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The issue size of the 2024 innovation technology company bonds (5th tranche) publicly issued to professional investors will not exceed RMB2 billion, according to CNBM (03323.HK)'s announcement. The bonds will be divided into two types, with the maturity of the first/ second type being 3 years/ 5 years.The coupon rate of the ...
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Hong Kong stocks elevated, driven by HSBC HOLDINGS (00005.HK) and some techs. The HSI picked up 101 points or 0.5% to close at 20,701. The HSCEI added 26 points or 0.4% to close at 7,417. The HSTECH hiked 49 points or 1.1% to close at 4,623. The total market turnover for the day amounted to $154.249 billion.HSBC HOLDINGS (00005....
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Fitch Ratings anticipated that the real estate stimulus measures recently announced by China will help stabilize demand for basic materials, boost producers' confidence, and enable more reasonable pricing. However, still-weak downstream demand and the lack of significant capacity exits will suppress price recovery.The steel ...
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CR BLDG MAT TEC (01313.HK) posted a net profit of RMB143 million in 3Q, down 27% QoQ but up 74% YoY, in line with the previous earnings forecast, HSBC Global Research wrote in its recent report.Although sales of cement and clinker fell 16% YoY due to supply constraints, the company's earnings grew notably on GPM expansion al...
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Hong Kong stocks ascended. The HSI added 100 points or 0.5% to close at 20,590. The HSCEI picked up 26 points or 0.4% to close at 7,385. The HSTECH climbed 54 points or 1.2% to close at 4,538. The total market turnover for the day amounted to $161.259 billion.It is rumored that China will launch a policy to limit energy consumpt...
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