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China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) has provided an update.
China Industrial Securities International Financial Group Ltd. announced a voluntary update on its business development, revealing that it has entered into a guarantee agreement with Dah Sing Bank. This agreement secures obligations of its wholly-owned subsidiary, CISI Brokerage, for an uncommitted facility letter, with the guarantee amount not exceeding HK$250 million. This strategic move is part of the company’s ongoing efforts to strengthen its financial operations, although it does not constitute a notifiable or connected transaction under Hong Kong’s Listing Rules.
More about China Industrial Securities International Financial Group Ltd.
China Industrial Securities International Financial Group Ltd. operates in the financial services industry, focusing on providing brokerage and investment services. The company is based in Hong Kong and is involved in various financial activities through its subsidiaries.
Average Trading Volume: 2,385,206
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.48B
See more insights into 6058 stock on TipRanks’ Stock Analysis page.