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China Galaxy Securities Completes RMB1 Billion Bond Issuance for Tech Innovation

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China Galaxy Securities Completes RMB1 Billion Bond Issuance for Tech Innovation

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China Galaxy Securities Co ( (HK:6881) ) has issued an update.

China Galaxy Securities Co., Ltd. has successfully completed the public issuance of its 2025 technology and innovation corporate bonds, raising RMB1 billion. This issuance aims to support technology and innovation businesses, with at least 70% of the proceeds allocated to equity, bonds, and fund investments in this sector, while the remainder will supplement working capital under regulatory compliance. The issuance was well-supported by underwriters and their affiliates, though major shareholders and company executives did not participate in the subscription.

The most recent analyst rating on (HK:6881) stock is a Buy with a HK$12.59 price target. To see the full list of analyst forecasts on China Galaxy Securities Co stock, see the HK:6881 Stock Forecast page.

More about China Galaxy Securities Co

China Galaxy Securities Co., Ltd. is a financial services company based in the People’s Republic of China, primarily engaged in securities brokerage, investment banking, and asset management. The company focuses on providing financial solutions and services to professional investors and operates within the securities industry.

Average Trading Volume: 42,799,589

Current Market Cap: HK$173.7B

Learn more about 6881 stock on TipRanks’ Stock Analysis page.

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