China Financial Services Holdings Limited (HK:0605) has released an update.
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China Financial Services Holdings Limited has announced a significant loan agreement with Customers EH and EI, providing a one-year loan of RMB2,050,000 at an interest rate of 13.2% per annum, secured by a mortgage on a property valued at approximately RMB3,460,000. This financial move constitutes a discloseable transaction under the Listing Rules, indicating a strategic financial decision that could interest investors monitoring the company’s lending activities.
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