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HKG:1776

16 stories mentioning HKG:1776Updated 4d ago

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GF Securities to Pay Interest on 2025 Bonds

GF Securities Co (SHE:000776, HKG:1776) on Friday will pay interest on its 2025 corporate bonds, according to a Wednesday aftermarket filing on the Shenzhen bourse.The three-year tranche carries a 1.80% coupon on an issuance scale of 4.7 billion yuan, paying 18.00 yuan per 1,000-yuan lot. The five-year tranche carries a 1.88% coupon on 1.1 billion yuan, paying 18.80 yuan per lot.Shares of the brokerage declined 2% in recent trade on the Hong Kong bourse and 1% in Shenzhen.

HKG:1776SHE:000776

Treasury17d ago

GF Securities to Pay Interest for Second Tranche of 2022 Securities; Shenzhen Shares Slide 4%

GF Securities (SHE:000776, HKG:1776) will pay interest for the second tranche of its 5-billion-yuan perpetual subordinated bond issuance, according to a Thursday after-hours filing with the Shenzhen bourse.Net interest payment after tax is 28.24 yuan per lot. The bonds, issued in 2022, hold a coupon of 3.53% per annum.Shares fell 4% in Shenzhen during the midday break.

HKG:1776SHE:000776

GF Securities to List 6 Billion Yuan Bonds

GF Securities (SHE:000776, HKG:1776) plans to list two series of bonds totalling 6 billion yuan on the Shenzhen Stock Exchange, according to a Wednesday bourse disclosure.The securities company's Hong Kong shares rose 3% during Thursday's morning trade.The first series comprises fixed-rate bonds totaling 4.20 billion yuan, carrying a 1.50% coupon rate and a 287-day term, maturing on April 29, 2027.The second series consists of fixed-rate bonds totaling 1.80 billion yuan, with a 1.51% coupon rate and a 357-day term, maturing on July 8, 2027.

HKG:1776SHE:000776

GF Securities to Delist 6 Billion Yuan Worth of Bonds Upon Redemption

GF Securities (SHE:000776, HKG:1776) plans to delist two tranches of bonds amounting to 6 billion yuan upon redemption, according to a Shenzhen bourse filing on Tuesday.The Chinese securities company's Hong Kong shares rose 1%, while Shenzhen shares slipped 1% during Wednesday's morning trade.The first bond amounts to 4.50 billion yuan, has a 3.45% coupon rate, and a term of five years. The second bond is worth 1.50 billion yuan, has a 3.77% coupon rate and a 10-year term.The company will pay the interest and full principal amount of the first tranche, and will pay the interest accrued on the second tranche, which was supposedly to mature in 2031, on Thursday, July 23.

HKG:1776SHE:000776

GF Securities Issues Bonds Worth 6 Billion Yuan

GF Securities (SHE:000776, HKG:1776) issued two tranches of bonds amounting to 6 billion yuan, according to a Shenzhen bourse filing on Friday.The first tranche, worth 4.2 billion yuan, has a 1.50% coupon rate and a term of 287 days.The second tranche, worth 1.8 billion yuan, has a 1.51% coupon rate and a term of 357 days.

HKG:1776SHE:000776

GF Securities to Pay Interest on Subordinated Bonds

GF Securities (SHE:000776, HKG:1776) on July 20 will pay annual interest on its 25 GF C5 subordinated bonds carrying a 1.85% coupon.The three-year bonds yield 18.50 yuan per 1,000-yuan lot. The record date is July 17, according to a Friday filing with the Shenzhen bourse.The bonds have a current outstanding balance of 4.16 billion yuan.Shares of the brokerage slipped 1% in Shenzhen and Hong Kong.

HKG:1776SHE:000776

GF Securities to Repay Principal, Delist 2023 Bonds on July 17

GF Securities (SHE:000776, HKG:1776) will pay back the principal and final year of interest for its 2023 corporate bonds on Friday,, according to an after-hours filing on Wednesday with the Shenzhen Stock Exchange.The 1.5-billion-yuan bonds had a term of three years and held an interest rate of 2.75%.The bonds will also be delisted Friday.Shares fell 2% in Shenzhen during morning trading on Thursday.

HKG:1776SHE:000776

GF Securities Lowers Conversion Price of Bonds After Dividend Declaration

GF Securities (HKG:1776, SHE:000776) reduced the conversion price of certain convertible bonds following the declaration of a final dividend for 2025.The conversion price for the HK$2.15 billion zero-coupon bonds maturing in 2027 was cut to HK$19.08 apiece from HK$19.82, effective Friday, July 17, according to a Wednesday Hong Kong bourse filing by the brokerage.Following adjustment, the maximum number of Hong Kong-listed shares on full conversion will be nearly 112.7 million.

