By Sun Zhe The slumping stock market and low benchmark rate may account for the 53.3 percent month-on-month rise in bond issuing in September, said an analyst on Thursday. Inter-bank bond issuing amounted to 3.03 trillion yuan ($443.7 billion) in the first nine months of the year, and that of Se...
Hutchison Whampoa Ltd<0013>, which is controlled by tycoon Li Ka-shing and deals with businesses in ports, real estate and energy, said that it will issue US$189.3 million in bonds that will mature in 2015, sources reported.The company plans to settle debts due in the next two years through the bond offering...
Bohai Property Insurance Co Ltd, China's first property insurance company headquartered in Tianjin, said Friday that it has received approval from the China Insurance Regulatory Commission to issue RMB 500 million worth of ten-year callable subordinated bonds.The company became the first among China's small...
China Enterprise Co Ltd<600675>, a real estate developer, has announced that it plans to issue RMB 1.2 billion in corporate bonds with coupon rates ranging from 6.95% to 7.15%, sources reported. According to a statement filed with the Shanghai Stock Exchange, the property enterprise intends to issue 90% of the...
Aviation Industry Corp of China, the country's top aircraft manufacturer, said it will issue RMB 10 billion in bonds on the interbank market during the period from Oct. 27 to Nov. 2, sources reported. The issuance includes ten-year fixed-rate bonds worth RMB 6 billion and seven-year floating-rate bonds worth RMB 4...
China Development Bank, a state-controlled bank primarily responsible for raising funding for large infrastructure projects in China, announced Friday that it will issue RMB 20 billion worth of fixed-rate financial bonds by tender on the interbank market on Oct. 28. The bonds, this year's 19th batch, will have a...
The China Insurance Regulatory Commission, said on its website on Thursday that Chinese insurers' investment in corporate bond can be as much as 40% of their assets, compared with 30% previously. The insurance regulator said bonds that insurers invest in of large-size state-owned enterprises or Hong...
Guangzhou R&F Property Co Ltd<2777>, a real estate developer headquartered in Guangzhou, Guangdong Province, said that it plans to issue up to RMB 5.5 billion in bonds with a maturity of five years from Oct. 23 to Oct. 27, sources reported.The bonds will have a coupon rate between 6.10% and 7.10%....
Lumena Resources Corp<0067>, the world's second-largest thenardite producer, plans to raise US$250 million through a global bond offering, a source close to the situation reported.The Chinese chemical maker has proposed a guidance of around 12.25% for the global bonds. Lumena Resources has hired...
Nanshan Group, parent firm of Shandong Nanshan Industrial Co Ltd<600219>, today announced that it will issue a total of RMB 2 billion in corporate bonds in the period from Oct. 20 to Oct. 27, sources reported. The corporate bonds will be issued via the Shanghai Stock Exchange and the sale network provided by the...