Cinda International Holdings Limited (HK:0111) has released an update.
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Cinda International (Shanghai), a fully-owned subsidiary of Cinda International Holdings Limited, has entered into an agreement to invest RMB 30 million into Preferred Class I and II Securities, managed by Cinda Securities, using the Group’s internal resources. This strategic move, which took place after trading hours on July 10, 2024, is classified as a discloseable transaction according to the Listing Rules, necessitating notification and announcement, but not requiring shareholder approval.
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