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China Galaxy Securities Completes RMB4 Billion Commercial Paper Issuance

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China Galaxy Securities Completes RMB4 Billion Commercial Paper Issuance

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China Galaxy Securities Co ( (HK:6881) ) just unveiled an announcement.

China Galaxy Securities Co., Ltd. has successfully completed the issuance of its 2025 twenty-eighth tranche of short-term commercial paper, raising RMB4 billion. The funds, with a term of 248 days and a coupon rate of 1.74%, will be used to supplement the company’s working capital, reflecting its strategic move to enhance liquidity and operational efficiency.

The most recent analyst rating on (HK:6881) stock is a Buy with a HK$13.99 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. It operates in the financial services industry, focusing on securities brokerage, investment banking, and asset management. The company is listed on the Stock Exchange of Hong Kong and is a significant player in the Chinese financial market.

Average Trading Volume: 27,600,495

Current Market Cap: HK$165.9B

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

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