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Prospect News home > News index > List of issuers H > Headlines for Haitong Securities Co., Ltd. > News item
Published on 8/28/2013 in the Prospect News Emerging Markets Daily.

China-based Haitong Securities gets OK to offer RMB 23 billion bonds

By Marisa Wong

Madison, Wis., Aug. 28 - Haitong Securities Co., Ltd. said the China Securities Regulatory Commission approved its proposed issuance of up to RMB 23 billion of corporate bonds.

The Shanghai-based securities firm proposed the bonds in March. Shareholders approved the issue in May.

As noted before, proceeds will be used as working capital to improve the company's financial structure.


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