SEHK:6881
SEHK:6881Capital Markets

China Galaxy Securities (SEHK:6881): Valuation Check After RMB4 Billion Short-Term Commercial Paper Issuance

China Galaxy Securities (SEHK:6881) has just wrapped up a RMB4 billion short term commercial paper issuance. This financing move sharpens its liquidity profile and gives it more flexibility on day to day funding needs. See our latest analysis for China Galaxy Securities. That push to shore up liquidity comes after a strong run, with a year to date share price return of about 60 percent and a three year total shareholder return above 200 percent, suggesting momentum is still broadly...