Bloomberg News

Air China, Agricultural Bank, Shandong Luxin: China Bond Alert

November 29, 2012

Air China Ltd. (601111), Agricultural Bank of China, China Development Bank, Rabobank Nederland, Shandong Luxin Investment Holding Co., Zhejiang Hengyi Group Co. and Shanghai Urban Construction Group Corp. are among issuers that may sell bonds in the nation’s debt markets.

Domestic Bonds

AIR CHINA LTD.: The company won approval from China Securities Regulatory Commission to sell as much as 10 billion yuan ($1.6 billion) of bonds, according to a statement posted to the Shanghai Stock Exchange. (Added Nov. 30)

AGRICULTURAL BANK OF CHINA: The bank plans to sell 40 billion yuan of subordinated notes in December to bolster its capital, according to Dow Jones Newswires, citing two people with knowledge of the situation. (Added Nov. 30)

CHINA DEVELOPMENT BANK: The lender plans to upsize five batches of bonds by as much as 30 billion yuan combined, according to a statement on Chinamoney.com.cn, a website of the China Foreign Exchange Trade System. The bonds have maturities of one year, three years, five years, seven years and 10 years. The policy bank plans to sell the bonds on Dec. 4. (Added Nov. 30)

SHANDONG LUXIN INVESTMENT HOLDING CO.: The company plans to issue 500 million yuan of one-year securities, according to data compiled by Bloomberg. (Added Nov. 30)

ZHEJIANG HENGYI GROUP CO.: The company plans to sell 1 billion yuan of one-year notes, according to data compiled by Bloomberg. (Added Nov. 30)

SHANGHAI URBAN CONSTRUCTION GROUP CORP.: The company plans to sell 1 billion yuan of seven-year bonds on Nov. 30, according to a statement on Chinamoney.com.cn, a website of the China Foreign Exchange Trade System. (Added Nov. 30)

AGRICULTURAL DEVELOPMENT BANK OF CHINA: The lender plans to sell as much as 18 billion yuan of five-year bonds today, according to a statement on Chinamoney.com.cn, a website of the China Foreign Exchange Trade System. (Updated Nov. 30)

BANK OF DONGGUAN CO. LTD.: The lender plans to sell as much as 1 billion yuan of subordinated 10-year bonds today, according to a statement posted on the Chinese government bond clearing house’s website. (Updated Nov. 30)

MINISTRY OF FINANCE: The ministry will auction 28 billion yuan of three-year bonds on Dec. 5, according to a statement posted to Chinabond.com.cn, the Chinese government bond clearing house website. (Added Nov. 29)

ZHEJIANG MACHINERY & ELECTRICAL GROUP CO.: The company plans to sell 300 million yuan of one-year bonds on Dec. 4, according to data compiled by Bloomberg. (Added Nov. 29)

CHINA HUANENG GROUP CORP.: The company plans to sell 4 billion yuan of 365-day debt on Dec. 5, according to a statement on Chinamoney.com.cn, a website of the China Foreign Exchange Trade System. (Added Nov. 29)

NANTONG SIJIAN CONSTRUCTION GROUP CO.: The company plans to issue 250 million yuan of one-year bonds on Dec. 4, according to data compiled by Bloomberg. (Added Nov. 29)

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

SHANXI COAL IMPORT & EXPORT GROUP CO.: The company plans to sell 1 billion yuan of five-year bonds on Dec. 4, according to a statement posted on the Chinese government bond clearing house’s website today. (Added on Nov. 28)

TIANJIN BINHAI NEW AREA CONSTRUCTION & INVESTMENT GROUP CO.: The company plans to sell 3 billion yuan of five-year bonds on Dec. 4, according to a statement on Chinamoney.com.cn, a website of the China Foreign Exchange Trade System. (Added on Nov. 28)

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 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)

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

RABOBANK NEDERLAND: The lender plans to sell today at least 350 million yuan more of its 3.25 percent Dim Sum bonds due September 2015, according to a person familiar with the matter. (Added Nov. 30)

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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