China Hongqiao Group Ltd. ( (HK:1378) ) has issued an announcement.
China Hongqiao Group Ltd. has announced its intention to issue USD-denominated convertible bonds in an international offering targeted exclusively at professional investors. The completion of this proposed bond issue is contingent upon market conditions and investor interest, with no definitive agreement yet in place. The bonds will not be offered or sold in the United States or to the public in Hong Kong, aligning with regulatory requirements. This strategic move aims to enhance the company’s financial flexibility and strengthen its market position.
More about China Hongqiao Group Ltd.
China Hongqiao Group Ltd. is a company incorporated under the laws of the Cayman Islands, primarily engaged in the production of aluminum products. The company focuses on serving professional investors and operates within the international financial markets.
YTD Price Performance: 28.06%
Average Trading Volume: 30,004,746
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$142.5B
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