Signaling! CITIC Financial Assets has invested over 13 million yuan to increase shareholding in Daqin Railway. What does this signal?

① Industry insiders indicate that shareholding conducted from the perspective of good fundamentals and long-term investment will increase market confidence in the targeted company. ② CITIC Financial Assets stated that based on a bullish outlook on the development prospects and recognition of the value of Daqin Railway, they intend to enhance their influence on Daqin Railway through this shareholding.

cls.cnApr 10 20:12 ET

Daqin Railway (601006.SH): Shareholder Citic Financial Assets holds a 5% stake.

On April 10, Ge Long Hui announced that Daqin Railway (601006.SH) disclosed that on April 10, 2025, the company received a "Brief Report on Equity Changes" issued by China CITIC Financial Asset Management Co., Ltd. (hereinafter referred to as "CITIC Financial Asset"), informing that it has increased its Shareholding in the company by acquiring 2,012,460 Shares through a single asset service REITs - CITIC Trust No. 1 Asset Service Trust Project in the secondary market. After this increase, CITIC Financial Asset holds a total of 1,007,358,942 A-share common stocks of Daqin Railway, accounting for 5.00% of the total issued shares of Daqin Railway.

Gelonghui FinanceApr 10 06:49 ET

China CITIC Financial Asset Management's Profit Soars 445% in 2024

MT NewswiresMar 30 23:45 ET

CITIC Financial Assets (02799) annual report interpretation: profits exceeding 10 billion greatly surpass market expectations, with the long-term value center expected to gradually rise.

On March 29, China Citic Financial Asset Management Co., Ltd. released the 2024 annual performance report on the Hong Kong Stock Exchange.

Zhitong FinanceMar 28 10:27 ET

Express News | China CITIC Financial Asset Management FY Net Income Attributable RMB 9,618 Million

ReutersMar 28 08:57 ET

Express News | China CITIC Financial Asset Management FY Operating Expenses RMB 6,698.2 Million

ReutersMar 28 08:57 ET