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China Overseas Land & Investment Limited (CAOVF)

Other OTC - Other OTC Delayed Price. Currency in USD
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2.70000.0000 (0.00%)
At close: 11:49AM EDT
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Trade prices are not sourced from all markets
Previous Close2.7000
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range2.7000 - 2.7000
52 Week Range2.1200 - 3.1100
Avg. Volume122
Market Cap31.447B
Beta (5Y Monthly)0.18
PE Ratio (TTM)4.38
EPS (TTM)0.6160
Earnings DateN/A
Forward Dividend & Yield0.15 (5.04%)
Ex-Dividend DateJun 23, 2022
1y Target EstN/A
  • Reuters

    Chinese state-owned property firms step in to rescue cash-strapped developers

    HONG KONG (Reuters) -Chinese state-owned property firms are expected to acquire more assets from cash-strapped private developers, analysts said, as Beijing steps up efforts to stabilise and tighten control over a crisis-hit sector that accounts for a quarter of its economy. The market has seen over half a dozen deals in recent weeks following easing of rules to issue debt for quality property firms, and initiatives by local governments to facilitate asset disposal for distressed firms. State-owned China Overseas Land & Investment (COLI) is buying stakes of Shimao Group and Agile Group in a joint venture project for a total of 3.7 billion yuan ($585 million).

  • Reuters

    UPDATE 3-Evergrande seeks more time from offshore creditors for debt restructuring plan

    China Evergrande Group on Monday sought more time from its offshore bondholders to work on a "comprehensive" and "effective" debt restructuring plan, amid signs Beijing is tightening control over the cash-strapped property group. Evergrande, once China's top selling real estate developer, has more than $300 billion in liabilities, including nearly $20 billion of international bonds all deemed to be in default after a run of missed payments late last year.