First Credit Finance Group Limited 第一信用金融集團有限公司

SFC suspends China Wah Yan Healthcare (0648)
SEHK, 27-Nov-2017
Another member of the Enigma Network. 4 of the 50 stocks have now been suspended by the SFC. This follows First Credit Finance (8215) on 24-Nov-2017, New Ray Medicine (6108) on 6-Oct-2017 and Lerado (1225) on 6-Jun-2017.
SFC suspends First Credit Finance (8215) - another member of the Enigma Network
SEHK, 24-Nov-2017
The Enigma Network: 50 stocks not to own
Sometimes, all you need to tell a story is a picture. (15-May-2017)
Sau San Tong (8200) coughs up details of investments at 30-Sep-2016
Company announcement, 21-Nov-2016
This follows a Webb-site complaint to HKEX on 14-Nov-2016.
First Credit (8215) buys 88.89% of broker for HK$80m
Company announcement, 8-Nov-2016
First Credit (8215) lends someone HK$20m at 15% p.a. secured on shares of somethingDisclosure of interest
Company announcement, 1-Nov-2016
It fails to say who or what. Webb-site can tell you that the security is 17,034,930 shares (21.81%) of Huge China Holdings Ltd (0428). That number of shares is owned by Seize Minute Ltd, utlimately owned by Michael Kor Sing Mung, who would be the guarantor.
First Credit (8215) lends HK$23.4m to someone secured on convertible notes of somethingDisclosure of interest
Company announcement, 5-Oct-2016
They don't say who or what, but Webb-site can tell you the loan is secured on HK$43.82m of notes convertible into 29,210,976 shares (9.86%) of GET (8100) at $1.50 per share. The notes are owned by Ace Source International Ltd (BVI) which is owned by Mr Xue Qiushi, the CEO of GET.
Convoy (1019) accumulates 16.12% of First Credit (8215) for HK$198.9m
Company announcement, 27-Sep-2016
First Credit is also 19.84% owned by GET (8100), 9.65% by Jun Yang (0397) and 4.13% by Universe (1046). Convoy is 5.4% owned by GET and 9.93% owned by Jun Yang, and GET is 16.67% owned by Universe, amongst others in this network of companies that investors should avoid.
Universe (1046) reveals 4.13% stake in First Credit (8215)
Company announcement, 25-May-2016
The shares were purportedly acquired for "short-term trading" and therefore Universe did not disclose the acquisition at the time. 15m shares were subscribed in a placing, which must have been at $0.174, and 135m shares in the 9:1 rights issue at $0.127, for a total of $19.76m and an average $0.1317 per share.
HKICPA disciplines Ms Yeung Ho Yin, partner, and Ernst & Young (HK)
HKICPA, 27-Mar-2014
The listed company involved is not named, but it is almost certainly First Credit Finance Group Ltd (8215).
First Credit (8215): more errors in EPS calculations
Company announcement, 16-Aug-2012
First Credit (8215): errors in EPS calculations
Company announcement, 31-Jul-2012

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