Haitong profits from pent-up demand with $670m bond
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Asia

Haitong profits from pent-up demand with $670m bond

Haitong Securities nameplate 230px

Chinese broker Haitong Securities took advantage of the recent lack of new issuance to print a dollar-denominated bond that not only saw it raise a chunky $670m but also cut its borrowing costs by 90bp.

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