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Sino-Ocean Group Suspends Trading of Corporate Bonds for Repayment Arrangements

Story Highlights
  • Sino-Ocean Group operates in real estate, focusing on property development and management.
  • The company suspended trading of four bonds to manage repayment and ensure transparency.
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Sino-Ocean Group Suspends Trading of Corporate Bonds for Repayment Arrangements

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

Sino-Ocean Group Holding Limited has announced the suspension of trading for four corporate bonds issued by its subsidiary, Beijing Sino-Ocean Group Holding Limited, on the Shanghai Stock Exchange starting February 25, 2025. This move is part of efforts to manage repayment arrangements and ensure transparent information disclosure, with the company actively engaging with investors to negotiate a repayment plan during the grace period.

More about Sino-Ocean Group Holding

Sino-Ocean Group Holding Limited is a company incorporated in Hong Kong, primarily operating in the real estate industry. It focuses on property development, investment, and management, with its corporate bonds listed on the Shanghai Stock Exchange.

YTD Price Performance: 23.68%

Average Trading Volume: 294,100

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $259M

Find detailed analytics on 3377 stock on TipRanks’ Stock Analysis page.

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