--- title: "Hong Kong Finance Group Grants HK$4 Million Secured Loan in Discloseable Deal" type: "News" locale: "en" url: "https://longbridge.com/en/news/288036511.md" description: "Hong Kong Finance Group Ltd. has granted a HK$4 million secured loan to three repeat customers under a nine-month facility at an 18% interest rate. The loan is secured by a second mortgage on two residential units and two parking spaces valued at HK$148 million. This transaction, part of a total of HK$60 million loaned to these borrowers in a year, is classified as a discloseable transaction under Hong Kong listing rules due to its aggregation requirements." datetime: "2026-05-29T08:41:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288036511.md) - [en](https://longbridge.com/en/news/288036511.md) - [zh-HK](https://longbridge.com/zh-HK/news/288036511.md) --- # Hong Kong Finance Group Grants HK$4 Million Secured Loan in Discloseable Deal ### Memorial Day Sale – Claim 70% Off TipRanks - Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis. - Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter Hong Kong Finance Group Ltd. ( (HK:1273) ) has provided an update. Hong Kong Finance Group has agreed to extend a new secured loan of HK$4 million to three repeat customers under a nine-month facility carrying an interest rate of 18% per annum. The loan is backed by a second mortgage over two residential units and two car parking spaces on Conduit Road, Hong Kong, valued at about HK$148 million by an independent valuer. Including this advance, the group has provided a total of HK$60 million in loans to these borrowers within a year, requiring aggregation under Hong Kong listing rules and triggering a discloseable transaction classification. The company says the short tenure, strong collateral coverage, and solid financial background and repayment history of key borrowers render the credit risk manageable for its lending portfolio. **More about Hong Kong Finance Group Ltd.** Hong Kong Finance Group Limited is a Hong Kong-based financial services company engaged in money lending activities through its subsidiary HK Finance. The group focuses on providing secured loans to customers, often backed by real estate collateral in prime locations, and operates under the regulatory framework of the Hong Kong Stock Exchange. **Average Trading Volume:** 129,241 **Technical Sentiment Signal:** Buy **Current Market Cap:** HK$253.2M ### Related Stocks - [01273.HK](https://longbridge.com/en/quote/01273.HK.md) ## Related News & Research - [CreditCube Provides Guidance for Consumers Reviewing Installment Loan Options](https://longbridge.com/en/news/289968445.md) - [Here's the new way to significantly reduce the interest rate on your student loans](https://longbridge.com/en/news/290231354.md) - [EBRD lends USD 50 million to Uzbekistan Mortgage Refinancing Company](https://longbridge.com/en/news/290141820.md) - [15:16 ETNexBank Ranked as a Top Mortgage Lender for Fifth Consecutive Year](https://longbridge.com/en/news/289504876.md) - [KBRA Assigns Preliminary Ratings to Deephaven Residential Mortgage Trust 2026-INV3 (DRMT 2026-INV3)](https://longbridge.com/en/news/290085677.md)