3 stories mentioning SHA:601377Updated just now
Every FINWIRES story that references SHA:601377, newest first.
Industrial Securities (SHA:601377) raised 1 billion yuan via the issue of 365-day bonds to support the company's working capital and operational needsThe bonds carry a coupon rate of 1.56%, with a redemption date of June 25, 2027, according to a weekend filing with the Shanghai bourse.Shares of the securities company closed 1% higher Monday.
Industrial Securities (SHA:601377) redeemed its first tranche of 290-day financing bonds, totaling 5.58 billion yuan in principal and interest.The bonds, issued in September 2025, carried a coupon rate of 1.73%, according to a weekend filing with the Shanghai bourse.Shares of the securities company rose 1% in recent trade.
Fitch Ratings affirmed the long-term issuer default ratings of Industrial Securities (SHA:601377) and Hong Kong subsidiary China Industrial Securities International Financial Group at BBB, with a stable outlook.The rating agency expects Fujian province to provide extraordinary support to Industrial Securities if needed, given its role in advancing regional economic stability, according to a weekend research note. The Fujian Department of Finance maintains strong oversight, with by-laws committing capital support if the subsidiary defaults.The sector environment remains stable at bbb-, supported by regulatory improvements and state-led consolidation that bolster capital markets growth, Fitch said.Shares of the securities company rose 1% in recent trade.
