China Industrial Securities International Financial Group (HKG:6058) unit CISI Investment disposed of $8 million of bonds issued by Tianfeng Securities (SHA:601162) in the open market on June 13 and July 3, a Wednesday bourse filing said.
The bonds form part of an issue of $340 million of 6.5% fixed-rate bonds due to mature in 2026.
The securities broker will use proceeds from the issue for general working capital and potential investment opportunities.
Shares of Tianfeng Securities were down nearly 3% in recent trade.
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