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Yue Da International Holdings Limited (Yue Da International), through its wholly owned subsidiary Yueda Commercial Factoring, has announced a new reverse factoring agreement with Yile Trading. The agreement, which took effect on March 27, 2025, and will remain valid until...
#Yile Trading#Yue Da International#Yue Da International Holdings
The Hong Kong Monetary Authority (HKMA) has announced plans to introduce a CNY 100bn (US$13.7bn) funding facility at the end…
#HKMA#supply chain#swift
Vesync Co., Ltd., a leading home appliance retailer headquartered in Hong Kong, has amended its Receivables Discounting Agreement with HSBC.…
#HSBC#invoice discounting#invoice finance
The Hong Kong Monetary Authority (HKMA), together with the banking sector, introduced multiple measures to further support, through financing as…
#HKMA#sme finance#SME lending
The Hong Kong Monetary Authority (HKMA) has revealed significant enhancements to the small and medium enterprises (SME) financing guarantee scheme.…
#HKMA#HKSAR#loan guarantee period
In a strategic move aimed at improving access to financing for small and medium-sized enterprises (SMEs), the Hong Kong Monetary…
#HKAB#HKMA#sme finance
Hong Kong Export Credit Insurance Corp (ECIC) has launched a new insurance cover for trade loans provided by FundPark, a…
#Amazon#exporters#platforms
Aspire, a leading all-in-one finance platform headquartered in Singapore, has announced the successful acquisition of a Money Service Operator (MSO)…
#business finance#financial services#international
The Hong Kong Monetary Authority (HKMA) has rolled out a new SME information hub on its website, aiming to aid…
#SME lending
The following is issued on behalf of the Hong Kong Monetary Authority (HKMA):The Hong Kong Monetary Authority (HKMA), together with…
#bank#management#SME financing
Hong Kong-based fintech startup FundPark has successfully secured a substantial investment of US$500m from Goldman Sachs, marking the second funding…
#Cash flow#cash-flow#Goldman Sachs
Dun & Bradstreet (D&B), a leading global provider of business decisioning data and analytics, has announced the cooperation with Hong…
#credit risk#export credit insurance#exporters
Following a notable recovery in 2021, the Hong Kong economy contracted 3.5 per cent in 2022, said Samantha Hiu Kwan Wong, Head…
#Samantha Hiu Kwan Wong#World Factoring Yearbook