CISI Secures $30M Preference Share Investment
Company Announcements

CISI Secures $30M Preference Share Investment

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

China Industrial Securities International Financial Group Ltd.’s subsidiary, CISI Investment, has secured a $30 million subscription of preference shares from SPIC Preferred Company No.4 Ltd. This transaction, deemed discloseable under Hong Kong’s Listing Rules, reflects CISI’s strategic financial maneuvers in the stock market. The preference shares, offering a 4.95% annual dividend, represent a significant stake in SPIC’s capital structure.

For further insights into HK:6058 stock, check out 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