China Galaxy Securities Issues 3 Billion Yuan Short-Term Commercial Paper

MT Newswires Live2024-09-12

China Galaxy Securities (HKG:6881) completed the issuance of the seventh tranche of its 2024 short-term commercial paper offering worth 3 billion yuan, according to a Thursday filing with the Hong Kong bourse.

The commercial paper has a 1.90% interest rate and a term of 91 days. The proceeds will be used to supplement the working capital.

The company's stocks were less than 1% up at Thursday's close.

Price (HKD): $4.16, Change: $+0.020, Percent Change: +0.48%

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