trade updates and analysis daily!
Reply
1
Report
gstrader
·2021-08-25
Nice
Reply
5
Report
Fold Replies
- Andersonkana:
  nice
  2021-08-25
  Reply
  Report
Jacjacjacjac
·2021-08-25
Good
Reply
6
Report

Most Discussed

7x24

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2162039529?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-08-25 13:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2162039529","market":"hk","top_or_hot":-1,"title":"China's Yonggao hits 19-mth low, vows to sue Evergrande over unpaid bills","media":"Reuters","content":"<p>** Shares of Shenzhen-listed piping supplier fall as much as 9.9% to 5.09 yuan, the lowest since January 2020</p>\n<p>** Stock set for biggest daily pct decline since February 2020, and on track for second session of losses</p>\n<p>** Debt-laden developer <a href=\"https://laohu8.com/S/EGRNF\">China Evergrande Group</a> has failed to pay some overdue bills, Yonggao 002641.SZ&gt; said, in latest sign of a cash crunch at the teetering builder</p>\n<p>** In an exchange filing, Yonggao said it is owed 478 mln yuan ($73.8 mln) in commercial bills, of which 195 mln yuan is overdue; it added it could sue the developer and has stopped deliveries since May</p>\n<p>** Evergrande did not immediately respond to a Reuters request for comment</p>\n<p>** Shares of China Evergrande fall 2.2% to HK$4.38</p>\n<p>** China's blue-chip CSI300 index slips 0.1%</p>\n<p>** Hong Kong Hang Seng sub-index tracking property firms&nbsp;eases 0.4% and Hang Seng Composite Index tracking properties and construction stocks&nbsp;slips 0.01%</p>\n<p>** Hang Seng China Enterprises Index declines 0.6% and benchmark index slides 0.4%</p>","source":null,"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>China's Yonggao hits 19-mth low, vows to sue Evergrande over unpaid bills</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\">\nChina's Yonggao hits 19-mth low, vows to sue Evergrande over unpaid bills\n</h2>\n\n<h4 class=\"meta\">\n\n2021-08-25 13:15 北京时间&nbsp;&nbsp;&nbsp;<strong>Reuters</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>** Shares of Shenzhen-listed piping supplier fall as much as 9.9% to 5.09 yuan, the lowest since January 2020\n** Stock set for biggest daily pct decline since February 2020, and on track for second ...</p>\n\n<a href=\"None\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03333","symbol_name":"中国恒大","start_time":0,"source_url":null,"article_id":"2162039529","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2162039529","pubTimestamp":1629868516,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"** Shares of Shenzhen-listed piping supplier fall as much as 9.9% to 5.09 yuan, the lowest since Jan","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03333":"中国恒大"},"translate_title":"中国永高创下第19个新低，誓言起诉恒大拖欠账单","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03333":0.9},"content_text":"** Shares of Shenzhen-listed piping supplier fall as much as 9.9% to 5.09 yuan, the lowest since January 2020\n** Stock set for biggest daily pct decline since February 2020, and on track for second session of losses\n** Debt-laden developer China Evergrande Group has failed to pay some overdue bills, Yonggao 002641.SZ> said, in latest sign of a cash crunch at the teetering builder\n** In an exchange filing, Yonggao said it is owed 478 mln yuan ($73.8 mln) in commercial bills, of which 195 mln yuan is overdue; it added it could sue the developer and has stopped deliveries since May\n** Evergrande did not immediately respond to a Reuters request for comment\n** Shares of China Evergrande fall 2.2% to HK$4.38\n** China's blue-chip CSI300 index slips 0.1%\n** Hong Kong Hang Seng sub-index tracking property firms eases 0.4% and Hang Seng Composite Index tracking properties and construction stocks slips 0.01%\n** Hang Seng China Enterprises Index declines 0.6% and benchmark index slides 0.4%","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":837835922,"gmtCreate":1629872149266,"gmtModify":1676530158319,"author":{"id":"3580988274582448","authorId":"3580988274582448","name":"BullishKing","avatar":"https://community-static.tradeup.com/news/8e57a03283c997f83948f8c331be008d","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Aiyo...","listText":"Aiyo...","text":"Aiyo...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837835922","repostId":2162039529,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":837839304,"gmtCreate":1629871599608,"gmtModify":1676530158183,"author":{"id":"4092461023578660","authorId":"4092461023578660","name":"GucciBoy","avatar":"https://static.tigerbbs.com/c53a0103e20fdf85a4411a94c41c74c0","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Follow me for free trade updates and analysis daily!","listText":"Follow me for free trade updates and analysis daily!","text":"Follow me for free trade updates and analysis daily!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837839304","repostId":2162039529,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":837177461,"gmtCreate":1629869689353,"gmtModify":1676530157516,"author":{"id":"4089071665449880","authorId":"4089071665449880","name":"gstrader","avatar":"https://static.tigerbbs.com/bc1dc8a3139d4e25f88ab3d2add3f335","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837177461","repostId":2162039529,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5642403,"gmtCreate":1629870473507,"gmtModify":1663232885244,"authorId":4088599389256890,"author":{"id":4088599389256890,"authorId":4088599389256890,"name":"Andersonkana","avatar":"https://static.tigerbbs.com/21e08c99709245ba5acdcf7245d9c40f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":837177461,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"EN"},{"id":837176041,"gmtCreate":1629869272683,"gmtModify":1676530157414,"author":{"id":"3575020360100013","authorId":"3575020360100013","name":"Jacjacjacjac","avatar":"https://static.tigerbbs.com/6407ac926adff6fe15f2b6904fd16fef","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":1,"crmLevelSwitch":0},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837176041","repostId":2162039529,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":54,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}