China Industrial Securities International Financial Group Ltd. (HK:6058) has released an update.
China Industrial Securities International Financial Group Ltd. has engaged in a discloseable transaction by purchasing Notes valued at roughly US$6.85 million from Nippon Life Insurance Company, aiming to diversify and balance its investment portfolio. This strategic move, executed between May 7 and May 21, 2024, is expected to generate stable returns and is aligned with the company’s broader investment strategy. The transaction, which falls under a discloseable category according to Listing Rules, was funded through the company’s internal resources and did not require shareholder approval.
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