tiprankstipranks

Shimao Group’s Offshore Debt Restructuring Scheme Sanctioned by High Court

Story Highlights
Shimao Group’s Offshore Debt Restructuring Scheme Sanctioned by High Court

Confident Investing Starts Here:

Shimao Property Holdings ( (HK:0813) ) just unveiled an update.

Shimao Group Holdings Limited announced that the High Court has sanctioned its offshore debt restructuring scheme, marking a significant milestone in the company’s financial recovery efforts. The scheme’s effectiveness, confirmed on March 13, 2025, is expected to stabilize Shimao’s financial standing and reassure stakeholders, as the company continues to navigate its debt obligations.

More about Shimao Property Holdings

Shimao Group Holdings Limited is a prominent player in the real estate industry, focusing on property development and investment. The company is known for its residential, commercial, and hotel properties, primarily targeting the Chinese market.

YTD Price Performance: 2.31%

Average Trading Volume: 5,100

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $492.8M

See more data about 0813 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App