Industrial and Commercial Bank of China (SHA:601398) raised 60 billion yuan via the issue of 10-year bonds with a coupon rate of 1.90%.
Proceeds will be used to replenish capital, according to a Monday filing with the Shanghai bourse.
Industrial and Commercial Bank of China (SHA:601398) raised 60 billion yuan via the issue of 10-year bonds with a coupon rate of 1.90%.
Proceeds will be used to replenish capital, according to a Monday filing with the Shanghai bourse.
MicroPort NeuroScientific's (HKG:2172) subsidiary, MicroPort NeuroTech (Shanghai), received U.S. Food and Drug Administration approval to market the Numen Helia Coil Embolization System, according to a Monday Hong Kong bourse filing.Shares of the medical device company fell nearly 1% in Tuesday morning trade.The device is designed to obstruct or occlude blood flow in vascular abnormalities of neurovascular vessels through endovascular procedures, the filing said.
Chuangxin Industries (HKG:2788) said its unit Inner Mongolia Chuangyuan Metal may be liable to pay 400 million yuan to 500 million yuan in taxes as it undergoes a so-called tax guidance because of its inclusion in the preferential tax policy for high-tech enterprises, according to a filing with the Hong Kong bourse Monday.The aluminum company's shares fell over 4% in morning trade Tuesday.Chuangxin Industries said it has sufficient cash and bank deposits to cover the potential tax payment and the issue is not expected to have any material adverse effect on the group's overall financial condition.
Bank of Communications (SHA:601328, HKG:3328) completed the issuance of 40 billion yuan of its tier 1 capital bonds on Monday, according to a Tuesday filing with the Shanghai Stock Exchange.The bonds have a coupon of 1.94% for the first five years, adjustable every five years, with a conditional redemption option on each interest payment date from year 5 onwards, the bank said.