Cinda International Holdings (00111) issued an announcement. On April 26, 2024 (after the trading session), the company...
According to the Zhitong Finance App, Cinda International Holdings (00111) announced that on April 26, 2024 (after the trading period), the company purchased 3.95% perpetual securities with a total principal amount of 3 million US dollars on the open market, with a total cost of about 3 million US dollars (equivalent to about HK$23.4 million).
The announcement stated that the company purchased securities for investment purposes. The directors believe that the purchase can provide an opportunity for the Group to balance and diversify its investment portfolio and generate stable returns for the Group. The purchase matters also support the development of the Group's structured finance business, which is in line with the Group's development strategy.