Citic Securities said to have mulled selling CLSA brokerage unit

Citic Securities said to have mulled selling CLSA brokerage unit

Photo: REUTERS/KIM KYUNG-HOON

Citic Securities Ltd., which bought CLSA Ltd. three years ago for about $1.2 billion, considered selling the Hong Kong-based brokerage earlier this year, people with knowledge of the matter said.

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