Brief: China Fortune Holdings Updates On Expiry Of Agreement With Tencent

China Fortune Holdings

10/06/2020 11:40

June 10 (Reuters) - China Fortune Holdings Ltd  0110.HK :
    * UPON EXPIRY OF AGREEMENT ON 15 APRIL, BEIJING FEIYING AND
TENCENT HAS YET TO CONCLUDE ON RENEWAL OF A NEW AGREEMENT
    * CONSIDERS TERMINATION OF SERVICES PROVIDED BY BEIJING
FEIYING TO
TENCENT MAY LEAD TO DECREASE IN REVENUE OF GROUP
    * BEIJING FEIYING AND TENCENT ARE IN DISCUSSION FOR A
RENEWAL
    * BEIJING FEIYING STILL PROVIDING RELEVANT SERVICES AS
STIPULATED
IN AGREEMENT TO TENCENT AS OF JUNE 10

Source text for Eikon:  ID:nHKSc3PFVR 
Further company coverage:  0110.HK 

 ((Reuters.Briefs@thomsonreuters.com;))