BOCOM International Boosts Macquarie Note Holdings in Discloseable Transaction
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BOCOM International Holdings Co. Ltd. has announced that its subsidiary, Preferred Investment, acquired an additional US$7.61 million in Macquarie Group notes for about US$6.93 million. This follows a previous purchase of US$4 million in Macquarie Bank notes, making the total transactions discloseable under Hong Kong listing rules. The investments aim to enhance yield and expand BOCOM's portfolio in fixed-income instruments. The latest analyst rating for BOCOM International stock (HK:3329) is a Sell with a price target of HK$6.21.
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