Road King Infra (01098) rose more than 22% at one point and, as of the time of publication, has increased by 11.67%, to HKD 1.34, with a turnover of HKD 1.6711 million.
According to the WiseNews app, Road King Infra (01098) rose more than 22% at one point and, as of the time of publication, has increased by 11.67%, to HKD 1.34, with a turnover of HKD 1.6711 million.
On the news front, there have been recent reports that Road King Infra is seeking to defer overseas bonds for approximately 3.5 years by paying part of the advance payment. The specific proposal is to prepay more than 20% of the principal amount of the bonds due in 2024, 10% or more of the principal amount of the bonds due in 2025, and 5%-10% of the principal amount of the bonds due in 2026. It is reported that Road King Infra's total property sales in the first quarter were CNY 4.098 billion, down from CNY 8.423 billion in the same period last year.