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China Industrial Securities International Expands Financial Operations with New Guarantee Agreement

Story Highlights
  • China Industrial Securities International focuses on financial services and investment products.
  • The company entered a $150 million guarantee agreement with China CITIC Bank International.
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China Industrial Securities International Expands Financial Operations with New Guarantee Agreement

An announcement from China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) is now available.

China Industrial Securities International Financial Group Limited has announced a voluntary update on its business development, revealing a new guarantee agreement with China CITIC Bank International Limited. This agreement, which involves securing obligations of its wholly-owned subsidiary CISI Investment Limited, highlights the company’s strategic move to strengthen its financial operations without constituting a notifiable transaction under Hong Kong’s Listing Rules.

More about China Industrial Securities International Financial Group Ltd.

China Industrial Securities International Financial Group Limited is a financial services company incorporated in the Cayman Islands. It operates in the financial industry, focusing on providing a range of financial services and products, including investment and securities services, to its clients.

YTD Price Performance: 0.91%

Average Trading Volume: 1,173,350

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$888M

Learn more about 6058 stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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