Yuexiu Transport Infrastructure (HK:1052) has released an update.
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Yuexiu Transport Infrastructure’s subsidiary has applied to the China Securities Regulatory Commission and the Shanghai Stock Exchange to register a RMB3.0 billion public offering of corporate bonds aimed at professional investors in China. The bonds intend to be listed on the Shanghai Stock Exchange and have received an AAA credit rating, signaling strong investor confidence. This move could potentially open up new capital opportunities for Yuexiu Transport Infrastructure.
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