CITIC Securities has been approved to publicly issue corporate bonds to professional investors with a total amount not exceeding 60 billion yuan.

Sina Finance News on March 30th, Citic Securities announced that the company has received the approval from the China Securities Regulatory Commission for the public issuance of corporate bonds to professional investors by Citic Securities Limited. The China Securities Regulatory Commission has approved the company's registration application for the public issuance of corporate bonds to professional investors. The total face value of corporate bonds issued publicly for a period of more than one year shall not exceed RMB 60 billion, and the remaining face value of short-term corporate bonds issued publicly shall not exceed RMB 20 billion. The approval is valid for 24 months from the date of registration approval, and the company can issue corporate bonds in installments during the registration validity period.