tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CMBC Capital Acquires $20 Million in Convertible Securities

Story Highlights
CMBC Capital Acquires $20 Million in Convertible Securities

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

CMBC Capital Holdings Limited ( (HK:1141) ) has issued an announcement.

CMBC Capital Holdings Limited announced the acquisition of convertible securities worth US$20 million through its subsidiary, CMBC Investment (HK). The acquisition, which is considered a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, was funded from the company’s internal resources and does not require shareholder approval.

More about CMBC Capital Holdings Limited

CMBC Capital Holdings Limited, incorporated in Bermuda, operates in the financial services industry. It is primarily involved in investment activities through its wholly-owned subsidiary, CMBC Investment (HK).

Average Trading Volume: 1,578,153

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.12B

Learn more about 1141 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1