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Direct financing move to strengthen market

Shareholders of listed companies can issue exchangeable bonds from yesterday to broaden the channels of direct financing, China's securities watchdog said yesterday. Exchangeable bonds that are somewhat like of corporate bonds can be exchanged for... ...full story at People's Daily

from People's Daily on Mon, Oct 20 2008

see also:

08 May 08 visit Chinese govt to encourage Chinese companies to buy land over  »  YouTube videoAIG reports a US$7.8 bln loss Plans to raise US$12.5 billion in new capital AIG is world's largest insurer Losses on credit default swaps contracts Insured US$61 billion of sub prime bonds Elsewhere, the BoE and the ECB have kept their official interest...
05 Sep 08 visit China to allow exchangeable bonds to ease stock oversupply  »  People's Daily The China Securities Regulatory Commission (CSRC) will allow shareholders of listed companies to issue exchangeable bonds, a move to ease oversupply in the stock market that has helped to drive down share prices. The CSRC published a draft...
06 Sep 08 visit China to allow issuing exchangeable bonds to ease stock oversupply  »  People's Daily The China Securities Regulatory Commission (CSRC) will allow shareholders of listed companies to issue exchangeable bonds, a move to ease oversupply in the stock market that has helped to drive down share prices. The CSRC published a draft...
14 Apr 08 visit Chinese companies to issue short-term bonds more easily  »  People's Daily Chinese companies will no longer need the central bank's approval when issuing short-term bonds on the inter-bank market amidst government efforts to boost direct financing and reduce bank loan risks. The People's Bank of China (PBO ...
28 Aug 08 visit Vanke to issue 5.9b yuan in corporate bonds  »  People's Daily Vanke, China's largest listed property developer, was approved to issue up to 5.9 billion yuan ($861.69 million) in corporate bonds by the China Securities Regulatory Commission, the company said Wednesday. As much as 1.5 billion yuan of the proceeds...
29 Jan 08 visit Mainland launches three new bond indices  »  People's Daily China Securities Index Co yesterday launched three new bond indices, covering for the first time all bonds traded on the interbank and stock markets. The new indicators are of government, financial and corporate bonds and set the referen ...

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