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China Zheshang Bank proposes RMB 50 billion bonds, green bonds
By Marisa Wong
Morgantown, W.Va., March 13 – China Zheshang Bank Co., Ltd. is proposing to issue up to RMB 50 billion of renminbi-denominated financial bonds, according to a company notice.
The bonds may include ordinary financial bonds, small-micro enterprises special financial bonds and green financial bonds.
The proposed issuance is subject to shareholders’ approval.
The commercial bank is based in Hangzhou, China.
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