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Sino-Ocean Group Suspends Trading of Subsidiary’s Corporate Bonds

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Sino-Ocean Group Holding ( (HK:3377) ) has shared an update.

Sino-Ocean Group Holding Limited has announced the suspension of trading for certain corporate bonds issued by its wholly-owned subsidiary, Beijing Sino-Ocean Group Holding Limited, on the Shanghai Stock Exchange starting from March 19, 2025. This decision is part of the company’s efforts to manage repayment arrangements and ensure transparent information disclosure to protect bond investors’ interests. The company plans to resume trading once relevant matters are confirmed and will continue to update stakeholders as required by regulations.

More about Sino-Ocean Group Holding

Sino-Ocean Group Holding Limited is a company incorporated in Hong Kong, primarily involved in real estate development and investment. The company, through its subsidiaries, focuses on the development of residential, commercial, and office properties, primarily targeting the Chinese market.

YTD Price Performance: 17.50%

Average Trading Volume: 294,100

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $238.5M

See more data about 3377 stock on TipRanks’ Stock Analysis page.

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