localarcades| Jinhui Holdings is now up more than 11% after completing US$300 million in debt redemption and clearing public credit bonds

Jinhui Holdings (09993) once rose more than 22% in early tradinglocalarcades, Gao Jian 2localarcades. 72 Hong Kong dollars, the increase has now narrowed to an increase of 10.91% at 2.44 Hong Kong dollars, with a turnover of 16.2917 million Hong Kong dollars.

Jinhui Holdings previously released the results of its subsidiary Jinhui Group for the three months ended March 31, 2024. The group achieved 8.204 billion yuan during the period, a year-on-year increase of 16.78%; the net profit attributable to the parent was 65 million yuan, a year-on-year decrease of 81.94%.

Previously, on April 15, Jinhui Holdings announced that the company had settled all credit bonds issued on the open market. It is understood that in July 2023, Jinhui Holdings completed the clearing of domestic credit bonds and debts. In addition, the completion of the redemption of US$300 million of overseas bonds, all the company's public bonds have been fully redeemed.