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An announcement from China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) is now available.
China Industrial Securities International Financial Group Ltd. announced the provision of three significant guarantees totaling up to US$200 million to secure obligations of its subsidiary, CISI Investment Limited, under Global Master Repurchase Agreements with three banks: Industrial and Commercial Bank of China (Asia) Limited, Hang Seng Bank, and Standard Chartered Bank. These guarantees reflect the company’s strategic move to bolster its financial operations and enhance its market positioning, without constituting notifiable or connected transactions under Hong Kong’s Listing Rules, thus maintaining transparency with shareholders and potential investors.
More about China Industrial Securities International Financial Group Ltd.
China Industrial Securities International Financial Group Ltd. operates in the financial services industry, focusing on securities and investment services. The company provides a range of financial products and services, primarily targeting the Asian market.
Average Trading Volume: 11,168,554
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.36B
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