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China Industrial Securities Secures HK$300 Million Loan Facility

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China Industrial Securities Secures HK$300 Million Loan Facility

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

China Industrial Securities International Financial Group Ltd. has secured an uncommitted revolving loan facility of up to HK$300 million from a bank. This facility is contingent upon Industrial Securities Co., Ltd. maintaining its status as the largest shareholder, holding at least 51% of the company’s issued share capital. This financial arrangement is expected to enhance the company’s liquidity and operational flexibility, potentially impacting its market positioning and stakeholder confidence.

More about China Industrial Securities International Financial Group Ltd.

China Industrial Securities International Financial Group Ltd. operates in the financial services industry, offering a range of financial products and services. The company is primarily focused on securities brokerage, asset management, and financial advisory services, with a significant market presence in Hong Kong.

Average Trading Volume: 2,698,087

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.52B

For detailed information about 6058 stock, go to TipRanks’ Stock Analysis page.

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