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CISI Financial Group Announces Strategic Disposal of Bonds

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CISI Financial Group Announces Strategic Disposal of Bonds

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

China Industrial Securities International Financial Group Ltd. announced that its subsidiary, CISI Investment, completed the disposal of bonds totaling CNY50 million from Ningguo Ningyang Holding Group Co., Ltd. The transaction, conducted on the open market, amounted to approximately CNY45.18 million. The disposal is categorized as a discloseable transaction under Hong Kong Stock Exchange rules, requiring reporting but not shareholder approval. This move aligns with the company’s strategic financial management, potentially impacting its market positioning by optimizing asset allocation.

More about China Industrial Securities International Financial Group Ltd.

China Industrial Securities International Financial Group Ltd. operates in the financial services industry, focusing on investment and securities. The company provides a range of financial services including securities brokerage, asset management, and investment advisory, catering primarily to clients in Hong Kong and Mainland China.

YTD Price Performance: 4.55%

Average Trading Volume: 1,289,748

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$920M

For an in-depth examination of 6058 stock, go to TipRanks’ Stock Analysis page.

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