China Financial Services Holdings Limited ( (HK:0605) ) just unveiled an announcement.
China Financial Services Holdings Limited announced a discloseable transaction involving a loan agreement with QLCG as the lender and Customer EX as the borrower. The loan, amounting to HK$38,000,000 with a 13.5% annual interest rate, is secured by commercial properties and guarantees, and is set for a one-year term. This transaction, exceeding certain percentage ratios under Hong Kong’s Listing Rules, requires notification and announcement, reflecting the company’s active engagement in financial assistance and its strategic positioning in the market.
More about China Financial Services Holdings Limited
China Financial Services Holdings Limited operates in the financial services industry, providing financial assistance and related services. The company focuses on offering loans and financial solutions to various clients, with a market presence in Hong Kong.
YTD Price Performance: -9.55%
Average Trading Volume: 665,694
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$287.3M
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