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China's Haitong International cuts UBS business ties over pig comment

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Haitong International Securities has cut ties with UBS after a comment about Chinese pigs by a top economist at the Swiss bank was perceived by some as a racist slur. Haitong International, the Hong Kong unit of Chinese brokerage Haitong Securities Co, said on Friday that it has suspended all…

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Click here to read the full story: Reuters

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