Haixia cuts losses from Haitong Securities in $816m exit
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Asia

Haixia cuts losses from Haitong Securities in $816m exit

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Haixia Capital raised HK$6.33bn ($816m) on Tuesday evening by selling all of its stake in Haitong Securities despite a crash in the Hong Kong and China stock markets, preferring to cut its losses and move on rather than wait for an opportune window.

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