Huatai Securities Co. Ltd. raised 8 billion yuan from a bond issuance after exercising an overallotment option of 2 billion yuan.

The brokerage raised 50 billion yuan from a three-year 3.79% tranche and 30 billion yuan from a five-year 3.97% tranche.

Huatai Securities had been set to raise 6 billion yuan from a bond issuance after obtaining regulatory approval to raise up to 14 billion yuan through issuing corporate bonds.

As of Dec. 15, US$1 was equivalent to 6.94 Chinese yuan.