Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Poly Property Group Co ( (HK:0119) ).
Poly Property Group Co., Limited announced the successful issuance of RMB1 billion in medium-term notes by its subsidiary, Shanghai Poly Property. These notes, with a 5-year term and a 2.72% coupon rate, aim to replace internal funds previously used for repaying principal amounts of earlier notes, potentially enhancing the company’s financial stability and operational flexibility.
More about Poly Property Group Co
Poly Property Group Co., Limited is a company incorporated in Hong Kong with limited liability, operating in the real estate sector. The company focuses on property development and management, primarily through its wholly-owned subsidiary, Shanghai Poly Property, based in the People’s Republic of China.
Average Trading Volume: 8,255,382
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.19B
Learn more about 0119 stock on TipRanks’ Stock Analysis page.