Zhongxin Jingwei, May 27, Mondaytopcryptogamesbyusers,"Evergrande Department" skyrocketed!
As of noon trading in Hong Kong stockstopcryptogamesbyusers, the Hang Seng Index rose 0.0% in middaytopcryptogamesbyusers.31% reported 18,665topcryptogamesbyusers.79 points, the Hang Seng Technology Index rose 0.08% to 3,802.52 points, and the Hang Seng China Enterprises Index rose 0.31% to 6,625.5 points.
The "Evergrande Series" soared. Evergrande Motors once rose by more than 110% after resuming trading, and closed up by more than 81% at noon. In addition, Evergrande Property opened nearly 12% higher on Monday, and the increase once exceeded 21% in the morning.
On the news front, Evergrande Motor announced on the 26th that the company's 3.145 billion potential sale shares (accounting for approximately 29.0% of all issued shares) will be acquired immediately, and 3.203 billion potential sale shares (accounting for approximately 29.5% of all issued shares) will become an exercisable option for the potential buyer within a certain period after the date of the sale and purchase agreement.
The announcement stated that potential buyers (or another party designated by them with the company's consent) will provide credit to the company to support the Group's continued operation and development of the Group's electric vehicle business.
China Evergrande announced on the Hong Kong Stock Exchange at noon on the 27th that the company and potential sellers will enter into a non-binding term with the potential buyer on May 16, and may enter into a final sale and purchase agreement on the shares of China Evergrande New Energy Automobile Group Co., Ltd. held by the potential sellers. The potential transaction is pending further due diligence and the signing of the sale and purchase agreement, and is subject to the terms and conditions of the agreement, so the potential transaction may or may not proceed. The company advises shareholders and potential investors to be cautious when buying and selling the company's shares. China Evergrande shares will continue to be suspended.
