Cinda International Acquires Bonds Worth US$4.50 Million

An announcement from Cinda International Holdings Limited ( (HK:0111) ) is now available.

Cinda International Holdings Limited has acquired bonds worth an aggregate principal amount of US$4.50 million, equivalent to approximately HK$35.10 million, on the open market. The acquisition, which was funded through internal resources and credit facilities, is classified as a discloseable transaction under the Listing Rules, requiring notification and announcement but not shareholder approval. This move is part of the company’s strategy to enhance its fixed income investment portfolio, potentially impacting its market positioning and offering stakeholders insights into its investment direction.

More about Cinda International Holdings Limited

Cinda International Holdings Limited is primarily engaged in providing asset management services, corporate finance advisory services, securities brokering services, commodities and futures brokering services, and fixed income investment business.

YTD Price Performance: -23.33%

Technical Sentiment Signal: Strong Buy

Current Market Cap: €18.26M

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