MNI: PBOC Net Injects CNY25.7 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1897 Thurs; -2.25% Y/Y

MNI: PBOC Net Drains CNY195.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1868 Weds; -2.18% Y/Y

MNI: JAPAN NOV SERVICES PPI +3.0% Y/Y; OCT UNREV +2.9%

MNI China Daily Summary: Tuesday, December 24

MNI: US REDBOOK: DEC STORE SALES +5.0% V YR AGO MO

MNI: US DEC PHILADELPHIA FED NONMFG INDEX -6

EZ/UK Bond Supply Calendar: BOE APF Sales Due 6 January

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CHINA PRESS: SOEs Issue Special Bonds To Buoy Growth

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

Beijing has approved two state-owned enterprises directly managed by the central government to issue a total of CNY500 billion in special bonds to stabilise growth and expand investment this week, China Securities Journal reported. China Reform Holdings issued CNY300 billion, while China Chengtong Holdings issued another CNY200 billion. The companies will use the proceeds to fund investment in equipment renewal and technological transformation, as well as major projects related to tech innovation and strategic emerging industries, the newspaper said citing their prospectuses.

82 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Beijing has approved two state-owned enterprises directly managed by the central government to issue a total of CNY500 billion in special bonds to stabilise growth and expand investment this week, China Securities Journal reported. China Reform Holdings issued CNY300 billion, while China Chengtong Holdings issued another CNY200 billion. The companies will use the proceeds to fund investment in equipment renewal and technological transformation, as well as major projects related to tech innovation and strategic emerging industries, the newspaper said citing their prospectuses.