Huatai Securities' Subsidiary Issues $15 Million in Bonds

MT Newswires Live

01/12

Huatai Securities' (SHA:601688, HKG:6886) indirectly-owned subsidiary, Huatai International Finance, issued medium-term bonds worth $15 million, according to a Shanghai bourse filing on Saturday.

The securities broker's Hong Kong shares fell over 1% while Shanghai shares dropped less than 2% during the morning trade.

After the bond issuance, the outstanding balance of guarantees for Huatai International Finance amounts to $1.62 billion.

The guarantees are from Huatai's overseas subsidiary, Huatai International Financial Holdings.

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