Shimao Property Holdings (HK:0813) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Shimao Group Holdings has successfully dismissed a winding-up petition filed against it in the High Court, signaling a positive turn for the company amidst its financial restructuring. The company reports strong support for its offshore debt restructuring plan, with over 79% of creditors backing the proposal. Investors are advised to remain cautious when dealing with Shimao’s securities.
For further insights into HK:0813 stock, check out TipRanks’ Stock Analysis page.
