Haidilao International Holding (HK:6862) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Haidilao International Holding Ltd. has entered into a series of loan agreements through its subsidiary, Sichuan Xinpai, to provide financial assistance to Xi’an Yanqing, with a recent loan facility amounting to up to RMB500 million. These transactions, considered connected under Hong Kong’s Listing Rules, require reporting but are exempt from independent shareholder approval. This move signifies Haidilao’s strategic financial maneuvers within its corporate structure.
For further insights into HK:6862 stock, check out TipRanks’ Stock Analysis page.
