CISI Financial Unit Buys Nearly $10 Million of Perpetual Bonds

MT Newswires Live

2024/12/06

China Industrial Securities International Financial Group (HKG:6058) unit CISI Investment acquired perpetual securities for roughly $10.6 million, a Thursday bourse filing said.

The perpetual securities were bought in the open market between Aug. 16 and Dec. 5, according to the securities broker.

The bonds make up part of a $2 billion issue of perpetual bonds by China Taiping Insurance (HKG:0966) with a 6.40% per annum interest rate.

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