Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

China Vanke Tumbles to Decade Low as Manager Probe Adds to Woes [BNN Bloomberg (Canada)]

Jefferies Financial Group Inc. (JEF) 
Last jefferies financial group inc. earnings: 10/25 04:42 pm Check Earnings Report
Company Research Source: BNN Bloomberg
The stock closed down 5.1% in Shenzhen at its lowest level since May 2014, while shares traded in Hong Kong lost more than 4%. A regional manager, Xiao Jing, is cooperating in a probe over “personal reasons,” the company's Jinan unit said. While Vanke offered few details, the news came after the developer denied allegations made by some Shandong-based partner companies over the company and its chairman. The accusations included money laundering and tax evasion. The stock's sudden decline Wednesday afternoon shows fragile sentiment toward the developer, which has come under increased scrutiny by investors. As sliding sales wallop profits and deepen liquidity pressure, credit agencies have cut ratings for the state-backed builder to junk territory on concerns about its debt repayment capabilities. “The investigation news is definitely negative for the stressed developer as investors are observing whether the well-known developer could survive under current sales downtrend,” said Show less Read more
Impact Snapshot
Event Time:
JEF
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
Opt-in for JEF alerts
Opt-in for
JEF alerts

from News Quantified
Opt-in for
JEF alerts

from News Quantified