South China Assets Holdings Limited (“SCAH”) and its subsidiaries are principally engaged in (i) property development in the PRC; (ii) financial services (subsidiaries of SCAH are holding licences for types 1, 2, 4 and 9 regulated activities under the SFO, and providing money lending services under Money Lenders Ordinance, Chapter 163 of the Laws of Hong Kong) in Hong Kong; and (iii) the manufacture and sale of medical face masks and related products.



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