China Financial Services Holdings Limited (HK:0605) has released an update.
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China Financial Services Holdings Limited has entered into a loan agreement to lend RMB1,450,000 to Customer EG, with the loan carrying a 16.8% annual interest rate and a one-year term. The transaction is significant enough to be disclosed under the Listing Rules, as it exceeds a 5% ratio but remains below 25%. A residential property in Qingyang District, Chengdu, serves as security for the loan.
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