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China Galaxy Securities Completes RMB2 Billion Bond Issuance

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China Galaxy Securities Completes RMB2 Billion Bond Issuance

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The latest update is out from China Galaxy Securities Co ( (HK:6881) ).

China Galaxy Securities Co., Ltd. has successfully completed the non-public issuance of its 2025 corporate bonds, second tranche, amounting to RMB2 billion. This issuance, which includes 13-month and 25-month bonds with coupon rates of 1.84% and 2.05% respectively, aims to bolster the company’s working capital and repay matured bonds, reflecting a strategic move to strengthen its financial position and market operations.

The most recent analyst rating on (HK:6881) stock is a Buy with a HK$13.99 price target. To see the full list of analyst forecasts on China Galaxy Securities Co stock, see the HK:6881 Stock Forecast page.

More about China Galaxy Securities Co

China Galaxy Securities Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the financial services industry. The company primarily focuses on securities brokerage, investment banking, and asset management services, catering to a range of professional investors and stakeholders in the financial market.

Average Trading Volume: 48,643,912

Current Market Cap: HK$185.8B

See more insights into 6881 stock on TipRanks’ Stock Analysis page.

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