Bloomberg News

Zhejiang Tailong, Sanya Phoenix, Wenzhou Firms: China Bond Alert

November 26, 2012

Zhejiang Tailong Commercial Bank Co., Sanya Phoenix International Airport Co., Wenzhou Companies, Shandong Weiqiao Pioneering Group Co., Yunnan Highway Development Investment and Guangdong China Travel Service Holdings Ltd. are among issuers that may sell bonds in the nation’s debt markets.

Domestic Bonds

ZHEJIANG TAILONG COMMERCIAL BANK CO.: The lender will sell 3 billion yuan ($482 million) of three-year bonds and 500 million yuan of five-year bonds on Nov. 29, according to a statement posted on the Chinese government bond clearing house’s website today. (Added on Nov. 27)

SANYA PHOENIX INTERNATIONAL AIRPORT CO.: The company plans to offer 700 million yuan of five-year bonds, the data show. (Added on Nov. 27)

WENZHOU COMPANIES: Three companies in the Chinese eastern city of Wenzhou were approved to sell bonds with combined value of 2.1 billion yuan to fund construction projects, news portal zjol.com.cn reported today, citing the National Development and Reform Commission. (Added on Nov. 27)

YUNNAN HIGHWAY DEVELOPMENT INVESTMENT: The unit plans to raise 2 billion yuan in six years through bonds, according to the Want China Times, citing a 21st Century Economic Report. (Added on Nov. 27)

SHANDONG WEIQIAO PIONEERING GROUP CO.: The textile manufacturer will issue 1 billion yuan of one-year bonds, according to data compiled by Bloomberg. (Added on Nov. 27)

GUANGDONG CHINA TRAVEL SERVICE HOLDINGS LTD.: The company plans to sell 350 million yuan of one-year bonds, the data show. (Added on Nov. 27)

EXPORT-IMPORT BANK OF CHINA: The policy lender will sell 20 billion yuan of seven-year bonds today, according to data compiled by Bloomberg. (Updated Nov. 27)

CHINA YANGTZE POWER CO.: The company plans to sell 2 billion yuan of one-year bonds on Nov. 29, according to a statement posted to Shanghai Clearing House’s website. (Added on Nov. 26)

JIANGSU SHAGANG GROUP CO.: The group plans to sell 2.3 billion yuan of 365-day debt on Nov. 28, according to a statement on Chinamoney.com.cn, a website of the China Foreign Exchange Trade System. (Added Nov. 26)

SHANDONG CHENMING PAPER HOLDINGS LTD: The company plans to sell corporate bonds as soon as December, according to a person familiar with the matter. (Added Nov. 21)

INNER MONGOLIA BAOTOU STEEL RARE-EARTH HI-TECH CO.: The company got approval to sell 2 billion yuan in short-term notes, according to a statement posted to the Shanghai Stock Exchange. (Added Nov. 19)

BANK OF CHINA CO.: The lender obtained approval from the China Banking Regulatory Commission and the central bank to sell as much as 23 billion yuan of subordinated bonds, according to a statement to the Shanghai Stock Exchange. (Added Nov. 16)

GUANGDONG ELECTRIC POWER DEVELOPMENT CO.: The company got an approval from the CSRC to sell as much as 1.2 billion yuan of bonds, according to a statement posted to Shenzhen Stock Exchange. (Added Nov. 13)

DAQIN RAILWAY CO.: The company won an approval from the CSRC to issue as much as 7 billion yuan of bonds, according to a statement to the Shanghai Stock Exchange. (Added Nov. 13)

DATANG INTERNATIONAL POWER GENERATION CO.: The company won approval from the CSRC to sell as much as 6 billion yuan of bonds, according to a statement to the Shanghai Stock Exchange today. (Added Nov. 8)

SUNING APPLIANCE CO.: The company got approval from the CSRC to sell up to 8 billion yuan of bonds, according to a statement to the Shenzhen stock exchange. (Updated Nov. 7)

BEIJING TONGRENTANG CO.: The company won approval from the CSRC to sell as much as 1.2 billion yuan of five-year convertible bonds, according to a statement posted to Shanghai Stock Exchange. (Added Nov. 6)

CHINA SOUTHERN AIRLINES CO.: The company has board approval to sell up to 10 billion yuan of short-term notes, according to a statement posted on the Shanghai Stock Exchange. (Added Nov. 1)

XIAMEN INTERNATIONAL PORT CO.: The company plans to issue short-term notes of up to 700 million yuan to replenish its working capital, according to a statement posted to Hong Kong’s stock exchange. (Added Oct. 29)

Dim Sum Bonds

DATANG INTERNATIONAL (HONG KONG) LTD.: The company hired banks for a possible Dim Sum bond sale, according to a person familiar with the matter. (Added Nov. 20)

BOC AVIATION PTE.: The company may consider the Dim Sum market, according to Peter Davis, head of Treasury. (Added Oct. 18)

To contact the reporter on this story: Tanya Angerer in Singapore at tangerer@bloomberg.net

To contact the editor responsible for this story: Shelley Smith at ssmith118@bloomberg.net


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