China Galaxy Securities Completes RMB5 Billion Bond Issuance
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China Galaxy Securities Co. has completed a RMB5 billion public issuance of 2025 perpetual subordinated bonds, approved by the China Securities Regulatory Commission. The funds will be used to repay matured corporate bonds, reflecting the company's strategic financial management. The latest analyst rating for its stock (HK:6881) is a Buy with a price target of HK$13.99. China Galaxy Securities operates in the financial services sector, focusing on securities brokerage, investment banking, and asset management, with a current market cap of HK$179.5 billion.
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