Hubei Zhenhua Chemical (SHA:603067) on Thursday opened subscriptions for its 878-million-yuan convertible bond offering.
Huatai United Securities will underwrite any shortfall up to 30% of the offering, according to a Thursday filing with the Shanghai bourse.
Shares of the chemical company were down 10% in recent trade.
Everbright Securities (SHA:601788, HKG:6178) secured the renewal and listing of wholly-owned subsidiary Everbright Securities International's offshore medium-term note program on the Hong Kong bourse, effective Thursday.The renewed program, originally established in 2018 with a $1 billion limit, allows the issue of notes to professional investors over a 12-month period based on market conditions, according to a Thursday filing with the Shanghai bourse.
Jiangxi Copper (SHA:600362, HKG:0358) raised 2.5 billion yuan via the issue of two tranches of medium-term bonds, according to a Thursday filing with the Shanghai bourse.The copper miner issued 900 million yuan of 10-year bonds with a 2.20% coupon and 1.6 billion yuan of 15-year bonds with a 2.40% coupon.China Merchants Bank served as lead underwriter, with China Merchants Securities and Industrial Bank as joint lead underwriters.
3:00 Wednesday vs 3:00 Tuesday2yr 100-01 vs 99-26; 4.231% vs 4.273%5yr 100-03+ vs 100-02; 4.349% vs 4.359%10yr 98-01+ vs 98-18+; 5.152% vs 5.111%30yr 97-25 vs 98-17; 5.141% vs 5.093%2/10 38.692 bps vs 32.747 bps5/30 79.303 bps vs 73.180 bps