Guangzhou R&F Properties Co (HK:2777) has released an update.
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Guangzhou R&F Properties Co. has announced progress in ongoing litigations and arbitrations involving its subsidiaries. The Guangzhou Intermediate People’s Court has ruled that a property owned by the company in Guangzhou City must be auctioned. Investors may want to watch how these legal proceedings could impact the company’s financial standing.
For further insights into HK:2777 stock, check out TipRanks’ Stock Analysis page.