China Merchants Securities arranges HK$500m subsidiary guarantee

China Merchants Securities announced its indirect subsidiary China Merchants Securities Investment Management (Hong Kong) will guarantee up to HK$500 million for wholly-owned subsidiary China Merchants Securities International's credit facility with China Merchants Bank Hong Kong Branch.

The arrangement takes effect August 12, 2025, and aims to enhance creditworthiness and facilitate business expansion. Both subsidiaries have asset-liability ratios exceeding 70%, excluding client funds.