CITIC Securities' (SHA:600030, HKG:6030) unit, CSI MTN, issued medium-term bonds worth $1.8 million, according to a Shanghai bourse filing on Saturday.
The securities company's Shanghai shares rose less than 1% during Monday's morning trade.
CITIC Securities International, a subsidiary fully owning CSI MTN, agreed to be the guarantor of the issuance.
The proceeds from the issuance will supplement the group's working capital.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.