China Industrial Securities International Boosts Portfolio with A$25.85 Million Svenska Handelsbanken Notes Purchase

China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) has shared an announcement.

China Industrial Securities International Financial Group Limited has, through its wholly owned subsidiary CISI Investment, acquired notes issued by Svenska Handelsbanken AB in the open market with an aggregate principal amount of A$25.85 million for a total consideration of about A$26.16 million, funded by internal resources. The notes, part of a A$650 million issue bearing interest of 4.4871% and maturing on 2 September 2030, are intended to balance and diversify the group’s investment portfolio and generate stable returns within an acceptable risk level; the transaction qualifies as a discloseable transaction under Hong Kong listing rules, triggering reporting and announcement requirements but not shareholder approval, underscoring the group’s ongoing strategy to broaden revenue streams and enhance shareholder value through diversified fixed-income investments.

The most recent analyst rating on (HK:6058) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Industrial Securities International Financial Group Ltd. stock, see the HK:6058 Stock Forecast page.

More about China Industrial Securities International Financial Group Ltd.

China Industrial Securities International Financial Group Limited is a Hong Kong-listed financial services provider principally engaged in wealth management, corporate finance, asset management, and investments in financial products. The group focuses on generating stable returns for shareholders through a diversified portfolio spanning stocks, bonds, funds, structured products and derivatives across different business sectors.

Average Trading Volume: 1,830,786

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.88B

See more insights into 6058 stock on TipRanks’ Stock Analysis page.