Cinda International Holdings Limited (HK:0111) has released an update.
Cinda International Holdings Limited has acquired RMB12.3 million worth of 6.5% bonds from the open market, marking a significant move in the fixed income investment space. The transaction, valued at approximately RMB10.49 million, highlights the company’s strategic financial maneuvers using its internal resources. The acquisition is a discloseable transaction, exempt from shareholder approval, under the Hong Kong listing rules.
For further insights into HK:0111 stock, check out TipRanks’ Stock Analysis page.