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China Financial Services Holdings Limited ( (HK:0605) ) has provided an update.
China Financial Services Holdings Limited announced a discloseable transaction involving the provision of financial assistance through two secured loans totaling RMB12,100,000 to Customers FF and FG. The loans, granted within a 12-month period, require aggregation under Hong Kong’s Listing Rules, as they exceed certain percentage ratios, necessitating notification and announcement. The latest loan agreement, Loan B, involves a principal amount of RMB4,000,000 with a 12% interest rate, secured by a mortgage on a property in Beijing and a corporate guarantee.
The most recent analyst rating on (HK:0605) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Financial Services Holdings Limited stock, see the HK:0605 Stock Forecast page.
More about China Financial Services Holdings Limited
China Financial Services Holdings Limited operates in the financial services industry, primarily providing financial assistance and loan services. The company is focused on offering secured loans, with a market focus on providing financial solutions to various customers.
Average Trading Volume: 401,087
Technical Sentiment Signal: Sell
Current Market Cap: HK$228.6M
Learn more about 0605 stock on TipRanks’ Stock Analysis page.