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Shanghai Industrial Holdings ( (HK:0363) ) has shared an announcement.
Shanghai Industrial Holdings, through its wholly-owned subsidiary SIHL Finance, has extended the repayment dates for three existing loans to a joint venture company. These extensions, which move the due dates to September 2026, are part of the company’s strategic financial management. The aggregate size of these loans exceeds 5% but is less than 25% of the company’s applicable percentage ratio, classifying the transaction as discloseable under Hong Kong’s Listing Rules. This move reflects the company’s ongoing efforts to manage its financial commitments and maintain operational stability.
The most recent analyst rating on (HK:0363) stock is a Buy with a HK$16.80 price target. To see the full list of analyst forecasts on Shanghai Industrial Holdings stock, see the HK:0363 Stock Forecast page.
More about Shanghai Industrial Holdings
Average Trading Volume: 1,036,996
Technical Sentiment Signal: Buy
Current Market Cap: HK$16B
For detailed information about 0363 stock, go to TipRanks’ Stock Analysis page.