Asia
Quanzhou Huixin Micro-Credit Disposes Of Shares in Chaozhou Three-Circle; Shares Surge 8%
Quanzhou Huixin Micro-Credit (HKG:1577) disposed of shares in Chaozhou Three-Circle (SHE:300408) in the open market on Tuesday for nearly 12.8 million yuan, according to a same-day Hong Kong bourse filing.Shares of moneylender Quanzhou Huixin Micro-Credit were up 8% in Wednesday afternoon trading.The sale came in order for the company to realize its investment in Chaozhou Three-Circle.The company will use proceeds for general working capital.
HKG:1577SHE:300408
