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UBS a winner in Haitong's roller-coaster ride

Zurich-based bank benefits as arranger for sale transactions involving shares in the Chinese brokerage

Published Fri, Jul 10, 2015 · 09:50 PM
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Hong Kong

THE roller-coaster ride in Haitong Securities Co shares this year has been good to UBS Group AG.

In December, as the Chinese brokerage was seeking money to finance growing businesses such as margin trading amid China's stocks rally, UBS was among banks picked to arrange a US$4.2 billion share sale.

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