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ROI exceeds 20%! China's wealthy flock to the $1.7 trillion "high-yield market"......
Chinese wealthy investors are pursuing the $1.7 trillion private crediting market, ignoring warnings of rising default rates, because some of these trades have an roi exceeding 20%.
China Wisdom Hong Kong Stock Investment Journal | September 19th
Hong Kong Stock Investment Journal | September 19, 2024
New Century Group Unit Extends HK$30.2 Million Mortgage Loan
new century gp (00234.HK) granted affiliate a HK$30.2 million mortgage loan.
On September 5th, 2024, new century gp (00234.HK) announced that its indirect non-wholly-owned subsidiary, Easy Withdrawal Finance (as the lender), has entered into a new loan agreement with the customer (as the borrower). Under the new loan agreement, Easy Withdrawal Finance has agreed to grant a mortgage loan in the amount of 30.2 million Hong Kong dollars to the customer, with a term of twelve months.
NEW CENTURY GP: Annual Report 2024
New Century Group Hong Kong Swings to Profit in Fiscal Year 2024; Shares Up 7%
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