The Zhitong Finance App learned that Jinhui Holdings (09993) once rose more than 7%. As of press release, it had risen 4.25% to HK$2.21, with a turnover of HK$2,731,100.
According to the news, there is recent market news that Jinhui Holdings has an opportunity to pay off its 300 million US dollar defaulted dollar debt with an interest rate of 7.8% as soon as this week. According to data, this default debt matured on March 20, 2024, but close to closing time on the same day, Jinhui issued an announcement stating that no payment had been made, and the company announced that the debt had essentially defaulted. Earlier, Jinhui Group executives said that although Jinhui's 300 million US dollar foreign debt has raised enough money, it still cannot be repaid due to restrictions on remittance.
In addition, according to Jinhui Holdings' 2023 financial report, the company obtained revenue of 34.249 billion yuan (RMB, same below) last year, a year-on-year decrease of 3.03%; shareholders' losses were 581 million yuan, and shareholders' profit for the same period last year was 1,705 billion yuan, which turned profit and loss year-on-year.