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China South City Holdings Limited ( (HK:1668) ) just unveiled an update.
China South City Holdings Limited, which is in liquidation and has had its shares suspended from trading on the Hong Kong Stock Exchange since August 2025, has issued a clarificatory announcement on the proposed terms of a holistic restructuring of its offshore indebtedness. The company corrected clerical errors in an earlier announcement and confirmed that its other offshore liabilities would be fully extinguished in exchange for new Class B notes covering 50% of the principal, with the remaining principal and certain accrued interest to be settled through the issuance of new ordinary shares at specified conversion prices, and that the Class B notes will carry an eight-year maturity and a 2% annual coupon, payable in kind for the first three years. The revised terms underscore the extent of creditor haircuts and equity dilution implied by the restructuring plan, while the company cautions that there is no assurance the restructuring will proceed as outlined and warns shareholders and potential investors to exercise caution as trading in its shares remains halted.
The most recent analyst rating on (HK:1668) stock is a Sell with a HK$0.10 price target. To see the full list of analyst forecasts on China South City Holdings Limited stock, see the HK:1668 Stock Forecast page.
More about China South City Holdings Limited
China South City Holdings Limited is a Hong Kong–incorporated company engaged in large-scale commercial and logistics property development and operations, historically focused on integrated trade, logistics and wholesale markets in mainland China. The company’s shares are listed on the Hong Kong Stock Exchange under stock code 1668 and it is currently in liquidation, with trading in its shares suspended since August 2025.
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.22B
For detailed information about 1668 stock, go to TipRanks’ Stock Analysis page.