---
title: "Powerlong Real Estate Adjourns Liquidation Hearing for Restructuring Talks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/265879396.md"
description: "Powerlong Real Estate Holdings Ltd. has postponed a liquidation hearing for its subsidiary in the British Virgin Islands to negotiate a restructuring support agreement with offshore creditors. The company is involved in property development and management, focusing on residential and commercial projects. The latest analyst rating for its stock (HK:1238) is 'Hold' with a target price of HK$0.50. The company's market cap is HK$1.1 billion, and the technical sentiment signal is 'Sell.'"
datetime: "2025-11-14T09:07:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265879396.md)
  - [en](https://longbridge.com/en/news/265879396.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265879396.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/265879396.md) | [繁體中文](https://longbridge.com/zh-HK/news/265879396.md)


# Powerlong Real Estate Adjourns Liquidation Hearing for Restructuring Talks

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Powerlong Real Estate Holdings Ltd. ( (HK:1238) ) has shared an update.

Powerlong Real Estate Holdings Ltd. has announced a further adjournment of the liquidation application hearing against its wholly-owned subsidiary in the British Virgin Islands. This delay is intended to allow more time for the company to negotiate a restructuring support agreement with its offshore creditors, highlighting ongoing financial restructuring efforts.

The most recent analyst rating on (HK:1238) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Powerlong Real Estate Holdings Ltd. stock, see the HK:1238 Stock Forecast page.

**More about Powerlong Real Estate Holdings Ltd.**

Powerlong Real Estate Holdings Ltd. is a company incorporated in the Cayman Islands, operating in the real estate industry. It is primarily focused on property development and management, with a market focus that includes both residential and commercial real estate projects.

**Average Trading Volume:** 1,975,376

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$1.1B

Learn more about 1238 stock on TipRanks’ Stock Analysis page.

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