HKG:1776SHE:000776

GF Securities Sets Interest Rate for Two Bond Tranches; Hong Kong Shares Rise 3%

GF Securities' (SHE:000776, HKG:1776) set the interest rate for two bond tranches following a book-building process, according to a Wednesday filing with the Shenzhen bourse.The issuer and bookrunner agreed to a rate of 1.5% for the first tranche and 1.51% for the second tranche.The bonds will be issued on Wednesday and Thursday.Shares rose 3% in Hong Kong and 2% in Shenzhen during morning trading on Thursday.

HKG:1776SHE:000776

GF Securities Expects Up to 85% Rise in H1 Profit; Hong Kong Shares Rise 4%

GF Securities (HKG:1776, SHE:000776) forecasts a 70% to 85% rise in its net attributable profit to between 11 billion yuan and 12 billion yuan in the first half from 6.47 billion yuan in the year-ago period, according to a Wednesday filing with the Shenzhen bourse.The brokerage expects earnings per share to rise to between 1.34 yuan and 1.47 yuan from 0.79 yuan a year earlier.GF Securities attributed the expected rise to higher revenue in its wealth management, trading and institution, investment management, and investment banking businesses.Shares rose 4% in Hong Kong and 2% in Shenzhen during morning trading on Wednesday.

HKG:1776SHE:000776

GF Securities' Two Bond Tranches to Pay Interest on July 15

GF Securities' (SHE:000776, HKG:1776) second and third tranches of corporate bonds issued in 2022 will pay interest on Wednesday, according to a after-market filing on Monday with the Shenzhen bourse.Tranche 2 is a 2-billion-yuan issuance with a five-year term and coupon of 3.24%, while tranche 3 has a size of 600 million yuan with a 10-year term and coupon of 3.7%.Shares fell 2% in Hong Kong during morning trading on Tuesday.

HKG:1776SHE:000776

GF Securities to Issue Bonds Worth 6 Billion Yuan

GF Securities (SHE:000776, HKG:1776) plans to issue two tranches of short-term bonds amounting to 6 billion yuan, according to a Tuesday disclosure on the Shenzhen bourse.The bonds, which is expected to be offered on Wednesday, July 15, have an inter-tranche reallocation option and there is no limit on the reallocation ratio.The first tranche will mature in 287 days, maturing April 29, 2027, and the second tranche will mature in 357 days, maturing July 8, 2027.Proceeds from the bond will be used to pay debt for other bonds.The securities company's Shenzhen bourse rose 1% during the morning trade.

HKG:1776SHE:000776

GF Securities Triggers Mandatory Bond Interest Event

GF Securities (SHE:000776, HKG:1776) said the shareholder approval of a profit distribution plan has triggered mandatory interest payment clauses for its outstanding perpetual subordinated bonds.Under the bond terms, dividends to common shareholders or capital reductions within 12 months before an interest payment date prevent interest deferral, according to a Tuesday filing with the Shanghai bourse.Shares of the securities company rose 5% in recent trade on the Shenzhen bourse.

HKG:1776SHE:000776

Fitch Affirms GF Securities' Long-Term IDR With Stable Outlook; Shares Jump 4%

Fitch Ratings affirmed GF Securities' (SHE:000776, HKG:1776) long-term issue default ratings at BBB, with the outlook set at stable, according to a June 26 commentary from the ratings firm.The securities broker's Hong Kong shares jumped 4%, while its Shenzhen shares rose 3% during Monday's afternoon trade.The ratings firm also affirmed GF's shareholder support rating at bbb.The long-term IDR is a notch above the company's standalone credit profile of bbb- due to "moderate likelihood of support" from China's Guangdong Province.The stable outlook shows that Fitch's expectation that the standalone credit profile, along with the expected moderate potential support, will remain unchanged in the medium term.The long-term IDR of the company's subsidiary, GF Holdings (Hong Kong), was also affirmed at BBB.

HKG:1776SHE:000776

GF Securities' 5 Billion Yuan Bond Reaches Maturity; Hong Kong Shares Slide 3%

GF Securities' (SHE:000776, HKG:1776) 5-billion-yuan bond issuance reached maturity and will be delisted, according to a Friday filing with the Shenzhen bourse.The 551-day bonds with a 1.8% coupon will trade for the last time on Friday before their delisting on June 29.Interest payout will depend on investor type, with non-resident enterprises and other investors getting 1,027.172602 yuan per 1,000 yuan face value, and individuals and mutual funds getting 1,021.738081 yuan per 1,000 yuan face value.Shares fell 3% in Hong Kong and 2% Shenzhen during morning trading on Friday.

HKG:1776SHE:000776

GF Securities Gets Result for Coupon-Rate Inquiry for Planned 6 Billion Yuan Bond

GF Securities (SHE:000776, HKG:1776) received results for an offline coupon-rate inquiry for a planned issuance of bonds worth up to 6 billion yuan, according to a Shenzhen bourse filing on Wednesday.The coupon rate for the first series was set at 1.68% and for the second series, it would be 1.78%.The bonds mark the company's fifth tranche for the year.The Chinese securities company's Shenzhen and Hong Kong shares both rose around 2% during the afternoon trade.

HKG:1776SHE:000776

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