|Bid||3.200 x 0|
|Ask||3.210 x 0|
|Day's Range||3.020 - 3.330|
|52 Week Range||1.660 - 29.650|
|Beta (5Y Monthly)||1.16|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 25, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 04, 2014|
|1y Target Est||N/A|
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China Evergrande New Energy Vehicle Group said it will start accepting orders for its inaugural electric car, the Hengchi 5 sport utility vehicle, "imminently" and open sales centres in 15 major cities across the country. Liu Yongzhuo, president of the electric vehicle (EV) arm of the world's most indebted property developer China Evergrande Group, made the comment at an online meeting attended by nearly 200 global parts suppliers on Sunday, according to the firm's official Wechat account. Evergrande told investors in a call last week it was trying to rope in investors to help bolster the unit's finances - a goal it has been pursuing for months without much success.
China Evergrande Group and its financial advisers will hold a call with investors at 9 pm (1300 GMT) on Wednesday, sources said, the first such call since it defaulted on some dollar bond payments last month. Evergrande, once China's top selling real estate developer, has more than $300 billion in liabilities, including nearly $20 billion of international bonds all deemed to be in default. Its debt crisis has engulfed other Chinese developers and roiled global financial markets over the past year, and contributed to a sharp slump in China's property market.
China Evergrande Group on Monday sought more time from its offshore bondholders to work on a "comprehensive" and "effective" debt restructuring plan, amid signs Beijing is tightening control over the cash-strapped property group. Evergrande, once China's top selling real estate developer, has more than $300 billion in liabilities, including nearly $20 billion of international bonds all deemed to be in default after a run of missed payments late last year.