Free Trial

The National Development and Reform.....>

CHINA PRESS
MNI (London)
CHINA PRESS: The National Development and Reform Commission (NDRC) said it will
give priority approval to bond issuance applications from enterprises that play
a leading role in industrial restructuring and have good credit, along with
stable operations, the Securities Daily reported Thursday.
- Real estate enterprises rated 3A and with less than 85% debt ratio, total
assets of more than CNY150 billion and an income exceeding CNY30 billion are
considered as high-quality enterprises, the Daily said.
- The current bond issuance policy is more positive than previously, housing
developers can make good use of it to increase their working capital and
accelerate project development, the paper said, citing Yan Yuejin, research
director of Shanghai E-House Real Estate Research Institute.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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.