Xiamen ITG to Inject Capital Into Futures Affiliate

MT Newswires Live
Sep 15

Xiamen ITG (SHA:600755) and affiliate Xiamen International Trade Capital Group will inject a total of 353.4 million yuan into Xiamen International Trade Futures, according to a Tuesday filing with the Shanghai bourse.

The listed company will contribute 173.2 million yuan into the futures business, equivalent to its 49% stake, while Xiamen International Trade Capital Group will contribute 180.2 million yuan, equivalent to a 51% stake.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10