On the evening of November 15, according to the documents of the Hong Kong stock exchange, Evergrande
property passed the hearing of the Hong Kong stock exchange. Huatai international, UBS, ABC international, CCB international, CITIC Securities and Haitong international are co sponsors. It was reported earlier that Evergrande property raised at least $2 billion, or even up to $3 billion, depending on market conditions.
According to the prospectus, Evergrande is one of the largest and fastest growing comprehensive property management service providers in China. Evergrande property is an all-round property manager, managing a diversified property portfolio, including medium and high-end residential properties, commercial properties, theme parks, industrial parks, health care projects, characteristic towns and schools.
According to an earlier report by China real estate.com, in August 2020, Evergrande property introduced a group of famous strategic investors, including Sequoia Capital, CITIC Capital Holding Co., Ltd., Yunfeng fund, etc.
As of June 30, 2020, the property income of Evergrande is 4.563 billion yuan, the gross profit is 1.737 billion yuan, and the profit in the period is 1.147 billion yuan.