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INDUSTRIAL REPORT

Nova Credit Announces Estimated Bankruptcy Rate 0.21% in Q1 2021

Nova Credit’s Chief Architect, Albert Lo was interviewed by local media about the latest prediction of bankruptcy rate – 0.21% in the coming 12 months. Interviews were featured in the Finance section.

During the interview, media focused on the unique algorithm of Nova’s innovative credit risk analysis model, “Event Driven Macro Economic Model”, and the key factors affecting the prediction of bankruptcy rate in the coming 12 months.

Nova appreciates all the media attention on its insightful findings and is looking forward to working closely with the press.

Please refer to the articles below.

11,340 broke in HK (The Standard)

(Chinese only)

諾華誠信料未來1年香港破產率0.21% 涉1.13萬人 (on.cc)

經濟預測|諾華誠信料來年1.13萬人破產 (AM730)

失業率難跌 破產恐飆30%(東方日報)

經濟預測|諾華誠信料來年1.13萬人破產 (經濟一周)