China Financial Services Unit Lends 20 Million Yuan to New Customers; Shares Rise 3%

MT Newswires Live

2024/12/24

China Financial Services (HKG:0605) subsidiary CFSH Urban Development (Beijing) Small Loan will lend 20 million yuan to the spouses of two customers in the medical device industry, according to a Monday filing with the Hong Kong Exchange.

The new customers are spouses of existing customers Liang Kai and Zhang Xiao Hui.

The loan has a term of three months with an interest rate of 16.2% per annum, the filing said.

Shares of the company jumped 3% in afternoon trading on Tuesday.

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