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China Industrial Securities International Renews HK$300 Million Loan Facility

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China Industrial Securities International Renews HK$300 Million Loan Facility

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China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) has provided an update.

China Industrial Securities International Financial Group Ltd. has renewed an uncommitted revolving loan facility of up to HK$300 million with a bank, allowing for borrowing in HKD, USD, or CNY. This renewal is contingent on the company’s controlling shareholder, Industrial Securities Co., Ltd., maintaining at least a 51% stake and management control. The facility’s renewal underscores the company’s ongoing efforts to secure flexible financing options, which may bolster its operational capabilities and market positioning.

More about China Industrial Securities International Financial Group Ltd.

China Industrial Securities International Financial Group Ltd. operates in the financial services industry, providing a range of financial products and services. The company is focused on securities trading, asset management, and financial advisory services, primarily serving clients in Hong Kong and the broader Asian market.

Average Trading Volume: 2,111,502

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.42B

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

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