Lingnan shares plummeted and fell by more than 7%. The company previously announced that due to operating activities falling short of expectations and tight overall cash flow, the company and its subsidiaries have overdue debts in financial institutions such as banks, commercial factoring companies, etc. If the company does not obtain sufficient capital from the expected repayment sources, it is expected that the convertible corporate bonds due to the expiration and redemption of convertible corporate bonds in 2024 may be at risk of default.
岭南股份直线跳水触及跌停，岭南转债跌超7%，公司此前公告称，因经营活动未达预期，整体现金流偏紧，公司及子公司已在银行、商业保理公司等金融机构出现债务逾期，如若公司不能从预期的还款来源获得足够的资金，预计可转换公司债券2024年到期赎回事项可能存在违约风险。
Lingnan shares plummeted and fell by more than 7%. The company previously announced that due to operating activities falling short of expectations and tight overall cash flow, the company and its subsidiaries have overdue debts in financial institutions s
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.