Leading brokerage firm GF Securities has launched a sizeable round of refinancing to further inject capital momentum into international business. Yesterday, GF Securities announced that it plans to finance through a combination of placing additional H shares and issuing H shares convertible bonds. All of the funds raised will be used to increase capital to overseas subsidiaries to support international business expansion. The Securities Times reporter learned that the total scale of this financing is expected to exceed HK$6 billion, which is a key step for GF Securities to advance its internationalization strategy and enhance its cross-border service capabilities.

Leading brokerage firm GF Securities has launched a sizeable round of refinancing to further inject capital momentum into international business. Yesterday, GF Securities announced that it plans to finance through a combination of placing additional H shares and issuing H shares convertible bonds. All of the funds raised will be used to increase capital to overseas subsidiaries to support international business expansion. The Securities Times reporter learned that the total scale of this financing is expected to exceed HK$6 billion, which is a key step for GF Securities to advance its internationalization strategy and enhance its cross-border service capabilities.