CN HKEX

China Evergrande Group (Hengda Real Estate)

Chinese property developer fined 4.18B yuan by CSRC for prematurely recognizing 564B yuan ($78B) in revenue before delivering completed apartments.

CORPORATE IDENTIFIERS & DOSSIER
  • Entity Name: China Evergrande Group (Hengda Real Estate)
  • Country of Domicile: CN
  • Listing & Ticker: HKEX (3333).
  • CIK / LEI Identifier: Unregistered.
  • Industry Classification: SIC General.
  • Enforcement Episodes: 1 primary case dossier(s) in this library.

PRIMARY ENFORCEMENT CASES INVOLVING CHINA EVERGRANDE GROUP (HENGDA REAL ESTATE)

1 CASE DOSSIERS
Case Title Status Primary Scheme Overstatement Total Penalties Action Date
China Evergrande: 564B Yuan Revenue Inflation on Incomplete Apartments Adjudicated premature recognition $78.0B $577.0M September 20, 2023