How to buy Evergrande shares from Australia

Here's everything we know so far about buying up Evergrande Group shares in Australia.

China Evergrande Group
HK: 3333 - HKD
REAL ESTATE-DEVELOPMENT
HK$2.69
+ HK$0.11 ( + 4.26%)

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China Evergrande Group (3333:HK) is a Chinese real estate conglomerate listed on the Hong Kong stock exchange. In September 2021, its stock price plunged after reports the company was on the brink of collapse thanks to debts of more than US$300 billion.

When a company enters administration (bankruptcy), shareholders are unlikely to recoup any of their losses. Those looking to take advantage of the fallen prices by buying shares, do so at the risk of losing their investment.

Still interested in buying shares? Check out the steps below to find out how.

How to buy shares in Evergrande Group

Evergrande is listed on the Hong Kong stock exchange. To buy shares in the company, you'll need to open an account with a stock broker that has access to Hong Kong stocks.

  1. Choose a platform. If you're a beginner, our share-trading platform table below can help you choose.
  2. Open your account. You'll need your ID, bank details and tax file number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: All listed stocks have a stock code. Evergrande's code is 3333:HK
  5. Research Evergrande shares. The platform may provide the latest information available or you can do your own research.
  6. Buy your Evergrande shares. It's that simple.

The whole process can take as little as 15 minutes.

Which brokers offer Hong Kong stocks in Australia?

You can sign up directly via the links below.

  • eToro
  • CMC Markets
  • Saxo Capital Markets
  • ANZ Share Investing
  • Commsec
  • St. George Directshares
  • nabtrade
  • Interactive brokers
  • Phillip Capital
  • Bank of Melbourne Directshares
  • Westpac Online Investing Account
  • Netwealth Share Trading
  • Bendigo Invest Direct
  • Suncorp Share Trade
  • Tiger Brokers

Where to buy Evergrande Group stock

Name Product Standard brokerage fee Inactivity fee Markets International
eToro (global stocks)
US$0
US$10 per month if there’s been no login for 12 months
Global shares, US shares, ETFs
Yes
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
Saxo Capital Markets (Classic account)
$5
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Yes
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
$11
No
ASX shares, Global shares, mFunds, ETFs
Yes
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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Compare up to 4 providers

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

What we know about the Fangchebao IPO

In March 2021, there were reports that Evergrande group would be listing its online real estate and automobile marketplace, Fangchebao.

The company said it hopes to sell 10% of its holdings to 17 investors for $2.1 billion ahead of the IPO.

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 go public and deal with debt.

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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