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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 announced two significant guarantees with Bank of China (Hong Kong) Limited to secure obligations of its subsidiaries, CISI Brokerage and CISI Futures. These guarantees, totaling HK$930,000,000, reflect the company’s strategic move to bolster its subsidiaries’ financial stability and market operations, although they do not constitute notifiable or connected transactions under Hong Kong’s listing rules.
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 operates in the financial services industry, providing a range of services through its subsidiaries, including brokerage and futures trading. The company is focused on expanding its market presence and enhancing its financial offerings in Hong Kong.
Average Trading Volume: 4,463,885
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.94B
For detailed information about 6058 stock, go to TipRanks’ Stock Analysis page.