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The latest update is out from CHTC Fong’s International Company Limited ( (HK:0641) ).
CHTC Fong’s International Company Limited has announced a new Financial Services Framework Agreement with SINOMACH Finance, effective from January 9, 2025, for a term of up to three years. This agreement marks a continuation of financial service provisions, including deposit and loan services, which will be conducted under normal commercial terms. The agreement is subject to various reporting and approval requirements under the Hong Kong Listing Rules, indicating significant connected transactions. It aims to align the company’s financial services with regulatory compliance and support its operational needs, reflecting an ongoing strategic partnership with the SINOMACH Group.
More about CHTC Fong’s International Company Limited
CHTC Fong’s International Company Limited is a company involved in the provision of financial services. The company focuses on major and continuing connected transactions, primarily collaborating with entities like SINOMACH Finance.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €44.88M
See more data about 0641 stock on TipRanks’ Stock Analysis page.