Benj90
2021-07-27
Noted
UBS Analysts Who Predicted Evergrande Rout See Another 40% Drop
免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
我们需要你的真知灼见来填补这片空白
打开APP，发表看法
APP内打开
发表看法
3
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":809450018,"tweetId":"809450018","gmtCreate":1627388969934,"gmtModify":1633765495734,"author":{"id":3585205825397095,"idStr":"3585205825397095","authorId":3585205825397095,"authorIdStr":"3585205825397095","name":"Benj90","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":2,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Noted</p></body></html>","htmlText":"<html><head></head><body><p>Noted</p></body></html>","text":"Noted","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/809450018","repostId":1113843142,"repostType":4,"repost":{"id":"1113843142","pubTimestamp":1627387908,"share":"https://www.laohu8.com/m/news/1113843142?lang=&edition=full","pubTime":"2021-07-27 20:11","market":"hk","language":"en","title":"UBS Analysts Who Predicted Evergrande Rout See Another 40% Drop","url":"https://stock-news.laohu8.com/highlight/detail?id=1113843142","media":"Bloomberg","summary":"Evergrande price target cut to HK$3.5 by banks’ analysts\nS&P reduced Evergrande credit ratings follo","content":"<ul>\n <li>Evergrande price target cut to HK$3.5 by banks’ analysts</li>\n <li>S&P reduced Evergrande credit ratings following other agencies</li>\n</ul>\n<p>UBS Group AG analysts who correctly predicted in January that China Evergrande Group’s stock would lose more than half its value now say the selloff has a lot further to run.</p>\n<p>The Swiss bank slashed its 12-month target price to HK$3.5 ($0.45) from HK$6 while maintaining a sell rating, according to a research report led by analyst John Lam. The new target is 40% lower than Evergrande’s closing price on Monday.</p>\n<p>The world’s most indebted developer has struggled to reassure markets about its financial health. Both equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Evergrande’s credit rating was cut by S&P Global Ratings late Monday, the third downgrade by an international agency in about a month.</p>\n<p>UBS declined to comment. Evergrande didn’t immediately respond to a request for comment out of business hours on Tuesday.</p>\n<p>With 77% of Evergrande’s liabilities due within 12 months, the developer may continue to cut property prices to stimulate pre-sales, which will substantially erode earnings and margins, the UBS analysts wrote. Evergrande’s total liabilities -- which includes commercial bills and other short-term payables -- grew to a record 1.95 trillion yuan last year, even as the company reduced its pile of interest-paying debt.</p>\n<p>Evergrande’s contract sales will probably remain steady this year at about 723 billion yuan, followed by a 10% decline in each of the next two years, the analysts wrote. Evergrande has said it aims to reach 750 billion yuan of contract sales this year.</p>\n<p>Evergrande shares closed 13.4% lower on Tuesday after the company surprised investors by deciding against a special dividend. The closing price of HK$5.8 was the lowest since March 2017.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UBS Analysts Who Predicted Evergrande Rout See Another 40% Drop</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUBS Analysts Who Predicted Evergrande Rout See Another 40% Drop\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 20:11 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-07-27/ubs-analysts-who-predicted-evergrande-rout-see-another-40-drop?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Evergrande price target cut to HK$3.5 by banks’ analysts\nS&P reduced Evergrande credit ratings following other agencies\n\nUBS Group AG analysts who correctly predicted in January that China Evergrande ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-27/ubs-analysts-who-predicted-evergrande-rout-see-another-40-drop?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-27/ubs-analysts-who-predicted-evergrande-rout-see-another-40-drop?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113843142","content_text":"Evergrande price target cut to HK$3.5 by banks’ analysts\nS&P reduced Evergrande credit ratings following other agencies\n\nUBS Group AG analysts who correctly predicted in January that China Evergrande Group’s stock would lose more than half its value now say the selloff has a lot further to run.\nThe Swiss bank slashed its 12-month target price to HK$3.5 ($0.45) from HK$6 while maintaining a sell rating, according to a research report led by analyst John Lam. The new target is 40% lower than Evergrande’s closing price on Monday.\nThe world’s most indebted developer has struggled to reassure markets about its financial health. Both equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. Evergrande’s credit rating was cut by S&P Global Ratings late Monday, the third downgrade by an international agency in about a month.\nUBS declined to comment. Evergrande didn’t immediately respond to a request for comment out of business hours on Tuesday.\nWith 77% of Evergrande’s liabilities due within 12 months, the developer may continue to cut property prices to stimulate pre-sales, which will substantially erode earnings and margins, the UBS analysts wrote. Evergrande’s total liabilities -- which includes commercial bills and other short-term payables -- grew to a record 1.95 trillion yuan last year, even as the company reduced its pile of interest-paying debt.\nEvergrande’s contract sales will probably remain steady this year at about 723 billion yuan, followed by a 10% decline in each of the next two years, the analysts wrote. Evergrande has said it aims to reach 750 billion yuan of contract sales this year.\nEvergrande shares closed 13.4% lower on Tuesday after the company surprised investors by deciding against a special dividend. The closing price of HK$5.8 was the lowest since March 2017.","news_type":1},"isVote":1,"tweetType":1,"viewCount":19,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":5,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/809450018"}
精彩评论