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The latest announcement is out from China Industrial Securities International Financial Group Ltd. ( (HK:6058) ).
China Industrial Securities International Financial Group Limited, through its wholly-owned subsidiary CISI Investment, has acquired notes worth US$10 million issued by JPMorgan Chase & Co. The acquisition, valued at approximately US$9 million, is part of the company’s strategy to diversify its investment portfolio and ensure stable returns. The transaction is classified as a discloseable transaction under the Listing Rules, thus meeting certain reporting and announcement requirements. This move aligns with the company’s investment strategy of broadening revenue streams while maintaining acceptable risk levels.
More about China Industrial Securities International Financial Group Ltd.
China Industrial Securities International Financial Group Limited is primarily engaged in providing brokerage services, margin financing services, corporate finance services, asset management services, and financial products and investments.
YTD Price Performance: 0.45%
Average Trading Volume: 1,055,138
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$884M
Learn more about 6058 stock on TipRanks’ Stock Analysis page.
