HAITONG UT (01905) Plans to Issue Up to RMB1 Billion SME Support Corporate Bonds

Stock News

Nov 10

HAITONG UT (01905) announced its plan to issue the first tranche of SME support corporate bonds targeting professional institutional investors from November 12 to November 13, 2025. The issuance size will not exceed RMB1 billion (inclusive), with each bond having a face value of RMB100 and issued at par.

At least 70% of the raised funds will be allocated to support small and medium-sized enterprise development, while the remaining portion will be used to replace the principal of previously redeemed corporate bonds that were settled using the company's own funds.

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