Northeast Securities (SHE:000686) issued short-term bonds worth 1.50 billion yuan in an off-exchange offering, according to a Shenzhen bourse filing to a Thursday disclosure on the Shenzhen bourse.
The securities company's shares fell 2% at the close of Friday's trade.
The bond has a coupon rate of 1.57% and the subscription multiple was 2.10 times.
The offering period was between Wednesday, Aug. 12, and Thursday, Aug. 13.