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CITIC Securities Co Renews Key Framework Agreements with CITIC Group

Story Highlights
  • CITIC Securities Co focuses on securities, financial services, and property leasing.
  • The company renews key agreements with CITIC Group, impacting operations and stakeholder relations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CITIC Securities Co Renews Key Framework Agreements with CITIC Group

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CITIC Securities Co ( (HK:6030) ) just unveiled an update.

CITIC Securities Co announced the renewal of its continuing connected transactions with CITIC Group under various framework agreements, including those for securities and financial products, miscellaneous services, and property leasing. These agreements, set to be renewed from 2026 to 2028, require approval from independent shareholders due to the significant percentage ratios involved. The renewal aims to maintain the company’s strategic partnerships and operational continuity, impacting its market positioning and stakeholder relationships.

The most recent analyst rating on (HK:6030) stock is a Hold with a HK$29.00 price target. To see the full list of analyst forecasts on CITIC Securities Co stock, see the HK:6030 Stock Forecast page.

More about CITIC Securities Co

CITIC Securities Co is a joint stock limited company incorporated in the People’s Republic of China. It operates within the financial services industry, primarily focusing on securities and financial products transactions, financial services, and property leasing. The company is closely associated with CITIC Group, which holds a significant stake in it.

YTD Price Performance: 26.23%

Average Trading Volume: 16,805,465

Technical Sentiment Signal: Buy

Current Market Cap: HK$431.7B

Learn more about 6030 stock on TipRanks’ Stock Analysis page.

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