Dalian: Hong Kong-listed Qinhuangdao Port Group has announced that it has entered into a financial services framework agreement with Hebei Port Group Finance (HPG Finance).
Under the agreement HPG Finance agreed to provide a series of financial services to Qinhaungdao Port include deposit taking, loan, settlement and guarantee services.
HPG Finance was established by Qinhuangdao Port and Hebei Port Group in April this year. Qinhuangdao Port holds 40% equity interest in HPG Finance. [18/11/14]