TCL (SHE:000100) received approval from the China Securities Regulatory Commission to issue up to 2 billion yuan of corporate bonds, according to an after-hours filing on Monday with the Shenzhen bourse.
The issuance forms part of a 10 billion-yuan bond program.
Shares in the appliance maker rose 1% during morning trading on Tuesday.
HSBC (HSBA.L) issued three series of senior unsecured notes with a combined principal amount of $6.75 billion, according to an Aug. 14 release.The issuance comprised $2.50 billion of 5.243% fixed/floating-rate notes due 2032, $3.25 billion of 5.729% fixed/floating-rate notes due 2037, and $1 billion of floating-rate notes due 2032. The British lender intends to list the notes on the New York Stock Exchange.
China Galaxy Securities (SHA:601881, HKG:6881) redeemed the principal and interest of its 4 billion yuan bond issuance, according to a Saturday disclosure to the Shanghai bourse.The bonds had a term of 248 days and an interest rate of 1.74%, paying out a total of about 4.05 billion yuan in both principal and interest.
Jiangxi Copper's (SHA:600362, HKG:0358) two tranches of medium-term bonds totaling 1.5 billion yuan accrued interest on Friday, according to a Saturday disclosure to the Shanghai bourse.The first tranche has a total amount of 500 million yuan with a 10-year term and an interest rate of 2.14%, while the second tranche is a 15-year bond worth 1 billion yuan and an interest rate of 2.35%.Both issuances form part of a 7 billion-yuan bond program.Industrial Bank (SHA:601166) is the lead underwriter and bookrunner, while China Merchants Bank (SHA:600036, HKG:3968) is the joint lead underwriter.Shares rose 4% in Shanghai and 3% in Hong Kong during morning trading on Monday.