China Galaxy Securities Raises RMB6 Billion in Third Tranche of 2026 Corporate Bonds

China Galaxy Securities Co ( (HK:6881) ) has shared an announcement.

China Galaxy Securities has completed the public issuance of its 2026 corporate bonds (third tranche), raising RMB6 billion from professional investors under a China Securities Regulatory Commission approval for up to RMB30 billion in bonds. The tranche is split evenly between two-year bonds with a 1.64% coupon and three-year bonds with a 1.73% coupon, and the proceeds will be used to repay principal on the company’s maturing corporate bonds.

The offering, conducted under an expanded shareholder mandate allowing substantial debt financing, saw significant subscriptions from related parties of the lead underwriters, including CITIC Trust, China CITIC Bank, CITIC-Prudential Fund, China Resources SZITIC Trust and China Southern Asset Management. Directors, senior management and major shareholders did not participate, signaling that demand was driven by institutional and affiliated financial investors and reinforcing the firm’s ability to refinance at relatively low yields in current market conditions.

The most recent analyst rating on (HK:6881) stock is a Buy with a HK$13.99 price target. To see the full list of analyst forecasts on China Galaxy Securities Co stock, see the HK:6881 Stock Forecast page.

More about China Galaxy Securities Co

China Galaxy Securities Co., Ltd. is a leading Chinese securities firm operating in brokerage, investment banking, asset management and related financial services. Listed in Hong Kong under stock code 06881, it serves professional and institutional investors in China’s capital markets, relying heavily on onshore bond and equity financing to support its operations and balance sheet management.

Average Trading Volume: 19,710,150

Current Market Cap: HK$137.9B

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