Da Yu Financial Expands Investment in Standard Chartered Notes

Da Yu Financial Holdings Limited (HK:1073) has released an update.

Da Yu Financial Holdings Limited, through a subsidiary, has recently expanded its investment portfolio by acquiring an additional US$1.0 million of Standard Chartered PLC’s junior subordinated perpetual notes, totaling an investment of US$2.0 million. This transaction falls under the category of a discloseable transaction according to the Listing Rules, as the total investment reaches approximately HK$13 million. The company plans to further increase its position to US$3.0 million using internal resources, without triggering a major transaction.

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