China Industrial Securities International Financial Group Ltd. (HK:6058) has released an update.
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China Industrial Securities International Financial Group Ltd. has announced a significant financial move with its subsidiary, CISI Investment, subscribing to Alibaba Group Holding Limited’s notes, valued at CNY60 million. The notes, issued on 19th and 20th November 2024, are part of a larger CNY1.1 billion offering, offering a fixed interest rate of 3.5% annually until maturity in 2044. This transaction highlights the company’s strategic investments funded through internal resources, showcasing its commitment to expanding its financial portfolio.
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