Everbright Securities placement

China Everbright Securities plans $1 billion placement

The Shanghai-based firm plans to use the proceeds from the fundraising to replenish its working capital and expand its business.

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Photo: ImagineChina
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<div style="text-align:right; font-size:7pt; color:rgb(119, 119, 119);"> Photo: ImagineChina </div>

China has made efforts to ease controls on its capital markets in a bid to encourage greater participation from private investors both in China and overseas, and this loosening of restrictions is creating opportunities for the country’s securities firms.

¬ Haymarket Media Limited. All rights reserved.

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