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BOCOM International Expands Investment Portfolio with HSBC Notes Acquisition
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BOCOM International Expands Investment Portfolio with HSBC Notes Acquisition

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BOCOM International Holdings Co. Ltd. ( (HK:3329) ) just unveiled an announcement.

BOCOM International Holdings Co. Ltd. announced the acquisition of US$4.9 million HSBC Notes through its subsidiary, Preferred Investment. This acquisition, along with previous ones, classified as discloseable transactions under Hong Kong’s Listing Rules, suggest strategic expansion in their investment portfolio. The acquisitions are funded through internal resources, indicating robust financial health, and are anticipated to enhance the company’s market position in fixed income securities.

More about BOCOM International Holdings Co. Ltd.

BOCOM International Holdings Co. Ltd. is principally engaged in the financial services industry, focusing on securities brokerage, margin financing, corporate finance and underwriting, investment and loans, and asset management and advisory businesses. It operates through its licensed subsidiaries to provide services such as dealing in securities and futures, advising on securities and futures contracts, and asset management.

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €100.5M

For a thorough assessment of 3329 stock, go to TipRanks’ Stock Analysis page.

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