Huaan Fund issued a notice on August 17 that in order to objectively reflect the fair value of the fund, Huaan Fund adjusted the valuation of suspended stocks in accordance with the relevant regulations of the China Securities Regulatory Commission. Since August 15, Huaan Fund has valued Shimao Group, Sunac China, China Evergrande Group and Evergrande Property Services held by Hua'an CES Hong Kong Stock Connect ETF on the basis of HK $1.33,1.37,0.01,0.01,0.01 Hong Kong dollars per share respectively. Before the suspension, the share prices of Shimao Group, Sunac China, China Evergrande Group and Evergrande Property Services were HK $4.42,4.58,1.65,2.30 respectively. Compared with the share price before the suspension, the valuation of Hua an Fund has been reduced by 69.9%, 70.09%, 99.39% and 99.57% respectively.
华安基金将中国恒大、恒大物业估值下调至0.01港元
Hua'an Fund reduces the valuation of China Evergrande Group and Evergrande Property Services to HK $0.01m
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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