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The latest update is out from Xinyuan Property Management Service (Cayman) Ltd. ( (HK:1895) ).
Xinyuan Property Management Service (Cayman) Ltd. announced a series of debt settlement arrangements involving its wholly-owned subsidiary, Xinyuan Science and Technology, and several connected entities. These transactions include the transfer of target properties through offsetting debt agreements and a long-term lease agreement, aimed at settling outstanding accounts receivable. The transactions are classified as major and connected under the Hong Kong Listing Rules, necessitating independent shareholder approval.
The most recent analyst rating on (HK:1895) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Xinyuan Property Management Service (Cayman) Ltd. stock, see the HK:1895 Stock Forecast page.
More about Xinyuan Property Management Service (Cayman) Ltd.
Xinyuan Property Management Service (Cayman) Ltd. operates in the property management industry, focusing on providing management services for residential and commercial properties. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 547,508
Technical Sentiment Signal: Sell
Current Market Cap: HK$314.3M
Find detailed analytics on 1895 stock on TipRanks’ Stock Analysis page.