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China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) has issued an update.
China Industrial Securities International Financial Group Limited has, through its indirect wholly owned subsidiary CISI Investment, acquired Ausgrid Finance Pty Ltd notes with an aggregate principal amount of A$18.84 million (about HK$98.5 million) on the open market, funded by internal resources. The purchase, when aggregated with a previous acquisition of the same notes, crosses the 5% threshold under Hong Kong listing rules but remains below 25%, classifying it as a discloseable transaction requiring public reporting and announcement but not shareholder approval, highlighting the group’s continued allocation of capital into secured, fixed-income instruments as part of its investment activities.
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 offering a range of securities brokerage, investment banking, asset management and proprietary investment services. Through its subsidiaries, the group actively participates in capital markets and fixed-income investments, targeting both institutional and individual investors with a focus on international and Greater China markets.
Average Trading Volume: 2,127,883
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.98B
See more data about 6058 stock on TipRanks’ Stock Analysis page.