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AEON Credit Service (Asia) Co., Ltd. ( (HK:0900) ) just unveiled an announcement.
AEON Credit Service (Asia) has raised the annual caps on its continuing connected transactions with fellow subsidiary AEON Stores under a gift certificate master agreement, reflecting stronger-than-expected demand from cardholders redeeming AEON Stores Gift Certificates through the AEON Bonus Point Program. The revised caps for the three financial years to February 2028 have been lifted significantly, with the 2025/26 cap increased from HK$23 million to HK$26.6 million, 2026/27 from HK$28.5 million to HK$35.8 million, and 2027/28 from HK$31.1 million to HK$43.7 million, driven by growth in active cardholders, higher transaction volumes, greater bonus point redemption, and an anticipated revamp of the loyalty scheme to add new earning sources beyond the company itself. While the terms of the existing 2025 renewal agreement remain unchanged, the transaction remains a connected transaction under Hong Kong listing rules; the revised caps trigger reporting, announcement and annual review requirements but are exempt from independent shareholders’ approval, underscoring the company’s strategy of using AEON Stores Gift Certificates as a key reward option to sustain customer loyalty and support business growth.
The most recent analyst rating on (HK:0900) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on AEON Credit Service (Asia) Co., Ltd. stock, see the HK:0900 Stock Forecast page.
More about AEON Credit Service (Asia) Co., Ltd.
AEON Credit Service (Asia) Co., Ltd. is a Hong Kong–incorporated consumer finance company that issues credit cards and operates related payment and loyalty services, including the AEON Bonus Point Program. The company works closely with fellow subsidiary AEON Stores, leveraging AEON-branded gift certificates and retail network access to drive card usage and customer engagement in its core Asian markets.
Average Trading Volume: 127,177
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.02B
For an in-depth examination of 0900 stock, go to TipRanks’ Overview page.