Hi Sun Technology (China) Limited (HK:0818) has released an update.
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Hi Sun Technology (China) Limited has provided additional information regarding its loan receivables and fintech services, emphasizing its micro-lending business targeted at individuals needing small loans and its supply-chain financing for enterprises. Their sophisticated risk management involves thorough pre-transaction assessments and stringent post-transaction control to maintain financial stability. The company’s fintech services primarily generate income through micro-lending and supply chain financing, conducted predominantly as factoring business.
For further insights into HK:0818 stock, check out TipRanks’ Stock Analysis page.