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Yuexiu Property Co ( (HK:0123) ) just unveiled an announcement.
Yuexiu Property Company Limited has entered into a revolving loan facility agreement with a bank for CNH1,000 million, which will be available for 364 days. The agreement includes a clause that triggers an event of default if Yue Xiu Enterprises’ shareholding in the company falls below 30%, potentially impacting the company’s financial stability and shareholder control.
The most recent analyst rating on (HK:0123) stock is a Buy with a HK$6.60 price target. To see the full list of analyst forecasts on Yuexiu Property Co stock, see the HK:0123 Stock Forecast page.
More about Yuexiu Property Co
Yuexiu Property Company Limited is a real estate company incorporated in Hong Kong, primarily engaged in property development and investment. The company focuses on the development of residential, commercial, and infrastructure properties, with a significant market presence in China.
Average Trading Volume: 14,359,459
Current Market Cap: HK$18B
Find detailed analytics on 0123 stock on TipRanks’ Stock Analysis page.