|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||0.2000 - 0.2500|
|52-week range||0.1700 - 4.0000|
|Beta (5Y monthly)||1.29|
|PE ratio (TTM)||1.27|
|Forward dividend & yield||0.02 (10.55%)|
|Ex-dividend date||16 Jun 2021|
|1y target est||N/A|
China Evergrande Group said on Friday that it was hiring more financial and legal advisers to help it with demands from creditors, after a key group of its international creditors threatened to take legal action if it did not show more urgency. The company said in a stock market statement that it was proposing to engage China International Capital Corp Ltd and BOCI Asia Ltd as financial advisers, and Zhong Lun Law Firm LLP as legal adviser.
Evergrande bondholders warn of legal action over ‘lack of engagement’. Group says it hopes going public will prompt action from heavily indebted property developer
A key group of China Evergrande's international creditors said on Thursday they were ready to take "all necessary actions" to defend their rights if the property developer did not show more urgency to resolve a default. Evergrande is the world's most indebted property company, with more than $300 billion in total liabilities, which include nearly $20 billion of international bonds all deemed to be in default after a run of missed payments late last year. The creditor group, represented by law firm Kirkland & Ellis and investment bank Moelis, said in a statement it had to "seriously consider" enforcement action after a lack of engagement by the firm at the heart of China's property crisis.