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Last updated on April 16, 2014 at 12:22 EDT

Latest Evergrande Real Estate Group Stories

2013-01-09 08:27:54

BEIJING, Jan. 9, 2013 /PRNewswire/ -- After the 18(th) CPC National Congress convened, the media attached great importance to new urban construction, an issue that concerned the public after it was listed in the national strategic plan. Due to such policy, China's real estate industry will step back from its "Golden Times" after years of fast development and several rounds of strict government controls, which will bring brand-new opportunities for development. It is widely believed that...

2012-11-07 12:28:47

BEIJING, Nov. 7, 2012 /PRNewswire/ -- Sina Leju today reported on the latest happenings in the local real estate market. According to the sales presentation for October of 2012, released on 6 November by Evergrande Real Estate?3333.HK?, the sales amount achieved by Evergrande in October surpassed RMB10 billion again and accounted for RMB14.26 billion, ranking first in China. With a 65.6% growth year-on-year in October and 75.6% growth on a month-on-month basis, Evergrande has set up...

2012-11-06 20:22:58

BEIJING, Nov. 6, 2012 /PRNewswire/ -- With the continuous development of macro control policies in China the real estate investment market is continuing its downward trend. Rigid demands have been greatly eased and are the topic du jour of investors. Evergrande Real Estate (3333.HK), which insists on a democratic development strategy, has been awarded the "double championship" in sales and selling areas in October, continuing to take the lead in the real estate market in China. An...

2012-07-04 06:20:31

BEIJING, July 4, 2012 /PRNewswire-Asia/ -- Sina Leju today issued a report further commenting on Evergrande real estate. Statements made by Citron Research, a rumored short-seller in the U.S.A., on Evergrande previously resulted in a substantial fluctuation in the stock price. After Evergrande successfully weathered the storm, the stock price stabilized and increased with each passing day. By the close of the market on July 4, the stock price of Evergrande had increased by 3.02%,...

2012-06-28 22:20:38

BEIJING, June 29, 2012 /PRNewswire-Asia/ -- Sina Leju today issued a report further commenting on Evergrande real estate. On June 21, Citron released a report of 57 pages, which caused Evergrande to be involved in a short-selling disturbance. In the following 84 hours, Evergrande made a complete and continual response to Citron. Sina Leju notes that the disturbance involved the stock markets of Hong Kong and Mainland China with investment banks worldwide finally coming to the aid of...

2012-06-25 02:24:01

BEIJING, June 25, 2012 /PRNewswire-Asia/ -- Sina Leju today issued a report further discussing the support received by Evergrande from leading investment banks. On June 21, Evergrande (HK.3333) started the general counterattack on the sudden attack from Citron Research, a short-seller in the U.S.A. Sina Leju notes that following a brief clarification announcement on the same day, Evergrande published another detailed clarification announcement on the next day, rebutting the short-selling...

2012-06-21 18:21:46

BEIJING, June 22, 2012 /PRNewswire-Asia/ -- Citron, an international professional short seller company, published a report with a very sensational conclusion on June 21: Evergrande Group, China's largest real estate company listed in Hong Kong stock market, is insolvent and has been reporting false information to investors in the past. This report suffered severe reprimands from the investors and Evergrande once it was published. The meaning of the report is shorting in the overseas-listed...

2012-06-12 02:23:35

BEIJING, June 12, 2012 /PRNewswire-Asia/ -- On June 11, Evergrande released the sales report of May 2012. According to the report, in May, Evergrande achieved the sales volume of 10.37 billion yuan, 1.25 times of the total sales volume in the first quarter, with many sales performance indicators including sales area ranking No.1 throughout the country. With a flow of positive sales expectations in May, the stock price of Evergrande reached closing prices of HKD 4.32 and HKD 4.49 two...

2012-06-11 02:26:33

BEIJING, June 11, 2012 /PRNewswire-Asia/ -- The Chinese real estate market had indications of overall economic rebound in May, and many Chinese real estate enterprises achieved rapid growth in sales performance. Evergrande, always adhering to the sales strategy of fluctuating in line with market conditions, achieved the sales volume of 10.37 billion yuan in May, creating the highest single-month sales record in their history. An original report from Sina Leju follows: According to the...

2012-05-23 06:28:46

BEIJING, May 23, 2012 /PRNewswire-Asia/ -- On May 22, China Real Estate Research Association, China Real Estate Industry Association and China Real Estate Assessment Center jointly released the 2012 Assessment Research Report on Chinese Listed Real Estate Enterprises and the 2010 Comprehensive Strength Ranking of the Top 100 Chinese Real Estate Enterprises. Vanke and Evergrande continued leading the Ranking; plus China Overseas and Poly ranking third and fourth respectively, the positions of...