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Yuexiu Property Co ( (HK:0123) ) has issued an announcement.
Yuexiu Property Co has entered into a facility agreement with a bank for a term loan of HK$200 million, with a term of 364 days. A default event is triggered if the controlling shareholder, Yue Xiu Enterprises, reduces its stake 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$5.83 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 Co 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, serving a diverse market in the region.
Average Trading Volume: 15,741,319
Current Market Cap: HK$20.72B
Learn more about 0123 stock on TipRanks’ Stock Analysis page.