CMBC Capital (HKG:1141) unit CMBC Investment (HK) acquired $20 million of certain perpetual convertible securities for nearly $21.4 million from the over-the-counter market, a Thursday filing with the Hong Kong bourse said.
The 7.625% fixed rate resetting securities make up part of a $1.5 billion issue by Barclays.
The financial services firm purchased the securities for investment purposes.