China's Evergrande Group is preparing for an initial public offering of its online real estate and auto marketplace, Fangchebao, reports earlier this year said.
But the prospects remain far from certain as of mid-September. The parent company's Hong Kong listed stock was plunging amid reports of serious debt issues.
We'll update this page as new information becomes available.
Although nothing has been confirmed, Fangchebao, which is valued at about $22.92 billion, could list on the Nasdaq or another exchange, sources close to the deal have said.
Evergrande, one of China's largest developers, is looking to spin off multiple holdings as part of its plan to deal with debt.
Once Evergrande Group goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy Evergrande Group stock.
See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Looking to invest in tech? Here’s how to buy shares in the major tech companies, known as FAANG stocks.
Read more…
A simple guide to buying stocks in your favorite European soccer team.
Read more…
Here are the stocks that benefit from inflation, as well as industries to keep an eye on to reduce the impacts of inflation on your portfolio.
Read more…A look at GSD Capital’s highlights, limitations, fees and investment strategies.
Explore the best bonuses for opening a new brokerage account.
These are the best trading platforms for beginners, according to Finder’s comprehensive analysis.
Compare the 5 best stock picking services, according to Finder’s analysis, and learn how to choose the best option for your needs.
We rate robo-advisors across eight key categories, including ongoing costs, minimum deposit requirements, portfolio mix and more.
A beginner-friendly investing platform with fractional shares and no commissions on stocks and ETFs.
SoFi is a commission-free platform with both active and automated investment accounts.
What you need to know about investing in the leading indicator for the overall US stock market.
Take advantage of $0 trades and no investment minimums with this well-known broker.
A deep dive into the highlights and limitations of Robinhood.
