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CISI International Buys US$17 Million of CSCEC-Linked Notes in Discloseable Deal

Story Highlights
  • CISI International, via CISI Investment, bought US$17.16 million CSCEC-linked notes.
  • The note purchases qualify as a discloseable transaction under Hong Kong listing rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CISI International Buys US$17 Million of CSCEC-Linked Notes in Discloseable Deal

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China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) has issued an announcement.

China Industrial Securities International Financial Group Limited, via its indirect wholly owned subsidiary CISI Investment, has acquired US$17.16 million in principal amount of notes issued by CSCEC Finance (Cayman) II Limited, a financing vehicle indirectly wholly owned by China State Construction Engineering Corporation Limited. The notes, which carry a fixed coupon of 3.5% and mature on 5 July 2027, were bought on the open market for about US$17.09 million using the group’s internal resources, with all sellers considered independent third parties. The transaction size, when combined with a previous acquisition of the same notes, triggers discloseable transaction status under Hong Kong listing rules, requiring public reporting and announcement but not shareholder approval, highlighting the group’s continued use of its balance sheet to build positions in state-linked Chinese credit instruments.

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 Limited is a Hong Kong–listed financial services firm incorporated in the Cayman Islands, operating through subsidiaries such as CISI Investment. The group focuses on securities trading, investment, and related financial services, deploying its own capital into fixed-income and other financial instruments across international markets.

Average Trading Volume: 1,830,786

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.88B

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

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