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CISI Acquires Lenovo Notes to Diversify Portfolio
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CISI Acquires Lenovo Notes to Diversify Portfolio

China Industrial Securities International Financial Group Ltd. (HK:6058) has released an update.

China Industrial Securities International Financial Group Ltd. (CISI) has recently expanded its investment portfolio by acquiring fixed-rate Notes with a 6.536% annual interest from Lenovo Group Limited, with the transaction amounting to approximately $8.79 million USD. This strategic move, executed through CISI Investment, an indirect wholly-owned subsidiary, aims to diversify and generate stable returns within an acceptable risk level. The purchase, exempt from shareholder approval, aligns with the Group’s broader investment approach to include various assets such as stocks, bonds, and derivatives.

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