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Aggregated China Business Blogs
PAG Partially Exits From China's Haitong Securities
Aggregated Source: China Money Network
Asian private equity house PAG has made a partial exit from Chinese brokerage firm Haitong Securities Co.,Ltd., selling 130.7 million shares for a total proceeds of HK$1.7 billion (US$219 million) via a private share placement, according to media reports. PAGAC Horseshoe Holding I Ltd., a subsidiary of PAG, sold shares from HK$13.24 to HK$13.29 per […]


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