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China Galaxy Securities Co ( (HK:6881) ) has issued an update.
China Galaxy Securities Co., Ltd. has successfully completed the non-public issuance of its 2025 corporate bonds, raising RMB5 billion. The issuance, approved by the Shanghai Stock Exchange and authorized by the company’s shareholders, includes two types of bonds with terms of two and three years, and proceeds will be used to repay matured corporate bonds. The issuance involved significant participation from related parties of the lead underwriters, highlighting the company’s strong connections within the financial industry.
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 financial services company based in the People’s Republic of China. It operates within the securities industry, providing a range of financial products and services, including brokerage, investment banking, and asset management, primarily focused on the Chinese market.
Average Trading Volume: 36,242,759
Current Market Cap: HK$170.8B
For an in-depth examination of 6881 stock, go to TipRanks’ Overview page.