Home » Blu-Ray Development’s maturing debt forced 30 billion controlling shareholders to freeze nearly 90% of their equity.

Blu-Ray Development’s maturing debt forced 30 billion controlling shareholders to freeze nearly 90% of their equity.

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CBN 2022-02-10 15:08:12

Responsible editor: Hao Yunying

The new year is new, but as the former “first brother” of Sichuan real estate, Blu-ray’s development has not been good. After a crazy rally in December 2021, Blu-Ray Development’s stock price once again returned to the vicinity of 2 yuan/share. The market has been troubled for a long time, but the market-rumored bidder has not yet appeared. Nevertheless, the debt owed by Blu-Ray development is still accumulating.

Blu-Ray Development’s maturing debt forced 30 billion controlling shareholders to freeze nearly 90% of their equity.

The new year is new, but as the former “first brother” of Sichuan real estate, Blu-ray’s development has not been good. After a crazy rally in December 2021, Blu-Ray Development’s stock price once again returned to the vicinity of 2 yuan/share. The market has been troubled for a long time, but the market-rumored bidder has not yet appeared. Nevertheless, the debt owed by Blu-Ray development is still accumulating.

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See also  Li Ka-shing sells a real estate project in Shanghai for 2.1 billion yuan | Cheung Kong Holdings | Hysan Development

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