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An update from Powerlong Real Estate Holdings Ltd. ( (HK:1238) ) is now available.
Powerlong Real Estate Holdings Limited has appointed China International Capital Corporation Hong Kong Securities Limited as its new sole financial advisor to address its current liquidity issues. The company, along with its advisors, is working towards a holistic solution to reach an agreement with offshore creditors, emphasizing the need for patience and support from stakeholders.
More about Powerlong Real Estate Holdings Ltd.
Powerlong Real Estate Holdings Limited is a company incorporated in the Cayman Islands, operating within the real estate industry. It focuses on developing and managing commercial properties and residential projects, primarily in China.
YTD Price Performance: -25.00%
Average Trading Volume: 2,692,950
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.37B
Find detailed analytics on 1238 stock on TipRanks’ Stock Analysis page.