Shanghai Pudong Development Bank Co Ltd<600000> today announced that it has received approval from the board of directors to issue around RMB 30 billion in financing bonds in the interbank market in 2010 and 2011. The annual yield for the three-year and five-year bonds will de determined during the...
Industrial & Commercial Bank of China Ltd's<1398>, the world's most profitable bank, yesterday announced that it will issue RMB 25 billion worth of convertible bonds on Aug.31, sources reported. In a statement filed with the Shanghai Stock Exchange, the bank said that the bonds have a maturity of six...
The Ministry of Finance said in a statement that it started selling RMB 19.5 billion worth of three-year local government bonds on Tuesday, the sixth batch of such bonds this year. The MOF is issuing the bonds on behalf of five provinces and municipalities, including Hebei, Shanghai, Shenzhen, Guizhou and Shaanxi....
Chinavision Media Group Ltd<1060> has announced plans to issue HK$1 billion worth of convertible bonds for operation and investment purposes, according to a statement filed with the Hong Kong Stock Exchange. If the convertible bonds are all converted into shares with a price of HK$1 apiece, the converted...
China Molybdenum Co<3993>, the nation's biggest molybdenum producer, on Tuesday said that it plans to issue as much as RMB 4 billion in corporate bonds in the domestic inter-bank market, sources reported. In a statement filed with the Hong Kong Stock Exchange, the firm said that the planned bonds...
China Minsheng Banking Corp Ltd<1988>, the country's eighth-largest lender, is considering floating RMB 15 billion in subordinated bonds in the inter-bank market to boost its capital base, Zhao Pinzhang, vice president of the bank, said over a press conference. Zhao, who did not indicated the timetable for the issuance, said...
PCCW Ltd<0008>, the biggest telecom carrier in Hong Kong, plans to issue dollar-denominated bonds to raise as much as between US$300 million and US$500 million, the Wall Street Journal reported today, citing two sources familiar with the matter as saying. According to the sources, the bonds will carry a term...
China Central Huijin Investment Ltd, the domestic investment arm of the nation's sovereign wealth fund, China Investment Corp, plans to issue its first batch of bonds on Aug. 24 to raise as much as RMB 54 billion, the wall Street Journal reported, citing sources familiar with the matter as saying....
The China Securities Regulatory Commission, the country's securities watchdog, announced that it will review Industrial & Commercial Bank of China Ltd's<1398> convertible bond issue plan tomorrow, sources reported. In May, ICBC secured approval from board of directors to issue as much as RMB 25 billion in...
Export-Import Bank of China, one of the three government policy banks in China, yesterday announced that it will issue RMB10 billion worth of 7-year RMB-denominated bonds on Aug.20, the Wall Street Journal reported. According to a statement made by the EIBC, the benchmark rate of the bonds issued is the...