BRIEF-China Merchants Securities aims to raise up to 12 bln yuan in private placement

March 14 Fri Mar 14, 2014 6:15am EDT

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March 14 (Reuters) - China Merchants Securities Co Ltd

* Says aims to raise up to 12 billion yuan ($1.96 billion) in private placement of shares

* Says proceeds will be used to boost capital and working capital

Source text in Chinese:

Further company coverage: ($1 = 6.1361 Chinese Yuan) (Reporting by Hong Kong newsroom)

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