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An announcement from China New Town Development Co. Ltd. ( (HK:1278) ) is now available.
China New Town Development Company Limited has announced a voluntary issuance of CNY1.5 billion in bonds, due in 2028, with a 2.95% interest rate. The issuance involves a subscription agreement with Wuxi Communications Industry Group and several independent managers, aiming to attract professional investors and strengthen the company’s financial position.
More about China New Town Development Co. Ltd.
China New Town Development Co. Ltd. is a company incorporated in the British Virgin Islands, focusing on urban development projects. It operates primarily through its subsidiaries and engages in the development and management of new town projects in China.
Average Trading Volume: 967,446
Technical Sentiment Signal: Sell
Current Market Cap: HK$817M
See more data about 1278 stock on TipRanks’ Stock Analysis page.