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China's rich flocking to leveraged bets on notes with yields of up to 15%

Thursday, September 29, 2016 - 05:50

Hong Kong

CHINA'S wealthy are flocking to investment products that buy bank capital securities and soup up returns by using borrowed funds.

Elm BV, a special purpose vehicle used by UBS Group AG, has sold 3.7 billion yuan (US$754 million) of structured notes in 18 offerings since

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