China Industrial Securities International Financial Group Ltd. (HK:6058) has released an update.
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China Industrial Securities International Financial Group Ltd.’s subsidiary, CISI Investment, has secured a $30 million subscription of preference shares from SPIC Preferred Company No.4 Ltd. This transaction, deemed discloseable under Hong Kong’s Listing Rules, reflects CISI’s strategic financial maneuvers in the stock market. The preference shares, offering a 4.95% annual dividend, represent a significant stake in SPIC’s capital structure.
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