tiprankstipranks
CISI Investment Announces Disposal of US$14.5M Bonds
Company Announcements

CISI Investment Announces Disposal of US$14.5M Bonds

Story Highlights

Invest with Confidence:

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

CISI Investment, a part of China Industrial Securities International Financial Group Ltd., announced the disposal of bonds amounting to US$14.5 million on January 6, 2025, for approximately US$14.9 million. This transaction is classified as a discloseable transaction under Hong Kong Listing Rules, requiring reporting and announcement but exempt from shareholder approval. The bonds, issued by China Life Insurance (Overseas) Company Limited, are set to mature in 2033 with a coupon rate of 5.35%. The disposal is deemed to be on normal commercial terms at market price, with the identity of the buyer remaining undisclosed. This move is significant for the company’s operations as it aligns with its strategic financial management and market positioning.

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: 0.91%

Average Trading Volume: 2,683,199

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$888M

Learn more about 6058 stock on TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles