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Cinda International Unit to Invest 30 Million Yuan in Asset-Backed Securities
Financial services firm Cinda International Holdings' (HKG:0111) unit Cinda International (Shanghai) will subscribe to certain preferred classes of asset-backed securities issued by Dazhou City
Cinda Intl Hldg (00111.HK) subscribed to 30 million yuan of asset-backed securities.
On July 11th, Gelunhui reported that Cinda International Holdings (00111.HK) announced that on July 10, 2024, Cinda International (Shanghai) (a wholly-owned subsidiary of the company) and Cinda Securities entered into a subscription agreement. According to the agreement, Cinda International (Shanghai) will subscribe for the first-class and second-class securities, with a total subscription amount of RMB 30 million yuan (approximately HKD 33 million), excluding transaction costs.
Express News | Cinda International - Subscription for RMB30 Mln
Express News | Cinda International - to Subscribe 4.1% Preferred Class I Asset-Backed Securities & 4.35% Preferred Class II Asset-Backed Securities
Cinda Intl Hldg (00111.HK) purchased a total principal amount of 30 million yuan in bonds.
On July 10, Gelonhui reported that Cinda Intl Hldg (00111.HK) had purchased RMB 30 million worth of bonds on the open market as of July 10, 2024, at a total cost of approximately RMB 27.98 million.
Express News | Cinda International - Acquisitions of Bonds at Aggregate Consideration of RMB27.98 Mln
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