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Yuexiu Property Co ( (HK:0123) ) just unveiled an update.
Yuexiu Property Company Limited has entered into a revolving loan facility agreement with a bank for HK$300 million, set for a term of 364 days. The agreement includes conditions that could trigger an event of default if the controlling shareholder, Yue Xiu Enterprises, reduces its stake below 30% or loses its status as the largest shareholder, 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 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 urban development needs.
Average Trading Volume: 15,878,763
Current Market Cap: HK$20.28B
See more data about 0123 stock on TipRanks’ Stock Analysis page.