<div id="readability-page-1"><h3>Claim 50% Off TipRanks Premium</h3><ul><li>Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions </li><li> Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential</li></ul>The latest announcement is out from Huayi Tencent Entertainment Co., Ltd. ( (HK:0419) ). Huayi Tencent Entertainment Co., Ltd. has agreed with a connected bondholder to extend by 25 months the maturity date of its outstanding HK$60 million convertible bonds, pushing the due date from 21 March 2026 to 21 April 2028, with all other bond terms unchanged apart from previously disclosed conversion price adjustments. Because the bondholder is ultimately controlled by entities in which the company’s chairman holds a significant interest and another director is a limited partner, the deal is classified as a connected transaction, requiring independent shareholder approval at an extraordinary general meeting; an independent board committee and financial adviser have been appointed, and the interested parties will abstain from voting, underscoring governance and regulatory scrutiny around the extension and its implications for capital structure and minority investors. The most recent analyst rating on (HK:0419) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Huayi Tencent Entertainment Co., Ltd. stock, see the HK:0419 Stock Forecast page. More about Huayi Tencent Entertainment Co., Ltd. Huayi Tencent Entertainment Co., Ltd. is a Hong Kong-listed company (stock code: 419) engaged in the entertainment and media sector, with its capital structure including convertible bonds held by investment entities affiliated with Hony Capital. The company’s shareholder base includes strategic financial investors and connected parties, making related-party transactions subject to Hong Kong Listing Rules on connected transactions and minority shareholder protection. Average Trading Volume: 683,054 Technical Sentiment Signal: Sell Current Market Cap: HK$570.6M </div>

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Huayi Tencent Entertainment Co., Ltd. (HK:0419) has proposed to extend the maturity date of its HK$60 million convertible bonds by 25 months, moving the due date from March 21, 2026, to April 21, 2028. This connected transaction requires independent shareholder approval due to the involvement of the company's chairman and another director. An independent board committee and financial adviser have been appointed to oversee the process. The latest analyst rating for the stock is a Hold with a price target of HK$0.36.

- Huayi Tencent Entertainment Co., Ltd. has extended the maturity date of its HK$60 million convertible bonds from March 21, 2026, to April 21, 2028, with unchanged terms apart from conversion price adjustments.  
- This extension is a connected transaction due to the bondholder's links to the company's chairman and requires independent shareholder approval, highlighting governance scrutiny.  
- The current analyst rating for the stock is a Hold, with a price target of HK$0.36, and the company has a market cap of HK$570.6 million.

Huayi Tencent Entertainment Seeks Connected-Party Approval to Extend HK$60 Million Convertible Bonds