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China Banks May Issue More Bonds to Boost Capital: Herald

CHINA PRESS
MNI (Singapore)

China's commercial banks are expected to issue about CNY2.02 trillion secondary capital and perpetual bonds to supplement capital this year, exceeding the scale in 2021, the 21st Century Business Herald reported citing analysts. Banks are also expected to issue more financial bonds to support small and micro enterprises, green development, agriculture and rural areas as policies require, the newspaper said citing analyst Li Qian with Golden Credit Rating.

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