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Ganglong China Property Group Limited ( (HK:6968) ) has provided an announcement.
Ganglong China Property Group Limited announced a significant financial development regarding its November 2025 Notes, with an aggregate principal amount of approximately US$180.6 million. The company has received a notice from a major noteholder demanding immediate payment due to an interest non-payment, which constitutes an event of default. Ganglong China Property Group Limited plans to engage with noteholders to find a solution to protect stakeholder interests.
More about Ganglong China Property Group Limited
Ganglong China Property Group Limited is a company incorporated in the Cayman Islands, primarily involved in the property industry. The company operates through its subsidiaries and is listed on the Stock Exchange of Hong Kong Limited.
YTD Price Performance: -34.15%
Average Trading Volume: 1,130,859
Technical Sentiment Signal: Sell
Current Market Cap: HK$131.4M
See more insights into 6968 stock on TipRanks’ Stock Analysis page.