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New Century Group Hong Kong Limited ( (HK:0234) ) has issued an update.
New Century Group Hong Kong Limited announced a new loan agreement through its subsidiary, ETC Finance, providing a mortgage loan of HK$30,200,000 to customers for a 12-month term. This transaction, classified as discloseable under the Hong Kong Stock Exchange Listing Rules, involves a secured loan with properties in Central, Tsim Sha Tsui, and Chai Wan as collateral, indicating the company’s strategic move to manage its financial assistance operations effectively.
More about New Century Group Hong Kong Limited
New Century Group Hong Kong Limited operates in the financial services industry, offering financial assistance and mortgage loans through its subsidiary, ETC Finance. The company focuses on providing financial solutions to various customers, leveraging its expertise in financial management and real estate.
Average Trading Volume: 2,392,872
Technical Sentiment Signal: Buy
Current Market Cap: HK$202.3M
Find detailed analytics on 0234 stock on TipRanks’ Stock Analysis page.