Shanghai Longcheer Technology (SHA:603341) will issue up to 3 billion yuan in debt instruments, according to a Tuesday filing with the Shanghai bourse.
The company could issue ultra-short-term and short-term bonds, medium-term bonds, and target instruments as approved by China's National Association of Financial Market Institutional Investors.
Momentum Financial (HKG:1152) will convert nearly HK$7.8 million of convertible bonds into a little over 106.6 million conversion shares at HK$0.073 apiece, according to a Tuesday Hong Kong bourse filing.The move comes as the firm received conversion requests from Li Yang and Wang Guangwen.The shares represent around 3.11% of the finance leasing company's enlarged issued share capital.The bonds were issued as part of the company's debt restructuring.
Hanma Technology's (SHA:600375) truck sales rose 18% to 1,260 units in May from 1,070 units in the year-ago period, according to a Tuesday filing with the Shanghai bourse.Production grew 24% to 1,300 units from 1,050 units a year earlier.
Zhuhai CosMX Battery (SHA:688772) secured the Shanghai bourse's approval for private placement of shares to 35 investors, according to a Tuesday exchange filing.The battery company plans to raise up to 2.90 billion yuan from selling up to 339.6 million shares.