Previous Close | 2.970 |
Open | 3.000 |
Bid | 2.930 x 0 |
Ask | 2.930 x 0 |
Day's Range | 2.900 - 3.040 |
52 Week Range | 1.000 - 7.000 |
Volume | |
Avg. Volume | 506,988,953 |
Market Cap | 67.825B |
Beta (5Y Monthly) | 0.90 |
PE Ratio (TTM) | 1.42 |
EPS (TTM) | 2.067 |
Earnings Date | Mar 28, 2023 - Apr 03, 2023 |
Forward Dividend & Yield | 0.24 (18.02%) |
Ex-Dividend Date | Jun 07, 2022 |
1y Target Est | 3.36 |
(Bloomberg) -- Country Garden Holdings Co. and its sister company have both seen their stocks triple in value since late October, underscoring optimism about China’s top developer after a series of fundraising and as Beijing widens a property rescue campaign.Most Read from BloombergGoldman to Cut About 3,200 Jobs This Week After Cost ReviewCommodity Ship Heads for Inspection After Suez Canal MishapBrazil Capital Reels After Anti-Lula Rioters Storm CongressUS Safety Agency to Consider Ban on Gas
The Chinese property developer, which for years ranked as the country's top real-estate developer by contracted sales, said Wednesday that it would place 1.78 billion new shares at HK$2.70 apiece, representing a nearly 15% discount to Tuesday's closing price.
Shares of Chinese property developers surged and dollar bonds of developers that haven’t defaulted rose from deeply distressed levels.