Home Business Kaisa Group resumed trading today’s share price rose by more than 17%_principal amount

Kaisa Group resumed trading today’s share price rose by more than 17%_principal amount

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Original title: Kaisa Group resumed trading today and its share price rose more than 17%

Beijing Commercial Daily News (Reporter Wang Yinhao) On November 25, Kaisa Group resumed trading, and its share price continued to rise at a high level. As of press time, its share price rose by 17.82% to HK$1.19 per share. Previously, due to the overdue redemption of wealth products, the Kaisa Group’s shares were suspended from trading on November 5.

On the evening of November 24, Kaisa Group issued an announcement stating that it had implemented repayment measures for wealth management products with a principal amount of approximately RMB 1.097 billion. These measures include the redemption of 10% of the principal amount and interest from the 20th day of the month when the relevant principal amount is due, and the redemption of 10% of the principal amount and interest every three months from the due date; and the outstanding principal amount will be based on 4.35 % Interest rate pays deferred interest to holders. For the remaining principal amount of approximately RMB 396.6 million, the issuer of the relevant product is negotiating the repayment measures with the relevant holder.

Kaisa Group stated in the announcement that in order to increase liquidity, the group is considering measures such as speeding up the sale of real estate projects and high-quality assets.Return to Sohu to see more

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