Nanhua Futures (SHA:603093) proposed to increase the capital of its subsidiary, Zhejiang Nanhua Capital Management, by 150 million yuan, according to a Shanghai bourse filing on Wednesday.
After the completion of the transaction, Nanhua Capital Management's registered capital will rise to 750 million yuan from 600 million yuan.
The Chinese futures brokerage's shares slipped 1% during the afternoon trade.
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