CITIC Securities (SHA:600030, HKG:6030) indirect subsidiary CSIMTN issued $10 million in medium-term debts, according to a Saturday filing with the Shanghai bourse.
Shares fell 3% in Hong Kong and 2% in Shanghai during afternoon trading on Monday.
CITIC Securities International is the guarantor of the issuance, the filing said.
The issuance is part of a medium-term debt program approved in March 2022.