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CISI Enhances Portfolio with Strategic Note Acquisition from Morgan Stanley
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CISI Enhances Portfolio with Strategic Note Acquisition from Morgan Stanley

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

On January 6, 2025, China Industrial Securities International Financial Group Limited’s subsidiary, CISI Investment, acquired notes with a principal amount of US$7,492,000 from Morgan Stanley in the open market. The acquisition aligns with the company’s strategy to diversify and balance its investment portfolio, aiming to generate stable returns while mitigating risks. This transaction is deemed a discloseable transaction under Hong Kong’s Listing Rules, exempt from shareholder approval, and reflects the company’s ongoing commitment to sustainable business practices and shareholder value enhancement.

More about China Industrial Securities International Financial Group Ltd.

China Industrial Securities International Financial Group Limited is engaged in providing brokerage services, margin financing services, corporate finance services, asset management services, and financial products and investments.

YTD Price Performance: 0.91%

Average Trading Volume: 2,683,199

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$888M

Find detailed analytics on 6058 stock on TipRanks’ Stock Analysis page.

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