Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest announcement is out from Yue Da International Holdings Limited ( (HK:0629) ).
Yue Da International Holdings Limited has announced that its indirectly wholly owned subsidiary, Yueda Commercial Factoring, entered into a second factoring agreement with Yanxi Jingxuan on 25 December 2025, granting a revolving credit limit of RMB57 million for accounts receivables financing, management and collection services at a combined annual interest and administration fee rate of 8.3% to 8.8% until 25 December 2027. As this new agreement, together with earlier factoring arrangements involving Yanxi Jingxuan and related entities, meets the thresholds for a major transaction under Hong Kong listing rules, the deals are subject to reporting, announcement, circular and shareholder approval requirements; however, written consent from majority shareholder Yueda Capital (HK) Limited, which holds 52.05% of the company’s share capital, has been obtained, allowing the company to proceed without convening a general meeting and underscoring the strategic expansion of its factoring business with state-linked clients.
The most recent analyst rating on (HK:0629) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Yue Da International Holdings Limited stock, see the HK:0629 Stock Forecast page.
More about Yue Da International Holdings Limited
Yue Da International Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries including Yueda Commercial Factoring, which provides accounts receivables financing, management and collection services. The group’s commercial factoring arm focuses on offering revolving credit facilities and factoring solutions to corporate clients in mainland China, positioning itself within the receivables-based financing and financial services segment.
YTD Price Performance: 18.11%
Average Trading Volume: 241,219
Technical Sentiment Signal: Buy
Current Market Cap: HK$350.6M
See more data about 0629 stock on TipRanks’ Stock Analysis page.