Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Yuexiu Property Co ( (HK:0123) ) has provided an update.
Yuexiu Property Company Limited announced that its subsidiary, Leading Affluence Limited, has secured a HK$1,450 million term loan facility with a bank, guaranteed by Yuexiu Property. 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 Buy with a HK$6.53 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 management. The company focuses on residential, commercial, and infrastructure projects, catering to a diverse market in the real estate sector.
Average Trading Volume: 14,450,334
Current Market Cap: HK$19.24B
For an in-depth examination of 0123 stock, go to TipRanks’ Overview page.