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Yuexiu Property Co ( (HK:0123) ) just unveiled an update.
Yuexiu Property Company Limited has entered into a dual-currency term loan facility agreement with a bank, securing CNH200 million for a term of 364 days. The agreement includes a clause that triggers an event of default if the controlling shareholder, Yue Xiu Enterprises, reduces its shareholding below 30% or loses management control, potentially impacting the company’s financial stability.
The most recent analyst rating on (HK:0123) stock is a Hold with a HK$5.00 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 based in Hong Kong, primarily engaged in property development and investment. The company focuses on residential, commercial, and infrastructure projects, catering to the growing demand in the real estate market.
Average Trading Volume: 10,480,689
Technical Sentiment Signal: Sell
Current Market Cap: HK$17.68B
See more insights into 0123 stock on TipRanks’ Stock Analysis page.