Zhongtai Securities guarantees HK$350m subsidiary loan

Zhongtai Securities will provide a HK$350 million guarantee for its wholly-owned overseas subsidiary, Zhongtai Financial International Limited, with China Merchants Bank Jinan Branch.

The 12-month guarantee supports the subsidiary in obtaining an offshore bank loan. Including this transaction, Zhongtai Securities' total guarantee balance for the subsidiary stands at HK$1 billion.

The subsidiary had total assets of HK$792.9 billion as of March 31, 2025, with a liability-to-asset ratio exceeding 70%.