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China Everbright Announces Discloseable Loan Facility Transaction

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China Everbright Announces Discloseable Loan Facility Transaction

Elevate Your Investing Strategy:

The latest announcement is out from China Everbright ( (HK:0165) ).

China Everbright Limited, through its wholly-owned subsidiary Shanghai Angui, has entered into a Second Facility Agreement with Everbright Jiabao, providing a loan facility of RMB400,000,000 at an interest rate of 6.5% per annum. This transaction, along with related agreements, constitutes a discloseable transaction under Hong Kong’s Listing Rules, requiring reporting and announcement due to the financial assistance provided to Everbright Jiabao exceeding certain percentage thresholds.

More about China Everbright

YTD Price Performance: -17.55%

Average Trading Volume: 3,574,931

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$7.36B

For an in-depth examination of 0165 stock, go to TipRanks’ Stock Analysis page.

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