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The latest update is out from Central China Securities Co., Ltd. Class H ( (HK:1375) ).
Central China Securities Co., Ltd. announced the formation of a new partnership involving ZDKY Venture Capital, Henan Asset Fund, and Henan Asset. The partnership, with a total capital contribution not exceeding RMB125 million, aims to enhance the company’s investment capabilities. ZDKY Venture Capital, a wholly owned subsidiary of Central China Securities, will manage the fund, contributing up to RMB50 million. This strategic move is classified as a connected transaction under Hong Kong Listing Rules, requiring reporting and announcement but exempt from circulars and independent shareholders’ approval.
More about Central China Securities Co., Ltd. Class H
Central China Securities Co., Ltd. is a financial services company based in Henan Province, China, and operates in Hong Kong under the name 中州証券. The company is involved in securities trading, investment banking, and asset management.
Average Trading Volume: 143,942,283
Technical Sentiment Signal: Buy
Current Market Cap: HK$20.43B
Learn more about 1375 stock on TipRanks’ Stock Analysis page.