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Evergrande Real Estate Group Snapshot
Evergrande's urban developments aim to mimic Neverland. Evergrande (formerly Hengda Real Estate Group) is a residential real estate developer in mainland China. Its multi-phase Jinbi development in Guangdong Province has more than 20,000 apartments in dozens of high-rise buildings. (Real estate agency E-House leases the apartments). Now the group has more than 50 other developments planned for 25 cities across China, including resort complexes with hotels, sports arenas, and other tourist-related activities. Founded in 1996, the company began trading on the Hong Kong Stock Exchange in late 2009.
