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The latest update is out from China Evergrande Group ( (HK:3333) ).
China Evergrande Group has announced an update regarding a winding-up petition against its subsidiary, Tianji Holding. A court hearing originally set for March 2025 has been rescheduled to February 2025, marking another development in the ongoing legal proceedings stemming from the company’s financial struggles. The trading of China Evergrande’s shares remains suspended, emphasizing the company’s precarious financial position and continuing impact on investors and stakeholders.
More about China Evergrande Group
China Evergrande Group is a prominent real estate developer based in China, engaged in residential property development and a range of related services. The company has been a major player in the Chinese real estate market, with extensive operations and numerous subsidiaries.
YTD Price Performance: 0%
Average Trading Volume: 2,848
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $276.1M
For a thorough assessment of 3333 stock, go to TipRanks’ Stock Analysis page.