As China's deleveraging deepens, an.....>

CHINA PRESS: As China's deleveraging deepens, an increasing number of bonds have

been cancelled or postponed, Economic Information Daily reported.

  - 531 bonds worth CNY330 billion were cancelled or postponed this year so far.

In August alone, 75 bonds worth CNY46.12 were cancelled or postponed, the

newspaper said;

  - The main reason is that issuers and investors could not reach a consensus in

coupon rates, the newspaper cited Zhang Xu, a chief analyst at Everbright

Securities;

  - The situation reflects the tightening financing environment of credit bonds,

according to other industry insiders.