TCL announced the establishment yesterday of a financial services company attached to its group, the Beijing Times reports. The company will handle deposits, loans, and calculations for TCL employees, and will alleviate the capital shortage that TCL is facing due to multimedia and telecom units. The company is 62% owned by the TCL Group, 14% owned by TCL King of Hohhot, and 4$ by TCL Mobile also of Hohhot). The Bank of East Asia also held 20% of the stok, or 100 million yuan worth.Link: http://bjt.net.cn/news.asp?newsid=141023