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The latest update is out from Yuexiu Property Co ( (HK:0123) ).
Yuexiu Property Company Limited announced that its subsidiary, Guangzhou City Construction & Development Company Limited, has received approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission for the registration of a public offering of corporate bonds. These bonds, amounting to up to RMB9.6 billion, will be issued to professional investors in China in multiple tranches, with the timing of issuance dependent on market conditions.
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 operates in the real estate industry, focusing on property development and management. It primarily serves the Chinese market, offering residential and commercial properties.
Average Trading Volume: 14,012,581
Current Market Cap: HK$19.6B
Learn more about 0123 stock on TipRanks’ Stock Analysis page.