Overseas Chinese Town Holdings Co, a conglomerate engaged in real estate, hotel development and operation, tourism and electronics and packing products, announced that it will issue RMB 3 billion in financing bills with a maturity of eight months on Aug. 20. This batch of bills will be issued on the interbank...
Should all SMEs be financed while the banks take the blame?
Shenzhen-listed Yueyang Paper Co Ltd<600963> announced that it will issue 365-day financing bills worth up to RMB 500 million to institutional investors on the interbank market on Aug. 18, sources reported. The bills will become tradable on Aug. 21, and both the value date and the payment due date will be Aug....
The China Banking Regulatory Commission, the nation's top banking regulator, on Thursday said that it will allow consumer finance companies to set up in four Chinese cities on a trial basis.The commission said in a statement published on its website that it will approve the establishment of one consumer...
Peking University's Founder Group, a major Chinese technology conglomerate and parent of China's second largest PC manufacturer, Founder Technology Group Corp<600601>, announced that it will issue RMB 1.5 billion in financing bills with a maturity of 365 days on Aug. 13. This batch of bills will be issued on...
Jiangsu Lianyungang Port Co<601008> plans to issue 365-day financing bills on the interbank market on Aug. 13, sources reported. Lianyungang Port hopes to raise up to RMB 1 billion through the issuance, according to the firm's statement filed with the Shanghai Stock Exchange on Thursday. The...
Who to approach to secure trade financing.
China Power Finance Co, a unit of state-owned State Grid Corp of China, announced Friday that it will issue five-year bonds worth RMB 3 billion on Aug. 5 and Aug. 6.This batch of bonds will be issued on the interbank market at face value, and the yield will be determined during the process of book building,...
China New Era Group Corporation, a state-owned enterprise that mainly engaged in business on defense and military facilities, will issue 365-day financing bills to institutional investors on the interbank market on Aug. 5, sources reported.The firm hopes to raise up to RMB 700 million through the issuance. The...
Anshan Iron and Steel Group Co, the parent of China's second-biggest steelmaker, Angang Steel Co Ltd<000898><0347>, plans to issue 365-day financing bills on the interbank market on Jul. 30, the Wall Street Journal reported.The company hopes to raise up to RMB 4 billion through the issuance.Both the...