Zhi Tong Cai Jing·2026-02-10 10:45Core Viewpoint - Huatai Securities has successfully completed the issuance of bonds totaling HKD 10 billion, with all conditions of the subscription agreement met, aimed at supporting its overseas business development and enhancing liquidity [1] Group 1: Bond Issuance Details - The bonds have a total principal amount of HKD 10 billion and were issued on February 10, 2026 [1] - The net proceeds from the bond issuance amount to approximately HKD 9.9247 billion [1] - The bonds can be converted into H-shares at an initial conversion price of HKD 19.70 per share, potentially converting into about 508 million H-shares if fully converted [1] Group 2: Use of Proceeds - Approximately 90% of the net proceeds will be allocated to support the company's overseas business, particularly in fixed income, foreign exchange, commodities trading, wealth management, and asset management [1] - The remaining 10% of the proceeds will be used to supplement other operational funds, ensuring liquidity and financial stability through the allocation of deposits and other high-liquidity assets [1]