tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Galaxy Securities Completes RMB3 Billion Commercial Paper Issuance

Story Highlights
  • China Galaxy Securities operates in financial services, offering brokerage and investment banking.
  • The company issued RMB3 billion in commercial paper to boost working capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Galaxy Securities Completes RMB3 Billion Commercial Paper Issuance

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

China Galaxy Securities Co., Ltd. has successfully completed the issuance of its 2025 ninth tranche of short-term commercial paper, amounting to RMB3 billion. This issuance, with a term of 150 days and a coupon rate of 1.63%, aims to supplement the company’s working capital, reflecting its strategic financial management and potential impact on its operational liquidity.

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 joint stock company incorporated in the People’s Republic of China, operating in the financial services industry. The company focuses on providing securities brokerage, investment banking, and asset management services.

Average Trading Volume: 72,028,748

Current Market Cap: HK$157.6B

For a thorough assessment of 6881 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1