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Yuexiu Transport Infrastructure ( (HK:1052) ) has provided an update.
Yuexiu Transport Infrastructure Limited has entered into a new CNH450 million, 364-day revolving loan facility with a bank, adding short-term funding flexibility to its capital structure. The facility includes a covenant that triggers an event of default if controlling shareholder Yue Xiu Enterprises (Holdings) Limited ceases to be the single largest shareholder, falls below a 30% stake, or loses management control, enabling the lender to demand immediate repayment; the arrangement underscores the importance of Yue Xiu’s continued control for the company’s financing terms and highlights lender sensitivity to potential changes in the group’s ownership and governance stability.
The most recent analyst rating on (HK:1052) stock is a Buy with a HK$5.50 price target. To see the full list of analyst forecasts on Yuexiu Transport Infrastructure stock, see the HK:1052 Stock Forecast page.
More about Yuexiu Transport Infrastructure
Yuexiu Transport Infrastructure Limited is a Hong Kong-listed company incorporated in Bermuda that operates under the control of its largest shareholder, Yue Xiu Enterprises (Holdings) Limited, which currently holds about 44.2% of its issued shares and maintains management control over the company.
Average Trading Volume: 1,240,032
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.73B
For detailed information about 1052 stock, go to TipRanks’ Stock Analysis page.