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The latest announcement is out from China Industrial Securities International Financial Group Ltd. ( (HK:6058) ).
China Industrial Securities International Financial Group Ltd. announced the acquisition of notes valued at US$25 million issued by Verizon Communications Inc. The acquisition aligns with the company’s strategy to diversify its investment portfolio and generate stable returns. This move is considered beneficial for the company and its shareholders, as it broadens revenue streams and enhances portfolio balance.
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.
China Industrial Securities International Financial Group Ltd. is primarily involved in wealth management services, corporate finance services, asset management services, and financial products and investments.
Average Trading Volume: 4,962,724
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.84B
For detailed information about 6058 stock, go to TipRanks’ Stock Analysis page.