Core Viewpoint - Hong Kong Credit (01273) has entered into a new loan agreement to provide a loan of HKD 15 million to a group of borrowers, aimed at settling previous loans totaling HKD 23 million [1] Group 1: Loan Agreement Details - The new loan agreement was established on December 24, 2025, between Hong Kong Credit (as the lender) and borrowers AC, AD, AE, and AF [1] - The principal amount of the new loan is HKD 15 million [1] - The proceeds from the new loan will be used to fully settle the principal of the previous loan A [1] Group 2: Previous Loan Agreements - Prior to the new loan agreement, Hong Kong Credit had entered into past loan agreements totaling HKD 23 million with the borrowers and customer AC [1]

Core Viewpoint - Hong Kong Credit (01273) has announced a new loan agreement to provide HKD 15 million to borrowers AC, AD, AE, and AF, aimed at settling previous loans totaling HKD 23 million [1] Group 1: Loan Agreement Details - The new loan agreement was established on December 24, 2025, between Hong Kong Credit (as the lender) and the borrowers [1] - The principal amount of the new loan is HKD 15 million [1] - The proceeds from the new loan will be used to fully settle the principal of the previous loan A [1] Group 2: Previous Loan Agreements - Prior to the new loan agreement, Hong Kong Credit had entered into past loan agreements totaling HKD 23 million with the borrowers and customer AC [1]

中信证券研报称，美国私募信贷市场的违约态势呈现结构性分化特征，中型企业风险可控但小微企业已 显危机征兆。截至今年10月底私募信贷领域违约率维持在5.2%的水平，中型企业私募信贷违约率持续 上扬，至10月末已攀升至3.2%的阶段性高点，而EBITDA低于2500万美元的小型借款人违约率则高达 11.7%。因此我们判断，未来美国私募信贷市场存在再次爆发尾部违约风险的可能性。此外，未来三年 内，美国私募信贷市场存量资产将迎来集中兑付期，或将推动市场加速进入再融资需求显著增长的结构 性窗口阶段。若未来小型企业私募信贷再融资受阻引发违约潮，并形成风险传导链，则可能直接冲击美 国保险机构持有的私募信贷资产组合。鉴于私募信贷市场缺乏流动性充裕的直接信用违约互换工具， CDX NA HY及其波动率相关资产或可作为对冲私募信贷市场风险的替代性选择。因此，在保持对存在 风险敞口的保险机构及商业发展公司（BDC）审慎态度的同时，或许可通过配置北美高收益债指数的 信用利差来对冲私募信贷潜在系统性崩塌会引发的估值联动冲击。 ...

Core Viewpoint - AEON CREDIT reported a significant increase in its financial performance for the first nine months of the fiscal year 2025/26, indicating strong growth in profitability and earnings per share [1] Financial Performance - The company's unaudited consolidated profit before tax for the first nine months was HKD 425 million, representing a 29.1% increase compared to the same period last year, which is an increase of HKD 95.7 million [1] - After deducting tax expenses of HKD 71.8 million, the group's profit recorded a growth of 28.1%, with net profit rising from HKD 275 million in the first nine months of the fiscal year 2024/25 to HKD 353 million in the reporting period [1] - Earnings per share increased from HKD 0.6574 to HKD 0.8422 during the reporting period [1]

Core Viewpoint - The company announced a mortgage loan agreement involving a principal amount of HKD 15 million with a borrower, set to be repaid over 24 months at an annual interest rate of 9.5% [1] Group 1 - The loan amount is HKD 15 million [1] - The interest rate for the loan is set at 9.5% per annum [1] - The repayment period for the loan is 24 months [1]

格隆汇12月22日丨鋑联控股(00459.HK)公告，于2025年12月22日，公司间接全资附属公司骏联信贷与借 款人及按揭人订立按揭贷款协议，据此，骏联信贷同意向借款人授出本金金额为港币1500万元之贷款， 按实际年利率9.5%计息，还款期为二十四个月。 ...

Core Viewpoint - The company, Zhenlian Holdings (00459), announced a mortgage loan agreement involving a loan of HKD 15 million with an interest rate of 9.5% for a repayment period of 24 months [1] Group 1 - Zhenlian Holdings' indirect wholly-owned subsidiary, Junlian Credit Limited, is the entity providing the loan [1] - The principal amount of the loan is set at HKD 15 million [1] - The loan will incur an actual annual interest rate of 9.5% [1] - The repayment period for the loan is established at 24 months [1]

蒙古央行12月9日称，2025年第三季度，蒙古7家储蓄信贷合作社从国内银行及金融机构融资额约6.32亿 图格里克（约人民币126.7万元），其中31.6%为银行贷款，68.4%为项目贷款。合作社会员投入资金 299.7亿图格里克（约人民币6006万元），占总资金7.9%；自有资金867亿图格里克（约人民币1.74亿 元），占22.8%。29家资产超过5亿图格里克的合作社占市场自有资金81.1%。 ...

全球最大债券基金之一的首席投资官警告称，信用市场存在一种"危险"的假设，在美联储干预市场能力 受到限制之际，评级虚高可能让投资者产生虚假的安全感。 眼下私募信贷迅速扩张，基金涌入这个过去由银行业占据主导地位的信贷市场，一些投资者更加依赖第 三方评级，而不是自己做深度的信用分析。Ivascyn说，这与危机前信用市场的自满情绪如出一辙。 不过，他表示，这种转变也为主动型投资者创造了一个"令人兴奋"的环境，市场的特点是承销"激进"、 风险溢价较大，央行干预空间缩小。 他透露，Pimco预计，在人工智能相关资本投资以及特朗普政府减税法案推动下，美国经济将在2026年 初走强，但他补充称，如果增长放缓，信用损失可能会增加，其结果很可能会让人失望，监管者也讨厌 第二次拯救同一个行业。 Ivascyn预计美联储本周可能会降息，并"希望在2026年让利率更低一些。但挑战在于，我们预计经济在 上半年会有些许再加速。通胀将保持在显著高于央行目标的水平。因此我们相信当美联储说他们将继续 关注数据时，他们是认真的。" 在谈到美联储独立性以及凯文·哈塞特被视为下任主席人选领跑者的问题时，Ivascyn表示Pimco预计"美 联储原则上 ...

格隆汇12月8日丨AEON CREDIT(00900.HK)宣布，董事会会议将订于2025年12月23日星期二召开，会上 董事会将(其中包括)批准发布公司及其附属公司截至2025年11月三十日止九个月的未经审核综合业绩。 ...