Evergrande Group
E79649
Evergrande Group is a major Chinese property developer and conglomerate that expanded aggressively into various sectors, including electric vehicles, before becoming one of the world's most indebted real estate companies.
Aliases (4)
Statements (61)
| Predicate | Object |
|---|---|
| instanceOf |
conglomerate
→
public company → real estate company → |
| businessModel |
commercial property development
→
diversified investment → property management → residential property development → |
| chiefExecutiveOfficer |
Xu Jiayin
→
|
| country |
China
→
|
| countryOfOrigin |
China
→
|
| foundedBy |
Xu Jiayin
→
|
| founder |
Xu Jiayin
→
|
| hasBrand |
Evergrande New Energy Vehicle
→
Hengchi → |
| hasCrisis |
Evergrande debt crisis
→
Evergrande liquidity crisis → |
| hasSubsidiary |
Evergrande Health
→
Evergrande New Energy Vehicle Group → Evergrande Real Estate → Hengda Real Estate → |
| headquartersLocation |
China
→
Guangdong NERFINISHED → Shenzhen → |
| industry |
conglomerate
→
construction → electric vehicles → financial services → healthcare → investment → property development → real estate → tourism → |
| legalForm |
public limited company
→
|
| notableFor |
high leverage
→
impact on Chinese real estate market → large debt burden → liquidity crisis → rapid expansion → risk to global financial markets → |
| notableProject |
Evergrande Oasis
→
Evergrande Royal Scenic Peninsula → Evergrande Spring City → |
| operatesIn |
China
→
Hong Kong → mainland China → |
| productOrService |
commercial properties
→
electric vehicles → financial products → healthcare services → property management services → residential apartments → tourism and theme parks → |
| regulatoryIssue |
increased scrutiny by Chinese regulators
→
|
| relativeStanding |
one of the largest property developers in China
→
one of the world’s most indebted real estate companies → |
| riskFactor |
high debt-to-asset ratio
→
reliance on pre-sold apartments → tightening Chinese property regulations → |
| sector |
Chinese property sector
→
|
| stockExchange |
Hong Kong Stock Exchange
→
|
| tickerSymbol |
3333
→
|
Referenced by (5)
| Subject (surface form when different) | Predicate |
|---|---|
|
Evergrande Group
("Evergrande Real Estate")
→
Evergrande Group ("Evergrande Health") → Evergrande Group ("Evergrande New Energy Vehicle Group") → |
hasSubsidiary |
|
National Electric Vehicle Sweden
→
National Electric Vehicle Sweden ("China Evergrande New Energy Vehicle Group") → |
parentCompany |