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An announcement from China Financial Services Holdings Limited ( (HK:0605) ) is now available.
China Financial Services Holdings Limited announced a discloseable transaction involving a loan agreement with Customer FA. The company, through its subsidiary CDVC, will provide a loan of RMB25,000,000 for a one-year term at an interest rate of 16% per annum. The loan is secured by a first legal charge mortgage on a commercial property in Chengdu and a personal guarantee from the borrower. This transaction is significant as it meets the criteria for a discloseable transaction under the Hong Kong Stock Exchange’s listing rules, indicating a strategic financial move that may impact the company’s market positioning and stakeholder interests.
More about China Financial Services Holdings Limited
China Financial Services Holdings Limited operates in the financial services industry, focusing on providing financial assistance and lending solutions. The company is incorporated in Hong Kong and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 1,127,470
Technical Sentiment Signal: Buy
Current Market Cap: HK$279.2M
For an in-depth examination of 0605 stock, go to TipRanks’ Overview page.