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China Healthwise Holdings ( (HK:0348) ) has issued an announcement.
China Healthwise Holdings Limited has announced a supplemental agreement to extend the repayment date for a financial facility provided to Customer N. The loan, amounting to up to HK$9 million, will now be repayable by March 21, 2026. This extension is part of the company’s strategy to manage its financial assistance offerings and maintain flexibility in its lending operations. The terms include an interest rate based on the Hong Kong Dollar Best Lending Rate plus 3%, with no security provided by the borrower. This move may impact the company’s financial operations by potentially increasing its exposure to credit risk, while also offering continued support to its clients.
More about China Healthwise Holdings
China Healthwise Holdings Limited operates in the financial services industry, primarily focusing on providing financial assistance and loans. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -43.12%
Average Trading Volume: 633,929
Technical Sentiment Signal: Buy
Current Market Cap: HK$70.11M
Learn more about 0348 stock on TipRanks’ Stock Analysis page.