Changes in Hong Kong stocks | Ya Life Services (03319) rose more than 6% in the afternoon, Agile restructuring adopted a debt-for-share plan, and creditors can indirectly hold shares in Ya Life

The Zhitong Finance App learned that Elegant Life Service (03319) rose more than 6% in the afternoon. As of press release, it rose 5.42% to HK$1.945, with a turnover of HK$6.8613 million.

According to the news, on October 12, the Hong Kong High Court adjourned the hearing of Agile's winding-up petition until December 7. Agile once again secured a restructuring window of about two months. According to reports, on October 5, Agile announced that it plans to issue a total of about 9.199 billion new shares, accounting for about 64.6% of the total share capital after the restructuring is completed, to replace about 5.183 billion US dollars of overseas financial debt. If the plan is implemented, overseas creditors will become the actual controllers of Agile, and the shares of the original founding shareholders will be diluted to a secondary position.

It is worth noting that in the first half of the year, Ya Life Service had revenue of 6.06 billion yuan, and shareholders' share of profit of 317 million yuan. As of the end of June, the majority shareholder of Ya Life Service was still Zhongshan Ya Life Enterprise Management Service Co., Ltd., a subsidiary of Agile Group. If the restructuring plan is implemented, creditors can indirectly hold shares in Ya Life Service. Many investors believe that it is the room for imagination of Ya Life Service's future dividends, which is the most important support for creditors to accept the low recovery rate plan.