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China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) has issued an announcement.
China Industrial Securities International Financial Group Ltd. (CISI) has announced the acquisition of notes worth an aggregate principal amount of US$15,060,000, equivalent to approximately HK$118,221,000, through its wholly-owned subsidiary, CISI Investment. These acquisitions, conducted on the open market, are classified as a discloseable transaction under Hong Kong’s Listing Rules, necessitating reporting and announcement requirements but not requiring shareholder approval. The notes, issued by Guangzhou Metro Investment Finance (BVI) Limited and guaranteed by Guangzhou Metro Investment Finance (HK) Limited, come with a fixed interest rate of 2.31% per annum and mature on 17 September 2030. This strategic acquisition, funded from internal resources, underscores CISI’s active engagement in the financial markets and may enhance its investment portfolio.
The most recent analyst rating on (HK:6058) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Industrial Securities International Financial Group Ltd. stock, see the HK:6058 Stock Forecast page.
More about China Industrial Securities International Financial Group Ltd.
Average Trading Volume: 3,806,344
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.96B
For an in-depth examination of 6058 stock, go to TipRanks’ Overview page.