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Zheshang Securities Issues 1 Billion Yuan Short-Term Bonds

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Zheshang Securities (SHA:601878) issued short-term bonds of up to 1 billion yuan, according to a Shanghai bourse filing on Wednesday.

The bonds have a coupon rate of 1.50% and a term of 318 days, maturing March 25, 2027.

The securities company's shares fell 1% during the midday trade.

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