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Guangzhou R&F Properties Co ( (HK:2777) ) has provided an announcement.
Guangzhou R&F Properties Co., Ltd. has announced progress on an enforced legal case involving the company and its subsidiaries. The Guangzhou Intermediate People’s Court of Guangdong Province plans to conduct a public auction of a property owned by the company, highlighting ongoing legal challenges that could impact its financial stability and stakeholder interests.
More about Guangzhou R&F Properties Co
Guangzhou R&F Properties Co., Ltd. is a real estate development company based in China, focusing on the development and management of residential and commercial properties. The company is listed on the Hong Kong Stock Exchange and is involved in various property-related activities, including the development of hotels and office buildings.
Average Trading Volume: 44,974,042
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$3.26B
For a thorough assessment of 2777 stock, go to TipRanks’ Stock Analysis page.