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CISI Announces Acquisition of Capital Securities to Diversify Portfolio

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CISI Announces Acquisition of Capital Securities to Diversify Portfolio

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China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) just unveiled an update.

China Industrial Securities International Financial Group Ltd. has announced a discloseable transaction involving the acquisition of capital securities worth US$20 million through its wholly-owned subsidiary, CISI Investment. This strategic move is aimed at generating stable returns and diversifying the company’s investment portfolio, aligning with its strategy to broaden revenue streams and enhance shareholder value.

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 engaged in providing wealth management services, corporate finance services, asset management services, and financial products and investments.

Average Trading Volume: 3,157,557

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.9B

Learn more about 6058 stock on TipRanks’ Stock Analysis page.

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