Huatai Securities Unit Raises $347 Million Via Medium-Term Note Issues

MT Newswires Live08-03 11:34

Huatai Securities (SHA:601688, HKG:6886) indirect unit Huatai International Finance issued eight tranches of medium-term notes totaling $347 million.

Proceeds will support business development and working capital needs, according to a Monday filing on the Shanghai bourse.

Shares of the securities company were down 2% in recent trade on the Hong Kong bourse and 1% in Shanghai.

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