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HKG:6066

9 stories mentioning HKG:6066Updated 16d ago

Every FINWIRES story that references HKG:6066, newest first.

Asia

CSC Financial Forecasts Up to 80% Surge in H1 Profit

CSC Financial (SHA:601066, HKG:6066) expects an attributable profit of between 7.21 billion yuan and 8.12 billion yuan for the first half of 2026, up 60% to 80% from 4.51 billion yuan a year prior.The securities company attributed the forecast to development in all its business segments and a boost in its operating results.

HKG:6066SHA:601066
Asia

Fitch Affirms CSC Financial's Long-Term Credit Rating

Fitch Ratings on Friday affirmed CSC Financial's (SHA:601066, HKG:6066) long-term credit rating of BBB+ with a stable outlook.The credit rating agency cited CSC Financial's backing by its state-owned shareholders and its importance in supporting China's capital-market development as factors for affirming the company's credit rating.The rating also reflects the high reputational risk to shareholders if CSC defaults, Fitch said.

HKG:6066SHA:601066
Asia

Changjiang Securities Proposes Issuance of 4 Billion Yuan Bonds; Shares Down 3%

Changjiang Securities (SHE:000783) proposed to issue bonds worth 4 billion yuan, according to a Shenzhen bourse filing on Friday.The fixed-coupon bonds will be issued in two tranches, with the first tranche having a three-year term and a redemption date of July 1, 2029. The second tranche will have a five-year term, with a redemption date of July 1, 2031.CSC Financial (SHA:601066, HKG:6066), Huatai United Securities, and Changjiang Securities Underwriting & Sponsorship will serve as joint underwriters of the issuance.The proceeds from the bond will be used to pay debt.The Chinese financial services provider's shares dropped 3% during the midday trade.

HKG:6066SHA:601066SHE:000783
Asia

Changjiang Securities to Offer Second Tranche of 4 Billion-Yuan Issuance; Shares Fall 3%

Changjiang Securities (SHE:000783) is looking to offer the second tranche of its 4 billion yuan bond issuance, according to an after-market filing on Thursday with the Shenzhen bourse.The second tranche has a five-year term maturing in 2031.CITIC Securities (HKG:6030, SHA:600030) is the lead underwriter, while CSC Financial (HKG:6066, SHA:601066), Huatai United Securities, and Changjiang Securities Underwriting Sponsorship are the joint lead underwriters.Huatai United Securities is also the bookkeeper and bond trustee.Shares fell 3% in early afternoon trade Friday.

HKG:6030HKG:6066SHA:600030SHA:601066SHE:000783
Asia

CSC Financial Unit Raises 1.4 Billion Yuan in Note Issue

CSC Financial (SHA:601066, HKG:6066) indirect subsidiary CSCIF Hong Kong issued 1.4 billion yuan in medium-term notes, with the proceeds to replenish overseas working capital.Subsidiary CSC International Financial provided a guarantee totaling 1.46 billion yuan, according to a Tuesday filing with the Shanghai bourse.Shares of the securities company were down 1% in recent trade.

HKG:6066SHA:601066
Asia

Market Chatter: Hong Kong Authorities Raid Local Offices of Chinese Brokerages on Suspected Wrongdoing

Hong Kong authorities raided the local offices of Chinese brokerages China Construction Bank (HKG:0939, SHA:601939) and CSC Financial (SHA:601066, HKG:6066) as part of a probe into misconduct during share offerings, Reuters reported Wednesday, citing sources.The investigation by the city's Securities and Futures Commission comes amid a boom in IPO activity that has pressured banks and exposed gaps in due diligence and listing practices, the report said.It was not yet clear which share offerings were the focus of the regulatory probe.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Hang SengHKG:0939HKG:6066SHA:601066SHA:601939
Asia

CSC Financial's Unit to Receive $133 Million Guarantees for Bond Issuance

CSC Financial's (SHA:601066, HKG:6066) indirectly-owned unit, CSCIF Hong Kong, will receive guarantees worth $133 million for the issuance of bonds amounting to $132 million, according to a Shanghai bourse filing on Tuesday.The guarantees will come from the security company's subsidiary, CSCIF International Financial Holdings.The issuance is part of a $4 billion offshore medium-term bond program.

HKG:6066SHA:601066
Asia

CSC Financial's Profit Almost Doubles in Q1

CSC Financial (SHA:601066, HKG:6066), also trading as China Securities, said its net profit attributable to shareholders in the first quarter nearly doubled to 3.67 billion yuan from 1.84 billion yuan a year earlier, according to a Hong Kong bourse filing on Wednesday.The securities company's Shanghai and Hong Kong shares both jumped 4% at the close of Thursday's trade.Earnings per share soared 120% year on year to 0.44 yuan from 0.20 yuan.Operating revenue jumped 62% to 7.70 billion yuan from 4.74 billion yuan in the previous year.

HKG:6066SHA:601066
Asia

CSC Financial's Unit Issues 2 Billion Yuan Bonds Due 2029

CSC Financial (SHA:601066, HKG:6066) said its unit, CSCIF Hong Kong, issued 2 billion yuan bonds due 2029 on the Hong Kong Stock Exchange, according to a Thursday bourse filing.Both Hong Kong and Shanghai shares of the company, also trading as China Securities, slipped less than 1% during the midday trade.The bonds have a coupon rate of 1.88% and are part of a $4 billion bond program.

HKG:6066SHA:601066

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