UPDATE 1-China's Haitong Securities plans $3.86 bln Hong Kong private share placement
December 21, 2014 at 20:00 PM EST
SHANGHAI, Dec 22 (Reuters) - China's second-largest brokerage Haitong Securities plans to raise HK$29.94 billion ($3.86 billion) in a private share placement in Hong Kong, the latest mainland broker to plan to tap into soaring share prices to bolster capital.