Core Viewpoint - Huatai Securities has announced the issuance of subordinated bonds aimed at professional investors, with a total issuance amount of RMB 5 billion and a maturity period of 5 years, indicating the company's strategy to raise capital through debt instruments [1] Group 1 - The bonds, referred to as "20 Huatai C1," will start paying interest and principal from November 13, 2025 [1] - The coupon rate for the bonds is set at 4.48%, which reflects the company's cost of borrowing [1] - The bonds are part of Huatai Securities' broader capital management strategy to enhance its financial stability and support future growth [1]

Core Points - Huatai Securities (06886) announced the issuance of subordinated bonds aimed at professional investors, with a total issuance amount of RMB 5 billion [1] - The bonds, referred to as "20 Huatai C1," have a term of 5 years and a coupon rate of 4.48% [1] - Interest payments for the bonds will commence on November 13, 2025, covering the period from November 13, 2024, to November 12, 2025 [1]