{"id":61872,"date":"2017-07-26T14:00:46","date_gmt":"2017-07-26T07:00:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-shares-soar-on-forecast-its-profit-would-triple\/"},"modified":"2017-07-26T14:10:26","modified_gmt":"2017-07-26T07:10:26","slug":"evergrande-shares-soar-on-forecast-its-profit-would-triple","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-shares-soar-on-forecast-its-profit-would-triple\/","title":{"rendered":"Evergrande shares soar on forecast its profit would triple"},"content":{"rendered":"


\nShares of China Evergrande Group jumped by the most in almost two months on the Hong Kong stock exchange, after the developer said its first-half profit would triple, driven by China\u2019s soaring property prices and increasing sales.
\nEvergrande shares jumped as much as 15.2 per cent to an intraday high of HK$20.40 in Hong Kong. The stock price had quadrupled in the past year, boosting the company\u2019s market valuation to HK$260 billion (US$33.3 billion).
\nGuangzhou-based Evergrande\u2019s…
\n
\nSource : South China Morning Post
\nRead more…Evergrande shares soar on forecast its profit would triple<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shares of China Evergrande Group jumped by the most in almost two months on the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-61872","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-g5W","jetpack-related-posts":[{"id":56514,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estatess-subsidiary-pockets-hk26m-windfall-profit-from-fast-trades-in-evergrande\/","url_meta":{"origin":61872,"position":0},"title":"Chinese Estates\u2019s subsidiary pockets HK$26m windfall profit from fast trades in Evergrande","date":"May 31, 2017","format":false,"excerpt":"\r Chinese Estates Holdings, controlled by Hong Kong property tycoon Joseph Lau Luen-hung\u2019s wife Chan Hoi-wan, has become a big winner in China Evergrande Group share price surge, making a profit of more than HK$26 million (US$3.34 million) in just a few days. Records from the Hong Kong stock exchange\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121478,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estates-run-by-family-of-fugitive-tycoon-joseph-lau-swings-from-interim-profit-to-loss-as-its-evergrande-shares-plummet\/","url_meta":{"origin":61872,"position":1},"title":"Chinese Estates, run by family of fugitive tycoon Joseph Lau, swings from interim profit to loss as its Evergrande shares plummet","date":"August 16, 2021","format":false,"excerpt":"\r Chinese Estates Holdings, a Hong Kong developer controlled by the family of fugitive property tycoon Joseph Lau Luen-hung, has swung from profit to loss after getting burned by stock market investments including China Evergrande\u2019s plummeting shares.The company posted an interim loss of HK$35.5 million (US$4.56 million) for the six\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84530,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-firm-chinese-estates-increases-stake-in-china-evergrande\/","url_meta":{"origin":61872,"position":2},"title":"Hong Kong property firm Chinese Estates increases stake in China Evergrande","date":"April 4, 2018","format":false,"excerpt":"\r Hong Kong property firm Chinese Estates Holdings and its executive director Chan Hoi-wan have raised their stake in mainland Chinese property developer China Evergrande to 8 per cent in the past 12 months, spending a total of HK$18 billion (US$2.3 billion). Chan, the wife of former Chinese Estates chairman\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119840,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-ev-war-evergrande-raises-us3-35-billion-in-plan-to-dominate-tesla-nio-and-other-home-rivals\/","url_meta":{"origin":61872,"position":3},"title":"China EV war: Evergrande raises US$3.35 billion in plan to dominate Tesla, NIO and other home rivals","date":"January 24, 2021","format":false,"excerpt":"\r China Evergrande is taking a step further in its ambitious plan to conquer the global electric vehicle (EV) market by making one of its biggest fundraisings yet from six private investors since switching its focus from the health care business in 2018.China Evergrande New Energy Vehicle Group, the developer\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122422,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estates-offers-to-take-firm-private-after-selling-stake-in-debt-ridden-china-evergrande-at-loss\/","url_meta":{"origin":61872,"position":4},"title":"Chinese Estates offers to take firm private after selling stake in debt-ridden China Evergrande at loss","date":"October 6, 2021","format":false,"excerpt":"\r The family of Hong Kong magnate Joseph Lau Luen-hung is planning to take Chinese Estates Holdings private and on Wednesday offered an 83.5 per cent premium for shares held by minority owners.The family is offering HK$4 apiece to public investors in the Hong Kong-listed company, whose stock closed at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57090,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-hits-another-high-on-aggressive-debt-repayment\/","url_meta":{"origin":61872,"position":5},"title":"Evergrande hits another high on aggressive debt repayment","date":"June 6, 2017","format":false,"excerpt":"\r China Evergrande Group shares hit another all-time high on Tuesday as the developer vows to repay all of its perpetual bond by the end of June. Prices once surged by as much as 9 per cent in early trading in Hong Kong to touch HK$17.36, but tapered off at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61872"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=61872"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61872\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=61872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=61872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=61872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}