Guotai Haitong Securities (SHA:601211, HKG:2611), formerly Guotai Junan Securities, guaranteed 513 million yuan to a subsidiary for issuing bonds worth 500 million yuan, according to a Shanghai bourse filing on Friday.
Guotai Haitong Financial Holdings served as a guarantor on behalf of the company.
The securities broker's Hong Kong shares jumped less than 3% during the midday trade.