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Times China Holdings ( (HK:1233) ) has provided an announcement.
Times China Holdings has provided a quarterly update on its efforts to resolve the audit disclaimer of opinion related to going-concern uncertainties, highlighting substantial progress in both offshore and onshore debt restructuring. The company’s offshore restructuring became effective on 28 November 2025, cutting total existing offshore debt of about US$2.9 billion through a package of new notes and mandatory convertible bonds totalling roughly US$2.7 billion, alongside a small cash payment and the issue of new shares to creditors, while all 14 onshore bonds have had their repayment dates uniformly extended to April 2026 with incentive payments made to consenting bondholders. In parallel, Times China has agreed a 10-year standstill on repayments under a US$70 million shareholder loan, is negotiating further renewals and restructurings with lenders, and is actively seeking new financing to meet obligations and secure project delivery. Operationally, the group is accelerating property sales and cash collection, reporting unaudited contracted sales of about RMB5.34 billion in 2025 and delivery of 11 projects comprising more than 8,000 housing units, while also cutting headcount from 1,449 to around 1,050 and pursuing asset disposals to boost liquidity and improve efficiency.
The most recent analyst rating on (HK:1233) stock is a Sell with a HK$0.10 price target. To see the full list of analyst forecasts on Times China Holdings stock, see the HK:1233 Stock Forecast page.
More about Times China Holdings
Times China Holdings is a Cayman Islands–incorporated property developer focused on residential and mixed-use real estate projects in mainland China. The group’s core business centers on developing and selling properties, with a market focus on delivering large-scale housing projects and associated urban developments, while managing substantial onshore and offshore financing obligations linked to its portfolio.
Average Trading Volume: 2,229,316
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$279.6M
See more data about 1233 stock on TipRanks’ Stock Analysis page.