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Greater China Financial Holdings Updates on Trading Resumption and Strategic Acquisition

Story Highlights
  • Greater China Financial Holdings reports stable revenue from industrial property.
  • Acquisition of FortuneYi Investment aims to diversify revenue and boost trading resumption.
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Greater China Financial Holdings Updates on Trading Resumption and Strategic Acquisition

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An update from Greater China Financial Holdings Limited ( (HK:0431) ) is now available.

Greater China Financial Holdings Limited has provided an update on its resumption progress and trading status. The company reports stable revenue from its industrial property segment, while its general trading business remains suspended due to market conditions. The company is finalizing the disposal of its loan financing business in Beijing and is considering resuming operations in Ningbo if conditions improve. Additionally, the acquisition of FortuneYi Investment Limited is expected to diversify revenue streams and enhance trading resumption plans, with secured sales orders of not less than RMB20.0 million for 2025.

More about Greater China Financial Holdings Limited

Greater China Financial Holdings Limited operates in the industrial property and general trading sectors, with a focus on warehouse operations and the liquor trading business in the PRC. The company also has interests in loan financing and is exploring opportunities in the tobacco industry.

Technical Sentiment Signal: Sell

Current Market Cap: HK$77.76M

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

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