Shareholders Will Probably Not Have Any Issues With Yeahka Limited's (HKG:9923) CEO Compensation
Key Insights Yeahka to hold its Annual General Meeting on 5th of June CEO Yingqi Liu's total compensation includes salary of CN¥581.0k The overall pay is 50% below the industry average Yeahka's
Overseas Payment Subsidiary of Transfer Card (09923.HK) Wins Financials “Best Receipt and Payment Solution” 3A Award
Hong Kong, May 20, 2024/Mainest/ -- Recently, the prestigious international financial magazine The Asset announced the list of winners of the Triple A Treasurise Award (3A) in 2024, and the overseas payment services subsidiary of Transfer Card (09923.HK), won the “Best Receipt and Payment Solution” award. Lai Jinda, Secretary of the Board of Directors and General Manager of Finance, attended the award ceremony. AloTech, an overseas payment service company under the banner of card transfer, will launch the Yeahpay brand in 2023
Yeahka (09923.HK) has initially formed an overseas layout and is further expanding its overseas footprint
On May 20, GLONGHUI (09923.HK) announced that the company disclosed in its 2023 annual report that the Group's revenue was affected by non-recurring revenue adjustments. The impact is expected to end in the first half of 2024 and revenue will not be further reduced in the second half of 2024. Furthermore, the Group is undergoing a strategic upgrade. While ensuring the high-quality development of payment services, the Group is also gradually improving the synergy effects of its business lines and commercialization capabilities for other value-added services. The Group has initially formed an overseas layout, operating in Singapore, the United States and Hong Kong, China, and is further expanding its overseas footprint. Ultima
Transfer Card Holds Investor Open Day, Several Investment Institutions Held Pledging on “Beyond Payments”
Hong Kong, May 16, 2024/USA/-- On May 15, China's leading payment-based technology platform Transfer Card (09923.HK) held an investor open day event in Shenzhen, attracting several public funds, foreign long lines and investment banks to participate. Migrate Card Founder, Chairman of the Board, CEO Liu Ying-qi, Executive Director, CFO Yao Zhijin held in-depth discussions with the above-mentioned investors, analysts, etc., regarding the business strategy and development planning of Move Card. Mr. Liu Ying Qi, Founder, Chairman of the Board, and CEO Liu Yingqi introduced Mr. Liu Yingqi during the investor open day event
Yeahka (09923.HK): Repurchase and cancel the $70 million 6.25% convertible bond due in 2027 in the open market
On April 30, Gelonghui (09923.HK) issued an announcement. The relevant company issued 6.25% convertible bonds with a total principal amount of 70 million US dollars due in 2027. In order to increase shareholders' returns and demonstrate the company's confidence in its long-term business development prospects, as of April 30, 2024, the company has repurchased convertible bonds with a total principal amount of 15 million US dollars (“repurchased convertible bonds”), which is equivalent to about 21.4% of the principal amount of the original convertible bonds issued. These repurchases are funded from within the Group's resources and will not have a significant impact on the company's financial position. All already
移卡:2023年年度報告
Yeahka's (09923.HK) Founder Increases Holdings in Company Shares
Yeahka Limited's (HKG:9923) Stock Price Dropped 9.2% Last Week; Private Companies Would Not Be Happy
Key Insights The considerable ownership by private companies in Yeahka indicates that they collectively have a greater say in management and business strategy A total of 3 investors have a majority
Changes in Hong Kong stocks | Moving Card (09923) fell more than 4%, and the stock price hit a new low. The company's e-commerce business in stores was under pressure
Moving Card (09923) fell by more than 4%, to a low of HK$11.7, a new low since listing. As of press release, it decreased by 4.1% to HK$11.7, with a turnover of HK$5,0394 million.
BOC International: Maintaining the “Neutral” Rating of the Transfer Card (09923) and reducing the target price by 12.5% to HK$14
BOC International expects the revenue of card transfers (09923) to increase 23% to 4.3 billion yuan in 2024.
