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BOCOM International Acquires Notes for Long-Term Investment

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BOCOM International Acquires Notes for Long-Term Investment

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An announcement from BOCOM International Holdings Co. Ltd. ( (HK:3329) ) is now available.

BOCOM International Holdings Co. Ltd. announced the acquisition of CCAMCL Note I and CCAMCL Note II, amounting to approximately US$10 million, through its wholly-owned subsidiary, Preferred Investment. These acquisitions are considered discloseable transactions under the Hong Kong Stock Exchange’s Listing Rules, as they fall within a specific percentage ratio range. The acquisitions are expected to provide long-term investment opportunities for the company, generating stable returns while efficiently utilizing capital resources.

The most recent analyst rating on (HK:3329) stock is a Sell with a HK$6.21 price target. To see the full list of analyst forecasts on BOCOM International Holdings Co. Ltd. stock, see the HK:3329 Stock Forecast page.

More about BOCOM International Holdings Co. Ltd.

BOCOM International Holdings Co. Ltd. is primarily engaged in securities brokerage, margin financing, corporate finance and underwriting, investment and loans, and asset management and advisory businesses. The company’s licensed subsidiaries conduct regulated activities such as dealing in securities and futures, advising on securities and futures contracts, providing securities margin financing, advising on corporate finance, and offering asset management services.

YTD Price Performance: 52.38%

Average Trading Volume: 2,742,121

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.31B

See more data about 3329 stock on TipRanks’ Stock Analysis page.

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