TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
China Cinda Asset Management Co ( (HK:1359) ) has shared an announcement.
China Cinda Asset Management Co., Ltd. announced the redemption of its tier-2 capital bonds, which were initially issued in November 2020 for RMB8 billion. The company has exercised its redemption right, completing the full redemption of these bonds ahead of the scheduled date in November 2025, reflecting its strategic financial management and potentially impacting its financial stability and market perception.
More about China Cinda Asset Management Co
China Cinda Asset Management Co., Ltd. is a financial services company based in the People’s Republic of China, primarily involved in asset management. The company focuses on managing distressed assets and providing financial solutions, operating within the national inter-bank bond market.
Average Trading Volume: 136,331,008
Technical Sentiment Signal: Buy
Current Market Cap: HK$47.32B
Find detailed analytics on 1359 stock on TipRanks’ Stock Analysis page.