TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An announcement from China Everbright ( (HK:0165) ) is now available.
China Everbright Limited announced a new loan agreement involving a loan of up to RMB990,000,000 with an interest rate of 6.5% per annum, provided by its subsidiary Shanghai Angui to Everbright Jiabao. The transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules due to its financial magnitude. This move is part of a series of financial assistance activities provided by China Everbright to Everbright Jiabao, which collectively remain below the threshold requiring general disclosure obligations. The agreements include various pledge arrangements to secure the loan, indicating a strategic financial maneuver to support Everbright Jiabao’s operations.
More about China Everbright
China Everbright Limited is a financial services company based in Hong Kong, focusing on providing a range of investment and financial solutions. The company operates in sectors such as asset management, direct investment, and structured finance, catering to a diverse market that includes corporate and individual clients.
Average Trading Volume: 55,842,504
Technical Sentiment Signal: Buy
Current Market Cap: HK$15.99B
See more data about 0165 stock on TipRanks’ Stock Analysis page.