Claim 70% Off TipRanks This Holiday Season
- 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
The latest announcement is out from Powerlong Real Estate Holdings Ltd. ( (HK:1238) ).
Powerlong Real Estate Holdings has reported strong creditor support for its offshore debt restructuring, with holders of over 85.48% of the scheme debt having acceded to the restructuring support agreement by the extended consent deadline of 19 December 2025. The company has scheduled a Hong Kong High Court hearing on 19 March 2026 to seek an order to convene a scheme meeting at which scheme creditors will vote on the proposed restructuring schemes, and it has warned shareholders and investors to exercise caution when trading its securities while the restructuring progresses.
The most recent analyst rating on (HK:1238) stock is a Sell with a HK$0.23 price target. To see the full list of analyst forecasts on Powerlong Real Estate Holdings Ltd. stock, see the HK:1238 Stock Forecast page.
More about Powerlong Real Estate Holdings Ltd.
Powerlong Real Estate Holdings Limited is a Cayman Islands–incorporated property developer listed in Hong Kong, operating primarily in the real estate sector. The company focuses on developing, owning and managing real estate assets and associated projects, and raises funding through offshore debt instruments held by international creditors and investors.
Average Trading Volume: 1,476,136
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.02B
See more data about 1238 stock on TipRanks’ Stock Analysis page.