Guangdong Investment (HK:0270) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Guangdong Investment Limited has secured a HK$3 billion term loan to finance general corporate needs, excluding specific sectors like real estate and energy. The loan, with a one-year term, hinges on the continued majority ownership by Guangdong Provincial Government. The company commits to regular financial disclosures while the obligations under the loan agreement remain in effect.
For further insights into HK:0270 stock, check out TipRanks’ Stock Analysis page.