CMBC Capital (HKG:1141) unit CMBC Investment (HK) acquired $9 million of certain securities for nearly $9.3 million in the over-the-counter market, a May 23 Hong Kong bourse filing said.
The perpetual securities were issued by China Huaneng Group (Hong Kong) Treasury Management on July 5, 2024, in a total amount of $500 million.
The financial services provider purchased the securities for investment purposes.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.