tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Galaxy Securities Completes RMB4 Billion Commercial Paper Issuance

Story Highlights
China Galaxy Securities Completes RMB4 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.

The latest update is out from China Galaxy Securities Co ( (HK:6881) ).

China Galaxy Securities Co., Ltd. has successfully completed the issuance of its thirteenth tranche of short-term commercial paper for the year 2025, amounting to RMB4 billion. The proceeds from this issuance, which carries a coupon rate of 1.64% and a term of 183 days, will be used to supplement the company’s working capital, reflecting a strategic move to enhance liquidity and operational capacity.

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 within the financial services industry. The company primarily focuses on providing securities brokerage, investment banking, and asset management services.

Average Trading Volume: 42,461,045

Current Market Cap: HK$161.1B

For an in-depth examination of 6881 stock, go to TipRanks’ Overview 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