The Shanghai Stock Exchange approved Science Environmental Protection's (SHA:688480) planned issuance of convertible bonds, according to a Tuesday bourse filing.
China's securities regulator has yet to approve the issuance.
The Shanghai Stock Exchange approved Science Environmental Protection's (SHA:688480) planned issuance of convertible bonds, according to a Tuesday bourse filing.
China's securities regulator has yet to approve the issuance.
Nanjing Develop Advanced Manufacturing (SHA:688377) is looking to issue 907.7 million yuan in convertible bonds, according to a Tuesday filing with the Shanghai bourse.The number of convertible bonds shareholders are entitled to subscribe to will be calculated based on the ratio of 3.886 yuan of convertible bonds per share.The coupon for the convertible bonds is set at 0.2% for the first year, 0.4% for the second year, 0.6% in the third, 1% in the fourth, 1.5% in the fifth, and 2% in the sixth.
SAIC Motor (SHA:600104) will establish a car factory in Spain's Galicia region, as its first industrial project in Europe, the regional government said Monday.The Chinese carmaker will invest an initial 200 million euros and set up a plant in the port city of Ferrol. The site is expected to be operational in 2028.
Heilongjiang Interchina Water Treatment's (SHA:600187) stock fluctuated by more than 12% over the past three consecutive trading days, according to a Tuesday filing with the Shanghai bourse.The stock fluctuation came after the company was subjected to a delisting risk warning, and the bourse capped the fluctuation limit to 5%.The sewage treatment company's operating revenue unrelated to the main business was less than 300 million, the filing said.Shares closed 5% higher on Tuesday.