CITIC Securities (SHA:600030, HKG:6030) indirect subsidiary CSI MTN issued $18 million in medium-term debts, according to a Tuesday filing with the Shanghai Stock Exchange.
The debts form part of a $3 billion issuance launched in March 2022, the filing said.
CITIC Securities International, a unit of CITIC Securities, is the guarantor of the issuance.
Once completed, CSI MTN will have issued $1.03 billion worth of securities, the filing said.
Shares surged 9% in Hong Kong and 7% in Shanghai during Tuesday's afternoon trading.
Price (HKD): $20.59, Change: $+1.3, Percent Change: +6.63%
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