Zhongsheng Group Holdings Ltd. (HK:0881) has released an update.
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Zhongsheng Group Holdings Limited successfully issued the first tranche of Panda Bonds, raising RMB 1 billion with a 3.5% coupon rate and a three-year maturity. This strategic move aims to diversify the company’s financing options and strengthen its ability to expand operations in the future. Details about the bond issue are available on the Shanghai Clearing House website.
For further insights into HK:0881 stock, check out TipRanks’ Stock Analysis page.