Guangzhou City Construction & Development Company Limited, a 95%-owned indirect subsidiary of Yuexiu Property Co. Ltd., has applied to the China Securities Regulatory Commission and the Shanghai Stock Exchange for the registration of a public offering of corporate bonds. The bonds, with an aggregate principal amount of up to RMB9.6 billion, are intended for professional investors in the PRC. The subsidiary plans to list these corporate bonds on the Shanghai Stock Exchange.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.