Planner approves bonds issue
By Feng Jianmin |
January 12, 2012, Thursday
|
Print Edition
Print Edition
CHINA'S top planner, the National Development and Reform Commission, has allowed 10 financial institutions to issue yuan bonds in Hong Kong to raise a combined 25 billion yuan (US$3.95 billion).
The Chinese mainland subsidiaries of HSBC and Bank of East Asia, China's five largest state-owned banks and the country's three policy banks including China Development Bank have won the go-ahead, the planner said yesterday.
Liu Jie, a strategist with HSBC told Reuters it was the first time the authority had publicized the amount and issuers of the bonds, and this would help market transparency.
The Chinese mainland subsidiaries of HSBC and Bank of East Asia, China's five largest state-owned banks and the country's three policy banks including China Development Bank have won the go-ahead, the planner said yesterday.
Liu Jie, a strategist with HSBC told Reuters it was the first time the authority had publicized the amount and issuers of the bonds, and this would help market transparency.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
