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China South City Holdings Pursues Restructuring Amid Liquidation

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China South City Holdings Pursues Restructuring Amid Liquidation

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China South City Holdings Limited ( (HK:1668) ) has shared an announcement.

China South City Holdings Limited, currently in liquidation, has announced an ongoing effort to formulate a holistic restructuring solution for its offshore indebtedness. The appointed liquidators are collaborating with the company’s local management to maintain the stability of its onshore operations in China, which is crucial for the successful implementation of the restructuring plan. Trading of the company’s shares remains suspended, and the liquidators are open to potential investors interested in exploring restructuring options.

More about China South City Holdings Limited

China South City Holdings Limited operates in the real estate industry, focusing on the development and management of large-scale integrated logistics and trade centers in China. The company is known for its extensive network of trade centers that cater to various industries, providing a platform for trade and commerce.

Average Trading Volume: 9,431,603

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.22B

Learn more about 1668 stock on TipRanks’ Stock Analysis page.

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