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China Industrial Securities International Secures Subsidiary Obligations with BOCHK Guarantees

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China Industrial Securities International Secures Subsidiary Obligations with BOCHK Guarantees

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

China Industrial Securities International Financial Group Ltd. has announced the provision of two guarantees to Bank of China (Hong Kong) Limited. The first guarantee, amounting to HK$710,000,000, secures obligations of its wholly-owned subsidiary, CISI Brokerage, while the second, amounting to HK$10,000,000, secures obligations of CISI Futures. These guarantees are part of the company’s strategic business development efforts and are not considered notifiable or connected transactions under Hong Kong’s listing rules.

More about China Industrial Securities International Financial Group Ltd.

China Industrial Securities International Financial Group Ltd. is a financial services company incorporated in the Cayman Islands. It operates through its subsidiaries, offering brokerage and futures services, with a market focus on Hong Kong.

Average Trading Volume: 2,111,502

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.42B

Learn more about 6058 stock on TipRanks’ Stock Analysis page.

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