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Yue Da International Seeks Waiver on Circular Deadline for Multiple Factoring Deals

Story Highlights
  • Yue Da International delayed its shareholder circular on numerous new factoring and reverse factoring agreements.
  • The company has applied for a waiver to extend the circular’s dispatch to 13 February 2026 to finalize financial details.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yue Da International Seeks Waiver on Circular Deadline for Multiple Factoring Deals

Meet Samuel – Your Personal Investing Prophet

Yue Da International Holdings Limited ( (HK:0629) ) has issued an update.

Yue Da International Holdings Limited has announced a delay in sending to shareholders a circular detailing a series of recently disclosed factoring and reverse factoring agreements with multiple counterparties across port, construction, trading and related sectors in China. The circular, which must contain full details of these transactions and the group’s financial information, was originally required under Hong Kong Listing Rules to be dispatched by various deadlines in January 2026, but the company has sought a waiver from the Stock Exchange to extend the despatch date to on or before 13 February 2026 to allow additional time to prepare and finalise the necessary financial disclosures, temporarily deferring full transparency on these deals for investors and other stakeholders.

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 is a Cayman Islands-incorporated company listed in Hong Kong (Stock Code: 629). The group engages in businesses that include financial services-related activities such as factoring and supply chain-related financing arrangements in mainland China, serving corporate clients involved in ports, construction, trading, water and greening projects.

YTD Price Performance: -7.81%

Average Trading Volume: 203,606

Technical Sentiment Signal: Hold

Current Market Cap: HK$344.7M

For detailed information about 0629 stock, go to TipRanks’ Stock Analysis page.

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