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China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) just unveiled an announcement.
China Industrial Securities International Financial Group Ltd. has announced a discloseable transaction involving its subsidiaries, CISI Brokerage and CISI Capital, subscribing to the Participating Shares of the CISI Global HKD Money Market Fund. The total subscription amount is HK$174,250,000, funded from internal resources. This transaction, which falls under specific listing rules, does not require shareholder approval but necessitates reporting and announcement. The fund aims to achieve long-term returns by investing primarily in HKD-denominated short-term deposits and high-quality money market instruments, ensuring capital safety and liquidity.
More about China Industrial Securities International Financial Group Ltd.
China Industrial Securities International Financial Group Ltd. is a financial services company incorporated in the Cayman Islands. It operates through its subsidiaries, CISI Brokerage and CISI Capital, providing asset management and investment advisory services. The company is involved in managing funds, including the CISI Global HKD Money Market Fund, which focuses on short-term deposits and high-quality money market instruments.
Average Trading Volume: 10,477,460
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.68B
Learn more about 6058 stock on TipRanks’ Stock Analysis page.