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Modern Land (China) Co., Ltd. ( (HK:1107) ) has shared an update.
Modern Land (China) Co., Ltd. announced progress on a package of liquidity and restructuring measures designed to address its auditor’s disclaimer of opinion on going-concern and stabilize its capital structure. The group has been renegotiating repayment terms with banks and senior noteholders, securing an extension of its corporate bonds to July 30, 2026, and negotiating with contractors and suppliers to manage payment schedules while pursuing disposals of stakes in project companies to raise cash and reduce debt.
The developer is accelerating property sales and collections, reporting contracted sales of about RMB277 million in the first two months of 2026, and has implemented tighter cost controls to deliver savings against budget in a weak housing market. The controlling shareholder is in talks with potential investors about selling a portion of its stake, and the group is also seeking settlements on outstanding claims and litigation, steps that collectively aim to improve liquidity, strengthen its balance sheet and provide greater visibility to shareholders and creditors.
More about Modern Land (China) Co., Ltd.
Modern Land (China) Co., Ltd. is a Chinese property developer focused on residential real estate projects, operating through a group structure with multiple project development subsidiaries. The company is listed in Hong Kong and has been working to stabilize its finances amid continued weakness in China’s real estate market.
YTD Price Performance: 50.0%
Average Trading Volume: 31,200,468
Technical Sentiment Signal: Sell
Current Market Cap: HK$58.69M
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