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Kaisa Group Announces Consent Solicitation and Potential Share Issuance

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Kaisa Group Announces Consent Solicitation and Potential Share Issuance

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The latest announcement is out from Kaisa Group Holdings Ltd. ( (HK:1638) ).

Kaisa Group Holdings Ltd. has announced a consent solicitation related to its outstanding variable rate senior notes due between 2027 and 2032. The company is also considering the possible issuance of new shares under general and specific mandates. This move is aimed at managing its financial obligations and potentially strengthening its capital structure, which could have implications for its market positioning and stakeholder interests.

The most recent analyst rating on (HK:1638) stock is a Sell with a HK$0.11 price target. To see the full list of analyst forecasts on Kaisa Group Holdings Ltd. stock, see the HK:1638 Stock Forecast page.

More about Kaisa Group Holdings Ltd.

Kaisa Group Holdings Ltd. is a company incorporated in the Cayman Islands with limited liability. It operates primarily in the real estate industry, focusing on property development, property investment, and property management services.

YTD Price Performance: -40.40%

Average Trading Volume: 9,817,472

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.08B

Find detailed analytics on 1638 stock on TipRanks’ Stock Analysis page.

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