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Yuexiu Property’s Subsidiary Issues First Tranche of Corporate Bonds

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Yuexiu Property’s Subsidiary Issues First Tranche of Corporate Bonds

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An announcement from Yuexiu Property Co ( (HK:0123) ) is now available.

Yuexiu Property Company Limited announced the issuance of the first tranche of corporate bonds by its subsidiary, Guangzhou City Construction & Development Company Limited, with a size of up to RMB1.4 billion. These bonds, rated ‘AAA’, are divided into two types with varying terms and options for investors, and the proceeds will be used for repaying maturing bonds or exercising bond options.

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 is primarily involved in residential and commercial property projects, with a significant market presence in China.

Average Trading Volume: 14,243,486

Current Market Cap: HK$19.48B

For an in-depth examination of 0123 stock, go to TipRanks’ Overview page.

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