Hall of Shame

Real Estate

China Aoyuan (3883 HK)

Year: 2020

China Aoyuan Group Limited operates as a property development company. The Company develops retails shops and integrated residential projects. China Aoyuan Group conducts businesses domestically and internationally.   It was listed on the Hong Kong Exchange in September 2007 raising HK$4.19B in its IPO.   An additional share offering in July 2009 raised HK$622.80M.

March 3, 2020 - A short selling report was published anonymously on a Chinese social media platform (xueqiu.com). 

March 6, 2020 - China Aoyuan issued Clarification with a rebuttal of the allegations in the report.

Anonymous: Short Sell Report (Google translated) , 3 Mar 2020 (original Chinese version)
China Aoyuan :  Clarification Announcement, 6 Mar 2020
China Aoyuan : Interim Report 2019
China Aoyuan : Annual Report 2018
China Aoyuan : Annual Report 2017