The latest update is out from China Industrial Securities International Financial Group Ltd. ( (HK:6058) ).
China Industrial Securities International Financial Group Limited has announced the disposal of notes valued at US$15 million issued by Bank of America on the open market for approximately US$15.7 million. This discloseable transaction, conducted as part of the company’s strategy to diversify and balance its investment portfolio, is aimed at generating stable returns and increasing shareholder value. The disposal, constituting a significant percentage ratio under the Listing Rules, does not require shareholder approval but must be reported and announced.
More about China Industrial Securities International Financial Group Ltd.
China Industrial Securities International Financial Group Limited is engaged in providing brokerage services, margin financing services, corporate finance services, asset management services, and financial products and investments. The company focuses on generating stable returns through a diversified investment portfolio, including stocks, bonds, funds, structured products, and derivatives across various sectors.
YTD Price Performance: 2.24%
Average Trading Volume: 1,254,276
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$912M
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