China Industrial Securities International adjusts major guarantee agreements

China Industrial Securities International Financial Group Limited announced adjustments to various guarantee agreements, reflecting changes in its investment strategy. The company increased its guarantee with Barclays from $100,000 to $50,000,000 as of August 21, 2019. Guarantees with Citigroup were raised for a Global Master Repurchase Agreement from $100,000 to $200,000,000, and for an International Swaps and Derivatives Association Master Agreement from $100,000 to $50,000,000 on December 23, 2019. Most recently, on March 14, 2023, the guarantee with HSBC increased from $300,000,000 to $400,000,000.

Conversely, the company decreased guarantee amounts with several other institutions. The guarantee with Goldman Sachs International was reduced from $200,000,000 to $50,000,000 as of September 11, 2017. Guarantees with J.P. Morgan Securities plc and its affiliates decreased from $300,000,000 to $250,000,000 on December 6, 2024. Additionally, the guarantee with UBS AG was lowered from $150,000,000 to $50,000,000 on February 24, 2017, and the guarantee with China CITIC Bank International Limited was reduced from $150,000,000 to $50,000,000 on February 26, 2025. These adjustments are intended to support the group's future investment plans.