China Financial Leasing Group Limited Announces Strategic Resource Allocation Towards Listed Securities Investments and Revised Use of Rights Issue Proceeds for Enhanced Returns
China Financial Leasing Group Limited has announced strategic plans to enhance its investment portfolio by reallocating resources towards listed securities. The Group aims to capitalize on favorable market conditions by utilizing approximately HK$16.6 million of the net proceeds from a recent Rights Issue for investments in both listed and unlisted securities. Additionally, approximately HK$2.9 million will be reserved as general working capital. The company believes that this strategic reallocation will bolster investment opportunities and improve returns, leveraging its sufficient working capital funds to focus on these investments. The move reflects a proactive approach to optimizing financial resources in response to positive market dynamics.
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