China Industrial Securities International Buys US$20.4 Million of Mizuho Bank Notes

An announcement from China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) is now available.

China Industrial Securities International Financial Group’s indirect wholly owned subsidiary CISI Investment has acquired Mizuho Bank notes with an aggregate principal of about US$20.4 million on the open market, funded by internal resources. The purchases, part of a larger US$2 billion bond issue carrying a 5.185% coupon and maturing in 2036, qualify as a discloseable transaction in Hong Kong but are exempt from shareholder approval, as the relevant size ratios fall between 5% and 25% when aggregated with earlier acquisitions.

Management said the move aligns with the group’s strategy to balance and diversify its investment portfolio while seeking stable returns within an acceptable risk profile. By adding high-grade bank paper from a major global institution, the firm aims to strengthen its investment mix and support sustainable business growth, which directors believe is fair, reasonable, and in the interests of both the company and its shareholders.