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CISI Financial Group Disposes of JPMorgan Notes to Optimize Portfolio

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CISI Financial Group Disposes of JPMorgan Notes to Optimize Portfolio

The latest announcement is out from China Industrial Securities International Financial Group Ltd. ( (HK:6058) ).

China Industrial Securities International Financial Group Ltd. announced the disposal of notes worth US$10 million, issued by JPMorgan Chase & Co., for approximately US$9.16 million on the open market. This transaction aligns with the company’s strategy to diversify its investment portfolio and optimize returns, reflecting its focus on financial products and investments. The disposal is considered a discloseable transaction under Hong Kong’s Listing Rules, but it does not require shareholder approval.

More about China Industrial Securities International Financial Group Ltd.

China Industrial Securities International Financial Group Ltd. is engaged in providing brokerage services, margin financing, corporate finance, asset management, and financial products and investments.

YTD Price Performance: 0.91%

Average Trading Volume: 1,173,350

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$888M

For a thorough assessment of 6058 stock, go to TipRanks’ Stock Analysis page.

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