China Merchants Securities Approved for Public Issuance of Up to 70 Billion Yuan in Corporate Bonds

07/06 11:10

On July 6, China Merchants Securities announced that it has recently received approval from the China Securities Regulatory Commission regarding the public issuance of corporate bonds to professional investors. The approval allows the company to issue bonds with a total face value not exceeding 70 billion yuan. This issuance must be conducted strictly in accordance with the prospectus submitted to the Shanghai Stock Exchange, and the approval is valid for 24 months from the date of registration. The company may issue the bonds in installments within this validity period.

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