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Sino-Ocean Group Holding ( (HK:3377) ) has shared an update.
Sino-Ocean Group Holding Limited announced the resumption of trading for its subsidiary’s corporate bonds on the Shanghai Stock Exchange following a suspension period. The company has implemented a restructuring plan for these bonds, which includes options for cash repurchase, equity economic income rights, and debt settlement with assets. This move aims to ensure fair information disclosure and protect the interests of bond investors, reflecting Sino-Ocean’s efforts to stabilize its financial operations and maintain investor confidence.
The most recent analyst rating on (HK:3377) stock is a Sell with a HK$0.10 price target. To see the full list of analyst forecasts on Sino-Ocean Group Holding stock, see the HK:3377 Stock Forecast page.
More about Sino-Ocean Group Holding
Sino-Ocean Group Holding Limited is a company operating in the real estate industry, primarily focusing on property development and management. The company is involved in various projects, including residential and commercial developments, and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 70,360,261
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.26B
Learn more about 3377 stock on TipRanks’ Stock Analysis page.