Builder Times China's Wind-Up Hearing Delayed Amid Debt Talks [BNN Bloomberg (Canada)]
HANG SENG BANK LTD S/ADR (HSNGY)
NASDAQ:AMEX Investor Relations:
bank.hangseng.com/1/2/about-us/investor-relations
Company Research
Source: BNN Bloomberg
The liquidation petition was filed by Hang Seng Bank Ltd. in connection with financial obligations of about $173.2 million and HK$731.4 million ($93.6 million), respectively, Times China said in a statement in April. The Guangdong-based real estate firm said in a Friday exchange filing that it has put forward key commercial terms to an ad-hoc group of offshore creditors that holds or controls more than 25% of the principal of six dollar bonds. In previous cases, showing progress in restructuring has been a key factor in avoiding a liquidation order. Times China intends to restructure a total principal amount of $2.9 billion of offshore debt, including existing bonds and some loan facilities. It offered creditors three options in the latest proposal, including a combination of upfront payment, short-term notes and new ordinary shares in the company. Investors can also choose to receive mandatory convertible bonds and medium-term notes. Ahead of the hearing, negotiations between
Show less
Read more
Impact Snapshot
Event Time:
HSNGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HSNGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HSNGY alerts
High impacting HANG SENG BANK LTD S/ADR news events
Weekly update
A roundup of the hottest topics
HSNGY
News
- Hong Kong Expands Digital Currency Project to 21 Financial Institutions [Yahoo! Finance]Yahoo! Finance
- SmartHK Nanjing Concludes [Yahoo! Finance]Yahoo! Finance
- PrimeGlobal announces new member firms in the APAC region [Yahoo! Finance]Yahoo! Finance
- "Hong Kong Cat Expo 2024" Officially Opens Japanese, Korean, and Malaysian Brands Join the Event Creative Products Become Mainstream Creating a Grand Cat Culture Festival [Yahoo! Finance]Yahoo! Finance