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Cinda International Holdings Limited ( (HK:0111) ) just unveiled an announcement.
Cinda International Holdings Limited has entered into a Facility Agreement with a licensed bank in China for a revolving loan facility of up to US$13.5 million. This agreement imposes specific performance obligations on the company’s controlling shareholders, with potential consequences including the adjustment or termination of the loan facility if these obligations are not met.
More about Cinda International Holdings Limited
Cinda International Holdings Limited operates in the financial services industry, focusing on asset management and securities. It is a subsidiary of China Cinda Asset Management Co., Ltd., with a significant market presence in Hong Kong.
Average Trading Volume: 386,472
Technical Sentiment Signal: Buy
Current Market Cap: HK$211.6M
See more insights into 0111 stock on TipRanks’ Stock Analysis page.