China Galaxy International Financial Holdings Limited announced that it has received HKD 1.73879175 billion in funding from China Galaxy Securities Co., Ltd.
China Galaxy International Financial Holdings Co., Ltd closed a private placement of common shares for gross proceeds of HKD 1,738,791,750 on December 8, 2021. The transaction included participation from returning investor China Galaxy Securities Co., Ltd to retain its 100% stake. The transaction has been approved by the 24th meeting of the third board of directors of China Galaxy Securities Co., Ltd. Post the completion of this capital increase companys share capital has been changed to HKD 5,000,00,000.