E-Commodities (HKG:1733) said its Hainan More Richway Supply Chain Management unit secured a 100 million yuan credit facility from the Export-Import Bank of China, according to a Hong Kong bourse filing Tuesday.
Shares of the coal trader fell over 1% in morning trade Wednesday.
The company said it would guarantee the loan by an amount of up to 120 million yuan for the entirety of the credit facility period which expires Dec. 31, 2026.
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