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 Poly Property Group Co ( (HK:0119) ) is now available.
Poly Property Group Co., Limited announced that its wholly owned mainland subsidiary, Shanghai Poly Property, has successfully issued the second tranche of its 2026 medium-term notes in the onshore Chinese bond market. The tranche amounts to RMB500 million, carries a three-year term and an annual coupon rate of 2.95%, with the proceeds earmarked to replenish internal funds previously used to repay other debt financing instruments, reflecting the group’s ongoing efforts to manage liquidity and refinance existing obligations amid current credit conditions.
The most recent analyst rating on (HK:0119) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Poly Property Group Co stock, see the HK:0119 Stock Forecast page.
More about Poly Property Group Co
Poly Property Group Co., Limited is a Hong Kong-incorporated property company, operating through subsidiaries including Shanghai Poly Property in mainland China. The group is engaged in real estate-related activities and raises funding in the onshore renminbi debt market to support its financing needs and capital structure management.
Average Trading Volume: 22,572,652
Technical Sentiment Signal: Buy
Current Market Cap: HK$8.14B
See more insights into 0119 stock on TipRanks’ Stock Analysis page.