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China Galaxy approved to issue up to RMB 30 billion corporate bonds
By William Gullotti
Buffalo, N.Y., July 20 – China Galaxy Securities Co., Ltd. said the China Securities Regulatory Commission has approved its application to register up to RMB 30 billion of corporate bonds, according to an announcement Wednesday.
The bonds would be publicly issued to professional investors and may be offered in tranches within the 24-month period of having obtained regulatory approval.
The brokerage is based in Beijing.
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