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China Financial Services Holdings Limited ( (HK:0605) ) has shared an update.
China Financial Services Holdings Limited announced the execution of Loan Agreement B, providing a financial assistance package of HK$20,880,000 to Customer EX and Customer FL. This loan, secured against eight commercial properties, will be used to settle an outstanding principal from a previous loan and provide working capital for Customer FL. The transaction is classified as discloseable under Hong Kong’s Listing Rules, indicating its significance to stakeholders.
The most recent analyst rating on (HK:0605) stock is a Hold with a HK$0.98 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 within the financial services industry, focusing on providing financial assistance and loans. The company is incorporated in Hong Kong and is listed on the Stock Exchange of Hong Kong.
Average Trading Volume: 280,534
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$180.1M
Learn more about 0605 stock on TipRanks’ Stock Analysis page.