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The latest announcement is out from Wealthy Way Group Ltd. ( (HK:3848) ).
Haosen Fintech Group Limited has completed the issuance of HK$10 million in 8% bonds due 2028, following the signing of a subscription agreement on 27 March 2026 with an independent investor and Mr. Lo acting as guarantor. The guarantee is treated as financial assistance from a connected person on normal commercial terms, exempt from certain Hong Kong listing requirements.
All subscription proceeds have been received, and the company plans to deploy the funds to expand its existing business and for general working capital needs. The board believes the bond issuance will bolster the group’s financial position without diluting existing shareholders, and considers the terms fair, reasonable and aligned with the interests of both the company and its investors.
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 is a Cayman Islands-incorporated company listed in Hong Kong that operates in the financial technology sector. The group focuses on fintech-related services and solutions, with its strategy centered on expanding its existing business operations and strengthening its capital base to support growth in its markets.
Average Trading Volume: 157,266
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.75B
For detailed information about 3848 stock, go to TipRanks’ Stock Analysis page.