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Chuang’s China Investments Limited ( (HK:0298) ) has provided an announcement.
Chuang’s China Investments Limited, in conjunction with Chuang’s Consortium, has announced a voluntary exchange of their existing Times China Notes as part of a restructuring effort. The exchange involves swapping old notes for new ones with different terms, including lower interest rates and mandatory convertible bonds. This restructuring is aimed at addressing outstanding interests and optimizing the financial instruments held by both groups, potentially impacting their financial stability and market positioning.
The most recent analyst rating on (HK:0298) stock is a Sell with a HK$0.10 price target. To see the full list of analyst forecasts on Chuang’s China Investments Limited stock, see the HK:0298 Stock Forecast page.
More about Chuang’s China Investments Limited
YTD Price Performance: 25.81%
Average Trading Volume: 882,870
Technical Sentiment Signal: Sell
Current Market Cap: HK$274.6M
Learn more about 0298 stock on TipRanks’ Stock Analysis page.