Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
CN Reportedly Tightens Restrictions on SOEs' Overseas Bond Issuance
Recommend 3 Positive 4 Negative 4 |
||||
|
||||
|
China recently strengthened restrictions on certain SOEs' overseas borrowing, setting stricter standards for additional offshore debt quotas, including profitability and business scope, in an attempt to further control local government debt risks, Bloomberg quoted sources as saying. It is reported that the relevant SOEs must demonstrate sufficiently robust profitability and possess a clearly defined core business, such as manufacturing or mining, in order to obtain permission to issue new bonds overseas. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
