Home Business Kaisa Group: Has applied to resume trading on November 25_ 东方 Fortune.com

Kaisa Group: Has applied to resume trading on November 25_ 东方 Fortune.com

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[Kaisa Group: has applied to resume trading on November 25]Kaisa Group announced on the Hong Kong Stock Exchange that as of the date of this announcement, it has implemented repayment measures for wealth management products with a principal amount of approximately RMB 1096.8 million. In order to increase the liquidity of the Group, the Group is considering measures such as speeding up the sale of real estate projects and high-quality assets. As of the date of this announcement, none of the company’s outstanding public notes denominated in US dollars have expired. The company is considering taking measures (including issuing an exchange offer) on its outstanding USD 400 million public note, which will expire on December 7, 2021. The company has applied for the resumption of trading on the Stock Exchange starting at 9 a.m. on November 25. (Securities Times)


  Kaisa GroupOn the Hong Kong Stock Exchangeannouncement, As of the date of this announcement, the principal amount of approximately RMB 1096.8 millionFinancial managementThe product implements reimbursement measures.In order to increase the liquidity of the group, the group is considering speeding up the salereal estateMeasures such as projects and high-quality assets. As of the date of this announcement, none of the company’s outstanding public notes denominated in US dollars have expired. The company is considering taking measures (including issuing an exchange offer) on its outstanding USD 400 million public note, which will expire on December 7, 2021. The company has applied for the resumption of trading on the Stock Exchange starting at 9 a.m. on November 25.

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(Article Source:SecuritiesTimes)

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