Shanghai Port part-cashes out of PSBC via EB

Shanghai Port part-cashes out of PSBC via EB

The key cornerstone investor in China’s largest bank by retail branches raised $1 billion from an exchangeable bond issue, potentially exiting nearly half of its investment.
Investors reject three deals trying their luck at the bottom end of the ratings spectrum.
China’s resolve to rein in financial risks has strengthened since mid-2016 but success remains uncertain, says S&P Global Ratings. Chinese lenders' higher tolerance for ...
Two clear winners emerge among the Chinese institutions seeking a share of the Hong Kong market.
We explain how we selected the winners of our domestic and international awards in Hong Kong.
Heavily-indebted property developer capitalises on share price surge to raise $516 million from top-up placement.

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