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Haoneng Tech Issues 1.80 Billion Yuan in Convertible Bonds

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Chengdu Haoneng Technology (SHA:603809) issued convertible bonds worth 1.80 billion yuan, according to a Shanghai bourse filing on Monday.

China Merchants Securities (HKG:6099, SHA:600999) is the lead underwriter of the issuance.

The Chinese auto component manufacturer's shares jumped 5% at the close.

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