FINWIRES · TerminalLIVE
FINWIRES

HKG:1273

6 stories mentioning HKG:1273Updated just now

Every FINWIRES story that references HKG:1273, newest first.

What's the latest news on HKG:1273?

Asia

Hong Kong Finance Group Refinances HK$40 Million Loan

Hong Kong Finance Group (HKG:1273) said its subsidiary HK Finance (PL) agreed to provide a HK$40 million loan to an existing borrower.The new loan carries interest of 15% per year for 12 months from the Sept. 18 drawdown date, according to a Hong Kong bourse filing on Tuesday.The loan is secured by a first mortgage over a residential property on Mount Austin Road in Hong Kong, valued at about HK$145 million as of Sept. 10.Proceeds from the new loan will be used to fully repay a previous loan.

HKG:1273
Asia

Hong Kong Finance Group Unit Grants HK$22 Million Loans

Hong Kong Finance Group (HKG:1273) said its indirect wholly owned subsidiary, HK Finance, agreed to provide two loans totaling HK$21.7 million to three independent third-party borrowers.A HK$16.5 million loan carries interest of 13.2% per year for 12 months and is secured by first mortgages over two residential properties in Sha Tin and Shau Kei Wan, according to a Hong Kong bourse filing on Wednesday.A second HK$5.2 million loan carries interest of 18% per year for 12 months and is secured by second mortgages over four residential properties in Sha Tin, Shau Kei Wan and Kowloon.

HKG:1273
Asia

Hong Kong Finance Group to Lend Further HK$15 Million to Prior Borrowers

Hong Kong Finance Group (HKG:1273) said it agreed to lend a further HK$15 million to four customers, according to a Wednesday filing with the Hong Kong bourse.The firm had previously lent HK$23 million to the borrowers, and the new loan will be used to settle HK$15 million of the prior borrowings.The new loan accrues interest at 17.4% per annum and is secured by a second mortgage loan over two residential and one commercial property in Hong Kong.

HKG:1273
Asia

Hong Kong Finance Forecasts Up to 60% Boost in Fiscal-Year Profit

Hong Kong Finance Group (HKG:1273) expects a 40% to 60% rise in attributable profit for the year ended March 31 from HK$46.2 million a year prior, according to a Tuesday Hong Kong bourse filing.The financial services provider attributed the forecast to a higher interest income, as well as cost control and efficiency in interest and operating expenses.

HKG:1273
Asia

Hong Kong Finance Unit Extends HK$4 Million Loan

Hong Kong Finance Group (HKG:1273) unit Hong Kong Finance Company agreed to extend a HK$4 million loan to independent third parties Sun Chit Nam, Sun Siu Kit, and Lin Xi Wen, according to a Friday filing with the Hong Kong bourse.The loan has an interest rate of 18% per annum and will fall due nine months from drawdown.A second mortgage related to two residential properties and two car parking spaces in Hong Kong worth HK$148 million was pledged as security against the loan.

HKG:1273
Asia

Hong Kong Finance Group to Lend HK$8 Million to Prior Borrower

Hong Kong Finance Group (HKG:1273) said it agreed to lend a further HK$8 million to Tam Yuk Ching Jenny, according to a Hong Kong bourse filing Thursday.The new loan will refinance the HK$8 million Tam borrowed in the past, and accrue interest at 14.4% per annum. It will be secured against a first mortgage loan on a commercial property in Hong Kong.Tam will continue to owe a total of HK$23 million to the company when accounting for a separate HK$15 million borrowed from the firm previously.

HKG:1273

Track with the FINWIRES app suite

FolioX
FolioX
Track HKG:1273 in your portfolio
WheelAI
WheelAI
Analyze HKG:1273 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on HKG:1273