According to the Zhitong Finance App, Hong Kong China Travel Service (00308) announced that on March 21, 2024, the company (as borrower) and Industrial and Commercial Bank of China (Asia) Limited (as lender) have concluded a financing letter for non-commitment revolving loan financing totaling up to HK$500 million (or its equivalent in RMB). The outstanding principal amount and accrued interest on all such financing must be repaid at or before one year from the date of initial withdrawal.

According to the financing letter, the company has promised the bank (including) that China Travel Group Limited and Hong Kong China Travel (Group) Co., Ltd. will remain the company's single largest shareholders during the loan term.