China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) has provided an announcement.
China Industrial Securities International Financial Group Limited announced an increase in the guarantee amount provided to HSBC from US$200 million to US$300 million. This move is intended to support the future investment plans and business development of its wholly-owned subsidiary, CISI Investment Limited, under the Global Master Repurchase Agreement. The guarantee does not constitute a notifiable or connected transaction under the Hong Kong Listing Rules, reflecting the company’s strategic step to bolster its subsidiary’s financial capabilities.
More about China Industrial Securities International Financial Group Ltd.
China Industrial Securities International Financial Group Limited operates in the financial services industry, focusing on investment and securities services. The company is incorporated in the Cayman Islands and is listed on the Stock Exchange of Hong Kong under the stock code 6058.
YTD Price Performance: 3.18%
Average Trading Volume: 1,303,309
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$908M
For an in-depth examination of 6058 stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com