Citic secures $1.5b in strategic NSSF H-share deal

China's social security fund will own 5.02% of Citic upon completion of the deal, and has entered into a three-year strategic cooperation with the brokerage.
June 09, 2015

Citic Securities will issue new H-shares to China’s National Council for Social Security Fund and raise HK$11.52 billion ($1.49 billion).   

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