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The latest announcement is out from Joy City Property Limited ( (HK:0207) ).
Joy City Property Limited announced the successful issuance of RMB1.5 billion medium-term notes by its subsidiary, COFCO Commercial Property Investment Co., Ltd., in the PRC. The notes, rated ‘AAA’ by China Cheng Xin International Credit Rating Co. Ltd., will be used to redeem previous notes issued in August 2023, reflecting the company’s ongoing financial strategy and business development.
More about Joy City Property Limited
Joy City Property Limited is a company incorporated in Bermuda with limited liability, operating in the real estate sector. It focuses on property development and investment, primarily in the People’s Republic of China, through its subsidiaries.
Average Trading Volume: 40,316,767
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.97B
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