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RANGE TECHNOLOGY (300442.SZ) Reportedly In Talks for HKD20B Loan to Build Sha Ling Data Park
2026-06-05 14:58:27 RANGE TECHNOLOGY (300442.SZ) is seeking a loan of approximately HKD20 billion to build Hong Kong's largest computing facility, Bloomberg reported, citing people with the knowledge of the matter. RANGE TECHNOLOGY is purportedly in preliminary discussions with multiple banks regarding a one-year loan, which may be structured as a syndicated loan or several bilateral financings. In March this year, the Sha Ling Data Park project of Runze (Hong Kong), a subsidiary of RANGE TECHNOLOGY, officially commenced construction. The total investment over the next three years is expected to reach HKD23.8 billion. ~ AASTOCKS Financial News Website: www.aastocks.com | |