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Yuexiu Property Co ( (HK:0123) ) has shared an announcement.
Yuexiu Property Co has entered into a facility agreement with a bank for a HK$500 million term loan available for up to 18 months. The agreement includes conditions that could trigger an event of default, such as changes in the shareholding structure of its controlling shareholder, Yue Xiu Enterprises. This move could impact the company’s financial flexibility and its ability to maintain control over its operations.
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 Co 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, with a significant presence in the Chinese market.
Average Trading Volume: 10,244,695
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$16.88B
Find detailed analytics on 0123 stock on TipRanks’ Stock Analysis page.