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China Evergrande Group ( (HK:3333) ) just unveiled an update.
China Evergrande Group has announced the appointment of joint and several liquidators to its subsidiary, Tianji Holding, following a winding-up order by the High Court of Hong Kong. This move comes amid the continued suspension of trading in the company’s shares, signaling ongoing financial distress and potential implications for stakeholders, including shareholders and creditors, who are advised to exercise caution.
More about China Evergrande Group
China Evergrande Group is a prominent player in the real estate industry, primarily focusing on property development and management. The company is known for its large-scale residential and commercial projects, catering to a wide market in China.
Average Trading Volume: 3,498
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $277M
For an in-depth examination of 3333 stock, go to TipRanks’ Stock Analysis page.