Soochow Securities To Raise Up To 6 Billion Yuan

Soochow Securities Co Ltd 601555:

• SAYS IT PLANS TO RAISE UP TO 6 BILLION YUAN ($835.98 million) VIA A-SHARE PRIVATE PLACEMENT

• SAYS FUNDS RAISED TO BE USED FOR PURPOSES INCLUDING BOOSTING CAPITAL IN UNIT, INVESTING IN COMPLIANCE, RISK CONTROL, REPAYING DEBT

($1 = 7.1772 Chinese yuan renminbi)