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An announcement from Wealthy Way Group Ltd. ( (HK:3848) ) is now available.
Haosen Fintech Group Limited announced a discloseable transaction involving the provision of a loan facility worth RMB33,300,000 to a borrower through its subsidiary Haosen Credit. The agreement features a 9% annual interest rate and a 15-month availability period, with repayment terms extending until March 2027. The transaction, governed by Hong Kong Stock Exchange regulations, underscores the company’s ability to utilize internal resources effectively and maintain compliance with reporting requirements, potentially enhancing its market positioning.
The most recent analyst rating on (HK:3848) stock is a Hold with a HK$11.00 price target. To see the full list of analyst forecasts on Wealthy Way Group Ltd. stock, see the HK:3848 Stock Forecast page.
More about Wealthy Way Group Ltd.
Haosen Fintech Group Limited operates in the financial technology industry, focusing on services such as credit lending and loan provision aimed at businesses and individuals in need of financial support. The company leverages internal resources to fund its operations, including loan facilities.
Average Trading Volume: 124,524
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.76B
For a thorough assessment of 3848 stock, go to TipRanks’ Stock Analysis page.