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Huisen Faces Arbitration Over Unpaid Loan

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Huisen Faces Arbitration Over Unpaid Loan

Elevate Your Investing Strategy:

Huisen Household International Group Limited ( (HK:2127) ) just unveiled an update.

Huisen Household International Group Limited has announced an arbitration claim filed by Ganzhou Fujiali Trading Company Limited against its subsidiary, Huisen Furniture, over an unsettled loan amount of RMB346 million. Huisen Furniture is actively negotiating with the lender to explore repayment options, including extending the repayment dates and revising the repayment schedules, while committing to keeping the public updated on any significant developments.

More about Huisen Household International Group Limited

YTD Price Performance: -26.67%

Average Trading Volume: 5,430,813

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$81.02M

Learn more about 2127 stock on TipRanks’ Stock Analysis page.

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