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China Industrial Securities Secures HK$500 Million Loan Facility

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China Industrial Securities Secures HK$500 Million Loan Facility

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China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) has provided an announcement.

China Industrial Securities International Financial Group Limited announced that it has entered into a facility agreement with a bank for an uncommitted revolving loan facility of up to HK$500,000,000. This agreement underscores the company’s strategic financial management and the importance of maintaining its controlling shareholder, Industrial Securities Co., Ltd., as a condition of the loan, which could impact its financial stability and stakeholder relations.

The most recent analyst rating on (HK:6058) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Industrial Securities International Financial Group Ltd. stock, see the HK:6058 Stock Forecast page.

More about China Industrial Securities International Financial Group Ltd.

China Industrial Securities International Financial Group Limited is a financial services company incorporated in the Cayman Islands. The company operates in the securities industry and is primarily focused on providing financial services and products.

Average Trading Volume: 6,804,061

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.92B

See more data about 6058 stock on TipRanks’ Stock Analysis page.

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