GSN Corporations Limited [8242.HK] Stock Forecast

New Western Group Limited, an investment holding company, provides integrated circuits (ICs) solutions in the People's Republic of China, Korea, Russia, the United States, Canada, and internationally. The company operates through three segments: IC Business, Money Lending Business, and Property Management Business. It designs, develops, and sells ICs under the MiniLogic brand name; and offers tailor-made IC solutions. The company's application specific IC products include DVD player, power management, and electronic cigarette ICs; and standard IC products comprise LCD driver and power management ICs. It also engages in money lending activities, including provision of unsecured and secured loans to individuals and corporations. In addition, the company provides property management, investment and planning consulting services, real estate agent, and car parking management services. The company was formerly known as Megalogic Technology Holdings Limited and changed its name to New Western Group Limited in June 2018. The company was founded in 2000 and is headquartered in Wan Chai, Hong Kong. New Western Group Limited is a subsidiary of Champsword Limited.