-- China Financial Services (HKG:0605) unit Shenzhen Credit Gain Finance agreed to grant an 8.5 million yuan loan to independent third-party Xie Jinen, according to a Friday Hong Kong bourse filing.
The loan has an interest rate of 13.2% per annum and will mature in six months.
A first legal charge mortgage for a 10.1 million yuan residential property in Shenzhen was pledged as security against the loan.