China Galaxy Securities Co (HK:6881) has released an update.
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China Galaxy Securities Co. has successfully issued its 2024 sixteenth tranche of short-term commercial paper, raising RMB4 billion to enhance its working capital. This issuance, with a coupon rate of 1.78% and a term of 182 days, marks a strategic move to bolster the company’s financial resources. Investors may find the company’s proactive approach towards capital management noteworthy.
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