tiprankstipranks
China Financial Services Announces New Loan Deal
Company Announcements

China Financial Services Announces New Loan Deal

China Financial Services Holdings Limited (HK:0605) has released an update.

Don't Miss our Black Friday Offers:

China Financial Services Holdings Limited has provided a loan of RMB 2,500,000 to Customer EL with a one-year term, secured by a first legal charge on a residential property. The annual interest rate is set at 20.4%, with the principal to be repaid at maturity and interest payments due monthly. This loan transaction is significant enough to require disclosure according to the Listing Rules, as it exceeds 5% of the company’s applicable percentage ratio.

For further insights into HK:0605 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App