Hong Kong’s China Investment proposes HK$500 million note offering

By William Gullotti

Buffalo, N.Y., Jan. 31 – China Investment Development Ltd. announced it intends to offer HK$500 million of notes, according to a notice on Monday.

Proceeds from the proposed issuance will be used for investing in potential good quality projects and general working capital.

No further details were released.

Based in Hong Kong, the investment company is managed by China Everbright Securities (HK) Ltd.

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