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Home > Latest

Xingda International (01899) granted a loan of HK$110 million.

date
08/02/2026
China Fortune Financial APP News, Xingda International (01899) announced that on November 13, 2025, the company entered into a loan agreement with the borrower (Great Trade Limited). According to the agreement, the company agreed to provide a loan of HKD 110 million to the borrower at an annual interest rate of 8%, with a repayment period of one year from the date of withdrawal.
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President Trump of the United States wrote, "We need more competition to combat the enemies - those national television networks that spread fake news. Facilitating beneficial deals like Nexstar-Tegna will help fight fake news because it will bring more, higher-level, and more complex competition. Those opponents may not fully understand the benefits of this deal now, but they will understand in the future. Let's get this deal done quickly!"
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