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Shimao plans to repay yuan bond due Saturday after cash infl...

Shimao plans to repay yuan bond due Saturday after cash inflow: BBG cites sources
Shimao's onshore subsidiary has set aside funds to repay the 4.65% local bond with outstanding principal of 1.9 billion yuan ($300 million) maturing Saturday after receiving higher-than-anticipated cash inflows from property sales in Dec.
$SHIMAO GROUP(00813.HK)$
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