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China debt: Guangdong, Shenzhen eye foreign capital boost via offshore bond sales in Hong Kong and Macau

Summary:
[unable to retrieve full-text content]In a bid to tap into foreign investments and boost the local economy, China’s southern tech hub and mass-manufacturing powerhouse are planning to issue offshore bonds in Hong Kong and Macau – marking the first direct offshore debt sales by local-level authorities in the country.The Shenzhen Finance Bureau plans to sell up to 5 billion yuan (US2 million) worth of bonds via Hong Kong. Meanwhile, provincial finance authorities for Guangdong say an unspecified amount of bonds will be sold via…

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[unable to retrieve full-text content]
In a bid to tap into foreign investments and boost the local economy, China’s southern tech hub and mass-manufacturing powerhouse are planning to issue offshore bonds in Hong Kong and Macau – marking the first direct offshore debt sales by local-level authorities in the country.The Shenzhen Finance Bureau plans to sell up to 5 billion yuan (US$772 million) worth of bonds via Hong Kong. Meanwhile, provincial finance authorities for Guangdong say an unspecified amount of bonds will be sold via…

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