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China Ruyi Completes HK$2.57 Billion Zero-Coupon Convertible Bond Issue Due 2027

Story Highlights
  • China Ruyi has issued HK$2.574 billion zero-coupon convertible bonds due 2027.
  • The bond deal strengthens the firm’s funding flexibility and may reshape its capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Ruyi Completes HK$2.57 Billion Zero-Coupon Convertible Bond Issue Due 2027

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An announcement from China Ruyi Holdings Limited ( (HK:0136) ) is now available.

China Ruyi Holdings Limited has completed the issuance of HK$2.574 billion zero-coupon convertible bonds due 2027 under its general mandate, following the fulfilment of all conditions precedent in the subscription agreement. The successful completion of this sizeable convertible bond offering provides the company with additional funding flexibility and may lead to future equity conversion, potentially affecting its capital structure and share base, and underscoring its ongoing access to Hong Kong’s debt and equity-linked capital markets.

The most recent analyst rating on (HK:0136) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on China Ruyi Holdings Limited stock, see the HK:0136 Stock Forecast page.

More about China Ruyi Holdings Limited

China Ruyi Holdings Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange under stock code 136. It operates as an investment holding company, with its activities and governance overseen by a board comprising executive, non-executive and independent non-executive directors, reflecting its positioning as a Hong Kong–listed corporate issuer in the capital markets.

Average Trading Volume: 61,303,467

Technical Sentiment Signal: Sell

Current Market Cap: HK$36.29B

For detailed information about 0136 stock, go to TipRanks’ Stock Analysis page.

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