Kaisa Group Holdings Ltd. (1638.HK)
Chart Events
Performance Outlook
| Previous Close | 0.760 |
| Open | 0.800 |
| Bid | 0.840 x 0 |
| Ask | 0.850 x 0 |
| Day's Range | 0.760 - 0.910 |
| 52 Week Range | 0.500 - 3.010 |
| Volume | |
| Avg. Volume | 0 |
| Market Cap | 5.891B |
| Beta (5Y Monthly) | 1.14 |
| PE Ratio (TTM) | 0.99 |
| EPS (TTM) | 0.845 |
| Earnings Date | Mar 25, 2021 |
| Forward Dividend & Yield | 0.15 (17.75%) |
| Ex-Dividend Date | Nov 29, 2021 |
| 1y Target Est | 0.67 |
- Reuters
China's cash-strapped Kaisa in strategic pact with state firms
Cash-strapped Kaisa Group entered into a strategic co-operation agreement with state-owned China Merchants Shekou Industrial Zone Holdings and China Great Wall Asset Management on joint venture arrangements and asset acquisitions. Analysts said Kaisa's move could set an example for other distressed property developers, including China Evergrande Group and Shimao Group, to introduce state-owned enterprises or local governments for their restructuring. Kaisa said in a filing late on Tuesday the cooperation agreement will include new opportunities in property development in the Greater Bay Area, as well as other businesses such as cultural tourism and ferry.
- Reuters
Kaisa becomes latest China developer to delay earnings results; shares slide
HONG KONG (Reuters) -Cash-strapped Kaisa Group Holdings Ltd has joined a growing list of Chinese property developers unable to publish 2021 audited earnings by March 31 as required by listing rules, deepening market concern about the sector's financial health. Kaisa late on Tuesday said a virus lockdown in Shenzhen left audit work incomplete so it cannot publish financial results on time. In a filing, it said trading of its shares in Hong Kong will therefore be suspended from April 1 as per bourse rules.
- South China Morning Post
Embattled developer Kaisa Group to resume construction at project in Foshan after receiving funds held in escrow accounts
Embattled Chinese developer Kaisa Group has pledged to resume construction at a project in Foshan in the southern province of Guangdong after funds held in escrow accounts were returned to it. The development comes hot on the heels of reports last week that China was moving to ease a severe crash crunch in the property sector, giving developers much-needed breathing space. "After friendly negotiations with the government and regulatory banks, the presale payments [for the project] have been retu
