China Financial Services Grants Major Loan

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

China Financial Services Holdings Limited has announced a significant transaction, providing a six-month loan of RMB2,000,000 to two borrowers, Customer EM and Customer EN, secured by a mortgage on a commercial property valued at RMB3,600,000. The loan, bearing a 21.6% annual interest rate, is a discloseable event under the Hong Kong Listing Rules, as it exceeds the 5% threshold for notification.

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