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9F closes HKD 101 million loan receivables entrustment transaction with SCloudPay Hong Kong

PUBT·06/01/2026 20:03:58
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9F closes HKD 101 million loan receivables entrustment transaction with SCloudPay Hong Kong
  • 9F closed an entrustment transaction tied to loan receivables bought from a China CITIC Financial Asset Management unit for HKD 101 million.
  • The receivables were transferred to SCLOUDPAY (HONGKONG) INTERNATIONAL, which must pay the HKD 101 million in installments by Nov. 30, 2026.
  • SCLOUDPAY will also pay funding expenses of 8% per year under the entrustment agreement.
  • The agreement includes safeguards on payment, including pledge and custody arrangements.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 9F Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-063482), on June 01, 2026, and is solely responsible for the information contained therein.