XINKONG INT CAP(00993.HK): Enters into Three-Year Financial Services Framework Agreement with Annual Cap of HK$4.6 Million
NewTimeSpace News: XINKONG INT CAP (00993.HK) announced in a disclosure on January 19, 2026 that it has entered into a framework agreement with its indirect controlling shareholder, CITIC Financial Assets International Holdings. The agreement clarifies the core arrangements for providing financial services to connected clients over the next three years, constituting a continuing connected transaction.
Pursuant to the agreement, the scope of services covers three categories: securities trading brokerage, placement, underwriting and distribution services; corporate financial advisory services; and asset management services. In terms of the amount, the annual transaction cap under the agreement is set at HK$4.6 million for each year.
XINKONG INT CAP stated that this cooperation is expected to expand the business scale through the connected party's client network, tap into opportunities in the non-performing assets sector, generate synergies and boost revenue.
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