tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CMBC Capital Acquires $10 Million in Convertible Securities

Story Highlights
CMBC Capital Acquires $10 Million in Convertible Securities

Elevate Your Investing Strategy:

CMBC Capital Holdings Limited ( (HK:1141) ) just unveiled an update.

CMBC Capital Holdings Limited, through its subsidiary CMBC Investment (HK), has acquired convertible securities worth US$10 million from Barclays PLC in the over-the-counter market. This acquisition is classified as a discloseable transaction under Hong Kong’s Listing Rules, requiring reporting and announcement but not shareholder approval, indicating a strategic move to enhance the company’s investment portfolio.

More about CMBC Capital Holdings Limited

CMBC Capital Holdings Limited is a financial services company incorporated in Bermuda, focusing on investment and capital management. It operates primarily through its subsidiary, CMBC Investment (HK), engaging in various financial transactions and investments.

Average Trading Volume: 951,179

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$313.3M

See more data about 1141 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1