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Tongda Group Subsidiary Subscribes to Industrial Bank Wealth Management Products
Tongda Group Holdings' (HKG:0698) indirect non-wholly owned subsidiary, Tongda Chuang Zhi, subscribed to wealth management products of an Industrial Bank (SHA:601116) branch using its idle funds, a We
Tongda Group subscribed to several financial products.
Tongda Group (00698) announced that on June 5, 2024, its indirectly partially-owned subsidiary Tongda Chuangzhi used its idle funds to subscribe to several financial products, including the Industrial Bank's first and second financial products, with subscription amounts of RMB 30 million and RMB 40 million, respectively.
The rising debt burden in the USA poses an increasingly significant risk to the bond market.
Bond industry leaders believe that the bleak US fiscal outlook will continue to drive debt growth and maintain high long-term bond yields. Market participants at the ISDA/Sifma Finance Forum held in New York on Wednesday said that regardless of who wins the November presidential election, reducing spending and increasing taxes are unlikely to alleviate concerns about the increasing supply of US government bonds. They said the most worrying scenario is when one party completely controls the White House and both houses of Congress. 'No matter what the election results are, the fiscal direction will not make anyone comfortable in five to ten years,' said the Chief Investment Officer of Bank of New York Mellon, Ja.
Zhaojin Mining plans to issue 1 billion yuan commercial paper.
Zhaojin Mining (01818) announced that Zhaojin Mining Co., Ltd. has registered the fourth tranche of ultra-short-term financing bonds due in 2024 with the China Foreign Exchange Trading System. Industrial Bank Co., Ltd. is the lead underwriter and bookkeeping manager for this tranche of ultra-short-term financing bonds. In accordance with the relevant regulations and self-discipline rules registered with the China Foreign Exchange Trading System, the issuer and the bookkeeping manager disclose the specific issuance plan for this issuance as follows: Debt financing instrument name: Zhaojin Mining Co., Ltd. 2024 fourth tranche of ultra-short-term financing bonds Registered amount: RMB
Tongwei Issues Green Ultra-Short-Term Bonds of 500 Million Yuan
Chinese solar silicon manufacturer Tongwei (SHA:600438) issued green ultra-short-term bonds worth 500 million yuan, the company's second tranche of such bonds for the year, according to the company's
Standard Development Provides Industrial Bank With Guarantee for Unit's 50 Million Yuan Loan
Construction engineering firm Standard Development Group (HKG:1867) has provided a repayment obligation guarantee for a 50 million yuan loan obtained by unit Standard Bio (Juancheng), a Thursday filin
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