Termbray Industries International (Holdings) Limited (HK:0093) has released an update.
Zero Fintech Group Limited, through its subsidiary Zero Finance, has launched an asset-backed securitisation programme, securing a facility of up to HK$800 million. This strategic financial move allows the company to transfer receivables and issue subordinated notes, potentially enhancing liquidity and resource management. Investors keen on stock and financial markets may find this development an interesting opportunity to monitor Zero Fintech’s financial innovations.
For further insights into HK:0093 stock, check out TipRanks’ Stock Analysis page.