[Broker Focus] BOC International Savings Card (09923) target price of 12.5% indicates that expenses related to expansion may be higher than previously anticipated
Jinwu Financial News | According to BOC International Development Research Report, the 2023 results of Transfer Card (09923) are in line with expectations. Revenue in 2023 was RMB 4 billion (same below), an increase of 16% over the previous year. Adjusted EBITDA increased 161% year-on-year to $560 million, mainly benefiting from the expansion of payment business profits and the narrowing of in-store losses. Looking ahead, the short-term payment business will continue to be the main driver of growth. The bank expects payment GPV/revenue to increase by 9%/23% to 3.1 trillion yuan/4.3 billion yuan in 2024, excluding the impact of non-recurring revenue adjustments, and the payment rate will increase by 0.6 basis points. Arrived at the store or in 2024
Changes in Hong Kong stocks | Mobile Card (09923) fell nearly 5% to the store, putting pressure on e-commerce business, last year's net profit fell by more than 90% year on year
The Zhitong Finance App learned that the card transfer (09923) fell by nearly 5%. As of press release, it fell 4.77% to HK$11.98, with a turnover of HK$4.865,500. According to the news, Mobile Card announced its 2023 annual results, with revenue of 3,951 billion yuan (RMB, same below), up 15.6% year on year; profit attributable to the company's equity holders was 11.627 million yuan, a decrease of 92.45% year on year; and gross profit of 738 million yuan, down 28.4% year on year. This is also the first time since the company went public that gross profit declined. In addition, the company's in-store e-commerce service revenue during the reporting period was 103 million yuan, down from the previous year
Press Release: Yeahka Announces 2023 Annual Results
Yeahka Announces 2023 Annual Results PR Newswire HONG KONG, March 21, 2024 Brilliant growth momentum in one-stop payment services, GPV increased by 29.2% YoY, Adjusted EBITDA significantly improve
The card transfer cross-border payment business has made major breakthroughs and obtained MSO and MPI licenses in Hong Kong and Singapore
As a new market for moving cards, the overseas business has become a new business growth highlight.
YEAHKA: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2023
Cathay Pacific Junan: Maintain the target price of HK$30.01 for card transfer (09923) “gain” rating
Guotai Junan believes that in 2023, the mobile card (09923) payment transaction volume is expected to continue to increase, driving the payment business to continue to grow steadily; competition in the in-store e-commerce business intensifies, and revenue is expected to decline.
[Broker Focus] CITIC Construction Investment Maintains Card Transfer (09923) “Buy” Rating; Payment Business GPV Continues to Grow in 2023
Jinwu Financial News | CITIC Construction Investment Research Report said that Transcard (09923) will soon release its 2023 financial report. In view of changes in non-recurring revenue in the payment industry and increased competition in the in-store business, the bank has adjusted its revenue and net profit forecasts accordingly. The bank expects the GPV of the payment business to increase by 28.5% year on year to 2.87 trillion yuan, and the number of active service merchants will increase 13.6% year over year to 9.2 million, mainly benefiting from the recovery of offline consumption and expansion of payment distribution channels. Despite short-term pressure on payment business rates and a slight year-on-year decline, after excluding the impact of non-recurring revenue adjustments, 2023 is based on response
Moving Card (09923.HK) held a board meeting on March 21 to consider and approve the annual results
On March 11, GLONGHUI (09923.HK) announced that the board of directors meeting will be held on March 21, 2024 (Thursday) to consider and approve (including) the annual results and announcements of the company and its subsidiaries for the year ended 31 December 2023, as well as the proposal to pay a final dividend (if any).
YEAHKA: DATE OF BOARD MEETING
Changes in Hong Kong stocks | Moving Card (09923) fell more than 4% in the intraday period, competition intensified, payment rates weighed on company profits or fell short of expectations
Moving Card (09923) fell more than 4% in the intraday period. As of press release, it was down 3.7% to HK$13.02, with a turnover of HK$3,04,900.
No Data