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Poly Property Group Co ( (HK:0119) ) has issued an update.
Poly Property Group Co., Limited announced that its wholly-owned subsidiary, Shanghai Poly Property, has received approval from the National Association of Financial Market Institutional Investors to issue medium-term notes in China, with a registered amount of RMB 7 billion. This approval allows the subsidiary to issue the notes in tranches over a two-year period, potentially enhancing the company’s financial flexibility and market positioning.
More about Poly Property Group Co
Poly Property Group Co., Limited is a Hong Kong-incorporated company operating in the real estate industry. It focuses on property development and management, primarily in the People’s Republic of China.
YTD Price Performance: -5.19%
Average Trading Volume: 7,603,915
Technical Sentiment Signal: Sell
Current Market Cap: HK$5.58B
See more data about 0119 stock on TipRanks’ Stock Analysis page.