Sou Hu Cai Jing·2025-11-11 14:20Core Points - Huatai Securities (601688) reported a closing price of 22.45 yuan on November 11, 2025, down 1.06% from the previous trading day, with a total market capitalization of 202.65 billion yuan [1] - The company announced the issuance of four medium-term notes by its wholly-owned subsidiary, Huatai International Financial Holdings Co., Ltd., totaling 200 million USD, guaranteed unconditionally and irrevocably by Huatai International [1] - The guarantee amount is equivalent to 1.418 billion yuan, with an actual guarantee balance of 1.14 billion USD, and the guaranteed entity is an indirectly wholly-owned subsidiary with a debt-to-asset ratio exceeding 70% [1] - The total external guarantees provided by the company and its subsidiaries amount to 42.087 billion yuan, representing 21.96% of the latest audited net assets, with no overdue guarantees [1]