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China Galaxy Securities Revises Annual Caps for Financial Services Agreement

Story Highlights
  • China Galaxy Securities Co revises annual caps for transactions with Galaxy Financial Holdings.
  • Revised transactions are subject to reporting and review but exempt from shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Galaxy Securities Revises Annual Caps for Financial Services Agreement

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An announcement from China Galaxy Securities Co ( (HK:6881) ) is now available.

China Galaxy Securities Co has announced a revision of its annual caps for transactions under its Securities and Financial Services Framework Agreement with Galaxy Financial Holdings. This adjustment, driven by increased business needs, impacts service charges, commissions, and interest payments related to the provision of securities and financial services. The revised transactions, categorized as continuing connected transactions, are subject to specific reporting and review requirements but do not require independent shareholder approval.

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 is a company incorporated in the People’s Republic of China, operating in the financial services industry. The company provides a range of services including securities brokerage, sales agency, and leasing of exchange trading units, focusing on delivering comprehensive financial solutions.

Average Trading Volume: 48,707,565

Current Market Cap: HK$184.4B

See more data about 6881 stock on TipRanks’ Stock Analysis page.

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