TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
China Glass Holdings Limited ( (HK:3300) ) has issued an update.
China Glass Holdings Limited has announced the restructuring of its Facility Agreement, following a previous default in payment. The company has entered into a second deed of amendment and restatement to extend the repayment date by one year, with a possible six-month extension, subject to certain conditions. This move is significant for the company’s financial stability and may impact its market position and stakeholder confidence.
The most recent analyst rating on (HK:3300) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Glass Holdings Limited stock, see the HK:3300 Stock Forecast page.
More about China Glass Holdings Limited
China Glass Holdings Limited is a company incorporated in Bermuda, operating in the glass manufacturing industry. The company, along with its subsidiaries, is focused on producing and supplying various glass products.
Average Trading Volume: 6,984,814
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.16B
Learn more about 3300 stock on TipRanks’ Stock Analysis page.