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CTF Services Limited Announces Approval for Panda Bonds Issuance

Story Highlights
  • CTF Services Limited receives approval for Panda Bonds issuance on the Shanghai Stock Exchange.
  • The first series of bonds targets professional investors, marking a strategic financial move.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CTF Services Limited Announces Approval for Panda Bonds Issuance

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NWS Holdings ( (HK:0659) ) has provided an announcement.

CTF Services Limited, incorporated in Bermuda, has announced the approval for the issuance of its Panda Bonds on the Shanghai Stock Exchange. The company has received approval from the China Securities Regulatory Commission for the registration of these bonds, which allows them to issue up to RMB5 billion over a 24-month period. The first series of these bonds, named the 2025 Corporate Bonds Series 1 (High-Growth Industry Bond), will be issued with a size not exceeding RMB0.8 billion, targeting professional investors. This move signifies a strategic step for CTF Services Limited to strengthen its financial position and expand its presence in the high-growth industry sector.

The most recent analyst rating on (HK:0659) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.

More about NWS Holdings

Average Trading Volume: 1,091,516

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$29.76B

For an in-depth examination of 0659 stock, go to TipRanks’ Stock Analysis page.

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