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Kaisa Group Holdings Ltd. (1638.HK)

HKSE - HKSE Delayed price. Currency in HKD
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0.840+0.080 (+10.53%)
At close: 04:08PM HKT
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Previous close0.760
Open0.800
Bid0.840 x 0
Ask0.850 x 0
Day's range0.760 - 0.910
52-week range0.500 - 2.720
Volume43,330,632
Avg. volume0
Market cap5.891B
Beta (5Y monthly)0.94
PE ratio (TTM)0.82
EPS (TTM)1.030
Earnings date25 Aug 2022 - 04 Sept 2022
Forward dividend & yieldN/A (N/A)
Ex-dividend date29 Nov 2021
1y target est0.68
  • 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.

  • Reuters

    Delinquent Shimao, Kaisa units named and shamed as defaults rise

    SHANGHAI (Reuters) -Property firms controlled by developers Shimao Group Holdings, Kaisa Group Holdings and Greenland Group have been named and shamed in a list of Chinese companies "consistently overdue" on commercial paper payments. The total number of such delinquent firms jumped 26% in December from the previous month, according to the list published by the Shanghai Commercial Paper Exchange. The spike in defaults on commercial paper - a popular short-term debt instrument that Chinese developers use to delay payment to suppliers - shows sustained liquidity stress in the real estate sector despite some policy easing.