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Asia

CITIC Securities Unit Issues $5 Million in Bonds

CITIC Securities (SHA:600030, HKG:6030) indirect unit CSI MTN issued $5 million in medium term notes.Proceeds will be used to supplement working capital, according to a Wednesday filing with the Shanghai bourse.Shares of the financial services provider were down 1% in recent trade on the Shanghai bourse and 2% on the Hong Kong bourse.

HKG:6030SHA:600030
Asia

Hong Kong Stocks Edge Lower as U.S.-Iran Talks Stall; CITIC Securities Gains on Profit Jump

Hong Kong stocks ended little changed Monday as U.S.-Iran talks stalled, heightening concerns over potential disruptions to energy flows.The Hang Seng Index fell 52.42 points to end marginally lower at 25,925.65, while the Hang Seng China Enterprises Index dropped 19.30 points to 8,756.32.U.S. President Donald Trump scrapped plans to send envoys to Islamabad for weekend talks, signaling a pause in diplomatic efforts.He said Sunday Iran could call if it wants to negotiate an end to the conflict, while insisting it must not possess nuclear weapons, after Tehran urged the removal of obstacles to a deal, including the U.S. blockade of its ports.Sentiment was partially supported after an Axios report said Iran may prioritize reopening the strait while postponing nuclear negotiations.Meanwhile, China's industrial profits accelerated in March, marking their fastest growth in six months.Profits rose 15.8% year on year, up from a 15.2% increase in the January-February period, according to data from the National Bureau of Statistics released Monday.In corporate news, CITIC Securities (HKG:6030, SHA:600030) closed nearly 2% higher after reporting a 55% growth in first-quarter profit.

Hang SengHKG:6030SHA:600030
Asia

CITIC Securities' Profit Surges 55% in Q1

CITIC Securities (HKG:6030, SHA:600030) posted net profit attributable to owners of 10.2 billion yuan for the first quarter of 2026, up 55% from 6.61 billion yuan a year earlier, according to an April 24 Hong Kong bourse filing.Hong Kong-listed shares of the firm were up nearly 2% in Monday morning trade.Earnings per share came in at 0.67 yuan, compared with 0.43 yuan in the prior-year period.Operating revenue rose 41% to 23.2 billion yuan from 16.4 billion yuan.

HKG:6030SHA:600030
Asia

CITIC Securities' Unit to Get $13 Million in Guarantees for Bond Issuance; Shares Down 3%

CITIC Securities' (SHA:600030, HKG:6030) unit, CSI MTN, will receive guarantees worth $13.1 million for issuing a medium-term bond of the same amount, according to a Shanghai bourse filing on Friday.The guarantee will come from CITIC Securities International and Citicorp International.The issuance is part of a medium-term bond program launched in 2022.The financial services provider's Hong Kong shares dropped less than 3% during the afternoon trade.

HKG:6030SHA:600030

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