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The latest announcement is out from China Industrial Securities International Financial Group Ltd. ( (HK:6058) ).
China Industrial Securities International Financial Group Ltd. announced that its wholly-owned subsidiary, CISI Investment, acquired bonds worth US$8 million from the open market. This acquisition, when combined with previous ones, constitutes a discloseable transaction under Hong Kong’s Listing Rules, requiring reporting and announcement but not shareholder approval. The bonds, issued by Yankuang Group (Cayman) Limited and guaranteed by Shandong Energy Group Co., Ltd., have a coupon rate of 3.50% and mature in 2029. This strategic move is funded through internal resources and positions the company to potentially benefit from the financial instruments’ returns, reflecting its proactive investment strategy.
More about China Industrial Securities International Financial Group Ltd.
China Industrial Securities International Financial Group Ltd. operates in the financial services industry, primarily focusing on investment and securities services. The company is involved in various financial transactions and investments, catering to a broad market that includes institutional and individual investors.
YTD Price Performance: 36.36%
Average Trading Volume: 2,395,718
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.2B
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