SEHK:1907Chemicals
China Risun Group (SEHK:1907): Valuation Check After New Debt Guarantee for Majority-Owned Joint Venture
China Risun Group (SEHK:1907) just signed up to guarantee up to US$269.6 million of debt for its majority owned joint venture, Risun Wei Shan, tying its balance sheet more closely to the project.
See our latest analysis for China Risun Group.
The guarantee news lands against a mixed backdrop, with the share price at HK$2.27 seeing a modest 1 month share price return but a weaker year to date share price return, suggesting near term sentiment is stabilising even as longer term total...