tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Financial Services Holdings Announces RMB19 Million Loan Agreement

Story Highlights
China Financial Services Holdings Announces RMB19 Million Loan Agreement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from China Financial Services Holdings Limited ( (HK:0605) ).

China Financial Services Holdings Limited has announced a discloseable transaction involving a loan agreement with Customer EZ, where SZCG, a subsidiary, will provide a loan of RMB19,000,000 for a one-year term at an interest rate of 12% per annum. This transaction, secured by a mortgage on a residential property in Shenzhen valued at approximately RMB27,415,000, is subject to notification and announcement requirements under the Hong Kong Stock Exchange’s Listing Rules, indicating its significance to the company’s financial operations and compliance obligations.

More about China Financial Services Holdings Limited

China Financial Services Holdings Limited operates in the financial services industry, focusing on providing financial assistance and loan services. The company is incorporated in Hong Kong and is listed on the Hong Kong Stock Exchange under the stock code 605.

Average Trading Volume: 1,186,019

Technical Sentiment Signal: Buy

Current Market Cap: HK$283.3M

For an in-depth examination of 0605 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

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
1