Property Developer Times China Receives Winding-Up Petition in Hong Kong [BNN Bloomberg (Canada)]
HANG SENG BANK LTD S/ADR (HSNGY)
NASDAQ:AMEX Investor Relations:
bank.hangseng.com/1/2/about-us/investor-relations
Company Research
Source: BNN Bloomberg
creditors trying to recoup money from defaulted builders amid the nation's property crisis. The so-called winding-up petition was filed by Hang Seng Bank Ltd. at Hong Kong's high court in connection with financial obligations in the amount of about $173.2 million and HK$731.4 million ($93.4 million) respectively, Times China said in a statement filed to the Hong Kong stock exchange. Once the country's 51st-largest builder by contracted sales, Times China defaulted more than a year ago on two dollar bonds and halted offshore debt payments, a striking development given China had already rolled out a flurry of government steps to ease the property sector's liquidity crunch. This is at least the second winding-up case against major Chinese developers this month, according to data compiled by Bloomberg. Defaulted Shimao Group Holdings Ltd. faced the same legal threat from creditor China Construction Bank (Asia) Corp. as creditors are growing increasingly impatient with the slow pace
Show less
Read more
Impact Snapshot
Event Time:
HSNGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HSNGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HSNGY alerts
High impacting HANG SENG BANK LTD S/ADR news events
Weekly update
A roundup of the hottest topics
HSNGY
News
- Hang Seng Insurance Introduces FortuneLife Deferred Annuity Life Insurance Plan with Enhanced Benefit to Support Stable Retirement [Yahoo! Finance]Yahoo! Finance
- Hang Seng Insurance Introduces FortuneLife Deferred Annuity Life Insurance Plan with Enhanced Benefit to Support Stable RetirementPR Newswire
- Hang Seng Introduces the New PayDay+: Enjoy up to 6% p.a. HKD Savings Rate on Payroll Service Transfers [Yahoo! Finance]Yahoo! Finance
- Hang Seng Bank Launches HKD 33 Billion SME Power Up Fund [Yahoo! Finance]Yahoo! Finance
- Hang Seng Bank Ltd's Dividend Analysis [Yahoo! Finance]Yahoo! Finance