Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
China Galaxy Securities Co ( (HK:6881) ) has issued an update.
China Galaxy Securities Co., Ltd. has obtained approval from the China Securities Regulatory Commission to register and publicly issue up to RMB30 billion in corporate bonds to professional investors, with the authorization valid for 24 months and allowing issuance in multiple tranches. The planned bond issuance will provide the securities firm with additional funding flexibility to support its business operations and growth, and the company has pledged to follow all regulatory requirements and shareholder authorizations while ensuring timely information disclosure, reinforcing its compliance stance and transparency toward stakeholders.
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 PRC-incorporated joint stock company listed in Hong Kong and operating in the securities industry, offering brokerage, investment banking, and related financial services to professional and institutional investors in China’s capital markets.
Average Trading Volume: 25,821,574
Current Market Cap: HK$170.3B
For an in-depth examination of 6881 stock, go to TipRanks’ Overview page.