Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Equity Bottom-Up

China Cinda Asset Management / Equity Bottom-Up

Founder Securities Co. Ltd.’s third-largest shareholder, China Cinda Asset Management Co. Ltd., is selling 2% of the brokerage’s stock worth 1.2 billion yuan ($166 million).The share sale is to meet Cinda’s needs for corporate operations, Founder Securities said Monday night in a statement.China Cinda, the nation’s biggest state-owned bad-debt manager, plans to sell as many as 165 million shares of Founder Securities between Aug. 23 and Feb. 22, 2024, through centralized bidding, the brokerage said.

Founder Securities Co. Ltd.’s third-largest shareholder, China Cinda Asset Management Co. Ltd., is selling 2% of the brokerage’s stock worth 1.2 billion yuan ($166 million).The share sale is to meet Cinda’s needs for corporate operations, Founder Securities said Monday night in a statement.China Cinda, the nation’s biggest state-owned bad-debt manager, plans to sell as many as 165 million shares of Founder Securities between Aug. 23 and Feb. 22, 2024, through centralized bidding, the brokerage said.

China Cinda to Sell $166 Million of Founder Securities Shares

Cross Asset Strategy

<ul><li>Ships / In Depth: China pushes electric future for inland shipping</li><li>Torrential rains /: North China city pleads for emergency aid after flood</li><li>Mortgage /: Central bank vows further mortgage easing to support housing</li></ul>

Ships / In Depth: China pushes electric future for inland shippingTorrential rains /: North China city pleads for emergency aid after floodMortgage /: Central bank vows further mortgage easing to support housing

CX Daily: China Pushes Electric Future for Inland Shipping

China

Founder Securities Company Limited's major business includes securities brokerage, securities investment consulting, securities trading, financial advisory on securities investment and trading activities, proprietary trading, securities asset management, investment fund distribution, margin business, and provide intermediate agency services for Founder Futures Limited.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Founder Securities Co Ltd A (601901 CH)

China Cinda to Sell $166 Million of Founder Securities Shares

Founder Securities Co. Ltd.’s third-largest shareholder, China Cinda Asset Management Co. Ltd., is selling 2% of the brokerage’s stock worth 1.2...

Caixin Global

CX Daily: China Pushes Electric Future for Inland Shipping

Ships / In Depth: China pushes electric future for inland shipping Torrential rains /: North China city pleads for emergency aid after...

Caixin Global

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)