China Galaxy Securities Co (HK:6881) has released an update.
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China Galaxy Securities Co. has successfully issued its 2024 fifteenth tranche of short-term commercial paper, raising RMB4 billion to boost its working capital. The commercial paper, priced at RMB100 per unit with a 1.72% coupon rate, will mature in 90 days. This strategic move highlights the company’s proactive financial management in leveraging debt instruments.
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