China Financial Services(00605.HK): Grants RMB 8.9 Million Loan to Client

NewTimeSpace News: China Financial Services announced on 24 July that its wholly-owned subsidiary Shenzhen Lingda Microcredit entered into a loan agreement with a client, granting a loan with principal of RMB 8.9 million, a term of six months and an annual interest rate of 12%.

NewTimeSpace News: On 24 July 2026, China Financial Services(00605.HK) issued an announcement. Its indirectly wholly-owned subsidiary Shenzhen Lingda Microcredit signed a loan agreement with client GH, granting a loan principal of RMB 8.9 million for six months at an annual interest rate of 12%. Interest shall be repaid monthly, and the principal shall be settled upon maturity.

According to the announcement, the loan is secured by a first legal charge mortgage over a residential property located in Futian District, Shenzhen. The property was valued at approximately RMB 10.67 million as of 15 July 2026.

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