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An announcement from Poly Property Group Co ( (HK:0119) ) is now available.
Poly Property Group’s wholly owned mainland subsidiary, Shanghai Poly Property, has issued the first tranche of its 2026 medium-term notes, raising RMB1 billion in three-year paper at an annual coupon of 2.69%. The proceeds will be used to replenish internal funds previously deployed to repay debt financing instruments, a move that effectively refinances existing obligations and helps the group manage liquidity and funding costs, with the notes listed and information disclosed on major onshore financial market platforms in China.
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 developer and real estate group with operations conducted through subsidiaries including Shanghai Poly Property in mainland China. The group focuses on property-related investment and financing activities to support its real estate business and manage its capital structure across the Hong Kong and PRC markets.
YTD Price Performance: 1.50%
Average Trading Volume: 30,447,281
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.76B
See more data about 0119 stock on TipRanks’ Stock Analysis page.