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Greater China Financial Holdings Updates on Trading Resumption Efforts

Story Highlights
  • Greater China Financial Holdings is addressing challenges in its loan financing business.
  • The company completed an acquisition to enter the tobacco flavours industry in China.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Greater China Financial Holdings Updates on Trading Resumption Efforts

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

Greater China Financial Holdings Limited has provided an update on its efforts to resume trading on the Hong Kong Stock Exchange. The company is addressing challenges in its loan financing business, including disposing of loss-making subsidiaries and resolving disputes. Additionally, it has completed the acquisition of Fortune Yi Investment Limited to enter the tobacco flavours industry in China, aiming to expand its income and support the resumption of trading.

More about Greater China Financial Holdings Limited

Greater China Financial Holdings Limited operates in the financial services industry, focusing on general trading and loan financing. The company is currently exploring opportunities in the tobacco industry to diversify its revenue streams.

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$77.76M

For an in-depth examination of 0431 stock, go to TipRanks’ Overview page.

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