Value Convergence Holdings Limited (HK:0821) has released an update.
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Value Convergence Holdings Limited, through its subsidiary VC Finance, focuses on providing sizable loans to high-net-worth clients, leveraging their financial stability to mitigate risks. Amid economic uncertainties post-pandemic, the company is adopting a cautious approach, being selective with new loans while enhancing existing loan management. Interest rates for these loans range from 8% to 18% per annum, depending on client negotiations and collateral provisions.
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