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Quanzhou Huixin Micro-credit Co., Ltd. Class H ( (HK:1577) ) has shared an update.
Quanzhou Huixin Micro-credit Co., Ltd. announced a discloseable transaction involving the provision of financial assistance through a loan agreement with a customer. The loan, amounting to RMB30.2 million with an interest rate of 21.6% per annum, is secured by collateral valued at approximately RMB161.2 million. The transaction required disclosure under Hong Kong’s Listing Rules due to its size, and the company acknowledged a delay in disclosure due to a misunderstanding of the rules.
The most recent analyst rating on (HK:1577) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Quanzhou Huixin Micro-credit Co., Ltd. Class H stock, see the HK:1577 Stock Forecast page.
More about Quanzhou Huixin Micro-credit Co., Ltd. Class H
Quanzhou Huixin Micro-credit Co., Ltd. operates in the financial services industry, primarily offering micro-credit services. The company is established in the People’s Republic of China and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 1,604,588
Technical Sentiment Signal: Buy
Current Market Cap: HK$680M
For detailed information about 1577 stock, go to TipRanks’ Stock Analysis page.