Citic Securities to inject $1.5b in Hong Kong-based CLSA

Citic Securities to inject $1.5b in Hong Kong-based CLSA

Photo: REUTERS/KIM KYUNG-HOON

Leading brokerage Citic Securities Co. Ltd. said it plans to replenish the capital of its Hong Kong arm, whose main asset is global brokerage CLSA Ltd., with up to $1.5 billion to expand its international operations.

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