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Crystal International Joins Factoring Programs to Mitigate Customer Default Risks

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Crystal International Joins Factoring Programs to Mitigate Customer Default Risks

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An update from Crystal International Group Limited ( (HK:2232) ) is now available.

Crystal International Group Limited has announced its participation in non-recourse factoring programs for customers’ receivables with various financial institutions, including Citibank and HSBC. This strategic move aims to mitigate potential default risks associated with customer payments, thereby enhancing the company’s financial stability and operational efficiency.

The most recent analyst rating on (HK:2232) stock is a Buy with a HK$6.25 price target. To see the full list of analyst forecasts on Crystal International Group Limited stock, see the HK:2232 Stock Forecast page.

More about Crystal International Group Limited

Crystal International Group Limited is primarily engaged in the manufacturing and trading of garments. The company operates within the garment industry, focusing on providing apparel products and services to its customers.

Average Trading Volume: 7,827,065

Technical Sentiment Signal: Buy

Current Market Cap: HK$12.7B

See more data about 2232 stock on TipRanks’ Stock Analysis page.

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