Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Kaisa Group Holdings Ltd. ( (HK:1638) ) is now available.
Kaisa Group Holdings Ltd. has issued a supplemental consent solicitation statement relating to multiple series of variable rate senior notes maturing between 2027 and 2032, with an aggregate outstanding principal of several billion U.S. dollars. The company has elected to pay interest due on 28 December 2025 on these notes in the form of payment-in-kind (PIK) notes, increasing the principal amounts outstanding across each series, and is also considering a possible issue of new shares under both its general and a specific mandate, moves that collectively underscore its ongoing reliance on capital markets to manage liquidity, extend its debt profile and potentially dilute existing shareholders while seeking to stabilise its balance sheet.
The most recent analyst rating on (HK:1638) stock is a Sell with a HK$0.08 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., incorporated in the Cayman Islands and listed in Hong Kong, is a Chinese property developer and investment company that raises funding in the international capital markets through issuances of U.S. dollar-denominated senior notes to global investors.
Average Trading Volume: 5,082,403
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$836.2M
See more data about 1638 stock on TipRanks’ Stock Analysis page.