Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
China Tianbao Group Development Company Limited ( (HK:1427) ) has shared an announcement.
China Tianbao Group Development Company Limited has announced its intention to provide a corporate guarantee of up to RMB800,000,000 to China Construction Bank Corporation for its subsidiary, Huailai Tianbao Health Care Service Co., Ltd. This guarantee supports a long-term loan aimed at enhancing the subsidiary’s cash flow and facilitating the development of Tianbao Jingbei Health City. The agreement terms are considered fair and beneficial for the company and its shareholders, and the bank involved is independent of the company.
The most recent analyst rating on (HK:1427) stock is a Hold with a HK$0.24 price target. To see the full list of analyst forecasts on China Tianbao Group Development Company Limited stock, see the HK:1427 Stock Forecast page.
More about China Tianbao Group Development Company Limited
China Tianbao Group Development Company Limited is incorporated in the Cayman Islands and operates with its subsidiaries, focusing on development projects. The company is involved in providing services related to health care and urban development, with a specific focus on projects like Tianbao Jingbei Health City.
Average Trading Volume: 64,647
Technical Sentiment Signal: Buy
Current Market Cap: HK$208.9M
Learn more about 1427 stock on TipRanks’ Stock Analysis page.