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The latest announcement is out from Hong Kong Finance Group Ltd. ( (HK:1273) ).
Hong Kong Finance Group Limited has announced a new loan agreement dated May 14, 2025, providing a HK$13,000,000 loan to Customers C and D. This loan is secured against prime real estate in Hong Kong and is intended to settle a previous loan of the same amount. The transaction is classified as discloseable under the Listing Rules, reflecting its significance to the company’s financial operations and market positioning. The company’s risk assessment indicates that the loan’s risks are manageable due to the strong collateral and the borrowers’ solid financial standing.
More about Hong Kong Finance Group Ltd.
Hong Kong Finance Group Limited operates in the financial services industry, providing financial assistance and loan services. The company is focused on offering secured loans, leveraging collateral such as real estate properties to manage credit risk.
Average Trading Volume: 137,866
Technical Sentiment Signal: Buy
Current Market Cap: HK$149.4M
For an in-depth examination of 1273 stock, go to TipRanks’ Stock Analysis page.