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Greater China Financial Holdings Updates on Business Resumption and Strategic Changes

Story Highlights
  • Greater China Financial Holdings focuses on warehouse operations and explores tobacco opportunities.
  • The company aims to resume trading by restructuring finances and leveraging supply chain networks.
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Greater China Financial Holdings Updates on Business Resumption and Strategic Changes

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Greater China Financial Holdings Limited ( (HK:0431) ) has issued an announcement.

Greater China Financial Holdings Limited has provided a supplemental update on its resumption progress following the suspension of its general trading and loan financing businesses. The company is seeking to dispose of its loss-making loan financing business in Beijing and is working on debt recovery in Ningbo. It aims to resume trading its shares by leveraging its supply chain network in the tobacco industry and exploring partnerships with companies in tobacco-related manufacturing and sales.

More about Greater China Financial Holdings Limited

Greater China Financial Holdings Limited operates within the industrial property sector, maintaining a stable business with a focus on warehouse operations and general trading. The company is also involved in the tobacco industry and is exploring new business opportunities in related products.

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$77.76M

See more data about 0431 stock on TipRanks’ Stock Analysis page.

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