China Industrial Securities International Financial Group Limited Announces Discloseable Transaction: Acquisition of Perpetual Securities Issued by Barclays PLC
Date of Announcement: 23 July 2026
Stock Code: 6058
Key Points of the Announcement
- China Industrial Securities International Financial Group Limited (“CISI” or “the Company”) has announced the acquisition of perpetual securities issued by Barclays PLC through its indirect wholly-owned subsidiary, CISI Investment Limited.
- The acquisitions occurred between 12 February 2026 and 22 July 2026, with a total principal amount of US\$14 million (equivalent to approximately HK\$109.9 million).
- The total consideration paid for these securities is approximately US\$15,040,350 (about HK\$118,066,748).
- The acquired securities are part of Barclays PLC’s US\$2 billion 8% Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities.
- The acquisitions were funded using the Group’s internal resources.
- These transactions, when aggregated with previous similar acquisitions, constitute a discloseable transaction under the Hong Kong Listing Rules, requiring public disclosure but not shareholder approval.
Details of the Perpetual Securities
- Issuer: Barclays PLC, a major British multinational universal bank with global operations in consumer, corporate, and investment banking.
- Aggregate Principal of Issue: US\$2,000,000,000
- Interest: Fixed at 8% per annum
- Maturity Date: Perpetual (no fixed maturity date)
- Issue Price: 100% of the principal amount
Transaction Structure and Compliance
- The acquisitions were made on the open market through securities brokers; the identities of sellers are unknown but confirmed to be independent third parties with no connections to CISI or its directors.
- Under Hong Kong Listing Rules (Chapter 14, Rule 14.07), the aggregate percentage ratios for these acquisitions exceed 5% but are less than 25%, making it a discloseable transaction. This triggers reporting and announcement requirements but does not require shareholder approval.
Rationale and Implications for Shareholders
- The Group’s investment strategy focuses on diversification and stable returns, aiming to broaden revenue streams and enhance shareholder value by investing in stocks, bonds, funds, structured products, and derivatives across various sectors.
- The acquisition of Barclays PLC’s perpetual securities is intended to balance and diversify the investment portfolio, generating steady returns within an acceptable risk level.
- The Board considers the acquisition fair, reasonable, in the ordinary course of business, and aligned with the interests of both the Company and its shareholders.
Financial Details of the Acquisitions
- Current Acquisition (22 July 2026): US\$5,000,000 principal amount for approximately US\$5,298,472 (HK\$41,593,007).
- Previous Acquisitions:
- 12 February 2026: US\$5,000,000 principal for about US\$5,426,944 (HK\$42,601,514).
- 2 March 2026: US\$4,000,000 principal for about US\$4,314,933 (HK\$33,872,227).
Total consideration for previous acquisitions: US\$9,741,878 (HK\$76,473,741)
- Total for all acquisitions: US\$15,040,350 (HK\$118,066,748) for a principal amount of US\$14,000,000 (HK\$109,900,000).
- Exchange Rate Used: US\$1 = HK\$7.85 (for illustrative purposes only).
Important Information for Shareholders
- This acquisition increases the Group’s exposure to high-yielding, perpetual financial instruments issued by a major international bank, potentially enhancing future income streams and contributing positively to earnings stability.
- The transaction is significant enough to require market disclosure, indicating its materiality to the Group’s portfolio and operations.
- No shareholder approval is required, so there will be no dilution or change in shareholder rights as a result of these transactions.
- Shareholders should note the potential for both stable returns and risks associated with perpetual subordinated contingent convertible securities, which can be sensitive to market conditions and regulatory actions affecting the issuer.
Board Composition
As of the announcement date, the Board comprises one non-executive Director (Mr. Xiong Bo, Chairman), three executive Directors (Mr. Lin Dan, Mr. Wei Wei, Mr. Ding Xianshu), and three independent non-executive Directors (Ms. Ye Jianfang, Mr. Tian Li, Ms. Foo Yuet Min).
Potential Impact on Share Price
The acquisition of high-yielding perpetual securities from a globally recognized financial institution could be viewed positively by investors, as it aligns with the Group’s strategy of generating stable returns within a diversified portfolio. The move may enhance future profitability and risk management, which could potentially support the Company’s share price. However, shareholders should also be mindful of the risks inherent in perpetual and subordinated securities.
Disclaimer
This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a professional advisor before making investment decisions. The Company does not guarantee the accuracy or completeness of the information provided above.
【中文繁體版】
興證國際金融集團有限公司公佈可披露交易：收購巴克萊銀行發行之永續證券
公告日期：2026年7月23日
股份代號：6058
公告重點
- 興證國際金融集團有限公司（「本公司」或「興證國際」）宣布，經其間接全資附屬公司CISI Investment Limited，於2026年2月12日至2026年7月22日期間，在公開市場收購巴克萊銀行發行的永續證券。
- 收購的永續證券本金總額為1,400萬美元（約合1.099億港元）。
- 本次交易總對價約1,504萬美元（約1.18億港元）。
- 所收購證券屬於巴克萊銀行發行的20億美元8%固定息重設永續次級可轉換證券。
- 本次收購資金來自集團內部資源。
- 連同以往類似收購，本次收購構成《上市規則》下的可披露交易，需對外公布但毋須股東批准。
永續證券詳情
- 發行人：巴克萊銀行（Barclays PLC），英國跨國綜合銀行，經營範圍覆蓋全球消費、企業及投資銀行業務。
- 發行總本金：20億美元
- 息率：年息固定8%
- 到期日：永續（無到期日）
- 發行價格：本金的100%
交易結構及合規情況
- 收購於公開市場透過券商完成，賣方身份未知，但已確認與本公司及董事無關，屬獨立第三方。
- 根據香港《上市規則》第14章第14.07條，累計百分比比率超過5%但低於25%，屬可披露交易，需公布但無需股東批准。
對股東的啟示與影響
- 集團投資策略強調多元化及穩定回報，致力於擴闊收入來源及提升股東價值。
- 收購巴克萊銀行永續證券旨在平衡及多元化投資組合，於可接受風險水平下帶來穩定收益。
- 董事會認為本次收購公平合理，屬於集團日常業務並符合公司及全體股東利益。
收購財務詳情
- 本次收購（2026年7月22日）：本金500萬美元，對價約529.85萬美元（4,159.3萬港元）。
- 過往收購：
- 2026年2月12日：本金500萬美元，對價約542.69萬美元（4,260.1萬港元）。
- 2026年3月2日：本金400萬美元，對價約431.49萬美元（3,387.2萬港元）。
過往收購總對價：974.19萬美元（7,647.4萬港元）
- 所有收購總計：1,504萬美元（1.18億港元），本金1,400萬美元（1.099億港元）。
- 匯率：1美元 = 7.85港元（僅供參考）。
對股價的潛在影響
收購全球知名金融機構高收益永續證券，反映集團多元化穩定回報策略，有望增強未來盈利及風險管理，或可正面支持公司股價。不過，股東亦須關注永續次級可轉換證券的市場及監管風險。
董事會組成
截至公告日，董事會由一名非執行董事（熊波主席）、三名執行董事（林丹、魏巍、丁賢書）及三名獨立非執行董事（葉建芳、田力、傅悅敏）組成。
免責聲明
本文僅供參考，不構成任何投資建議。投資者應自行研究或諮詢專業顧問作出獨立決定。本公司不保證上述資訊的準確性或完整性。
