China's biggest brokerage CITIC Securities halts mega corporate bond issue plans

China's biggest brokerage CITIC Securities halts mega corporate bond issue plans

Photo: REUTERS/KIM KYUNG-HOON

CITIC Securities Co , China’s biggest brokerage, has halted plans for a corporate bond issue that domestic media said aimed to raise billions of dollars, a statement posted on the website of country’s securities regulator showed, amid reports CITIC faces increased scrutiny.

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