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2021-07-27
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Evergrande Board Decides Not to Declare Special Dividend
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It has since seen annual profit drops for 2019 and 2020, with total liabilities swelling to $301 billion.</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>Evergrande Board Decides Not to Declare Special Dividend</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\">\nEvergrande Board Decides Not to Declare Special Dividend\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 09:21 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-07-27/evergrande-board-decides-not-to-declare-special-dividend><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China Evergrande Group decided against declaring a special dividend, as the debt-laden developer faces a slew of negative news from ratings companies, banks and local governments.\nThe board decided to...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-27/evergrande-board-decides-not-to-declare-special-dividend\">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/evergrande-board-decides-not-to-declare-special-dividend","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111466962","content_text":"China Evergrande Group decided against declaring a special dividend, as the debt-laden developer faces a slew of negative news from ratings companies, banks and local governments.\nThe board decided to cancel the special dividend proposal, according to a statement to Hong Kong stock exchange on Tuesday. It took into consideration the current market environment, the rights of the shareholders and creditors, and the long-term development of businesses, it said.\nEvergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. The world’s most indebted developer has struggled to reassure the market that it has ample ammunition to make good on its borrowings while also countering short-sellers. The builder’s credit rating was cut by S&P Global Ratings late Monday, the third downgrade by a global firm in about a month.\nThe decision to forgo the reward to shareholders comes as a surprise. Analysts had earlier reckoned Evergrande may take one of three routes: a cash dividend, a stock dividend or handing out shares in its higher-value listed subsidiaries.\nThe last time Evergrande doled out a special dividend, in 2018, its earnings were soaring, though bearish bets abounded then too. It has since seen annual profit drops for 2019 and 2020, with total liabilities swelling to $301 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":809832616,"gmtCreate":1627356810235,"gmtModify":1633765760037,"author":{"id":"4089715829682450","authorId":"4089715829682450","name":"spotty","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089715829682450","idStr":"4089715829682450"},"themes":[],"htmlText":"😀","listText":"😀","text":"😀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809832616","repostId":"1111466962","repostType":4,"repost":{"id":"1111466962","pubTimestamp":1627348887,"share":"https://www.laohu8.com/m/news/1111466962?lang=&edition=full","pubTime":"2021-07-27 09:21","market":"us","language":"en","title":"Evergrande Board Decides Not to Declare Special Dividend","url":"https://stock-news.laohu8.com/highlight/detail?id=1111466962","media":"Bloomberg","summary":"China Evergrande Group decided against declaring a special dividend, as the debt-laden developer fac","content":"<p>China Evergrande Group decided against declaring a special dividend, as the debt-laden developer faces a slew of negative news from ratings companies, banks and local governments.</p>\n<p>The board decided to cancel the special dividend proposal, according to a statement to Hong Kong stock exchange on Tuesday. It took into consideration the current market environment, the rights of the shareholders and creditors, and the long-term development of businesses, it said.</p>\n<p>Evergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. The world’s most indebted developer has struggled to reassure the market that it has ample ammunition to make good on its borrowings while also countering short-sellers. The builder’s credit rating was cut by S&P Global Ratings late Monday, the third downgrade by a global firm in about a month.</p>\n<p>The decision to forgo the reward to shareholders comes as a surprise. Analysts had earlier reckoned Evergrande may take one of three routes: a cash dividend, a stock dividend or handing out shares in its higher-value listed subsidiaries.</p>\n<p>The last time Evergrande doled out a special dividend, in 2018, its earnings were soaring, though bearish bets abounded then too. It has since seen annual profit drops for 2019 and 2020, with total liabilities swelling to $301 billion.</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>Evergrande Board Decides Not to Declare Special Dividend</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\">\nEvergrande Board Decides Not to Declare Special Dividend\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 09:21 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-07-27/evergrande-board-decides-not-to-declare-special-dividend><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China Evergrande Group decided against declaring a special dividend, as the debt-laden developer faces a slew of negative news from ratings companies, banks and local governments.\nThe board decided to...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-27/evergrande-board-decides-not-to-declare-special-dividend\">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/evergrande-board-decides-not-to-declare-special-dividend","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111466962","content_text":"China Evergrande Group decided against declaring a special dividend, as the debt-laden developer faces a slew of negative news from ratings companies, banks and local governments.\nThe board decided to cancel the special dividend proposal, according to a statement to Hong Kong stock exchange on Tuesday. It took into consideration the current market environment, the rights of the shareholders and creditors, and the long-term development of businesses, it said.\nEvergrande’s equity and bond holders have been rattled in recent weeks by a slew of reports about wary banks and unpaid dues to suppliers. The world’s most indebted developer has struggled to reassure the market that it has ample ammunition to make good on its borrowings while also countering short-sellers. The builder’s credit rating was cut by S&P Global Ratings late Monday, the third downgrade by a global firm in about a month.\nThe decision to forgo the reward to shareholders comes as a surprise. Analysts had earlier reckoned Evergrande may take one of three routes: a cash dividend, a stock dividend or handing out shares in its higher-value listed subsidiaries.\nThe last time Evergrande doled out a special dividend, in 2018, its earnings were soaring, though bearish bets abounded then too. It has since seen annual profit drops for 2019 and 2020, with total liabilities swelling to $301 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
