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China Galaxy gets go-ahead for RMB 5.5 billion corporate bonds
By Marisa Wong
Morgantown, W.Va., Dec. 28 – China Galaxy Securities Co., Ltd. said it plans to sell up to RMB 5.5 billion of corporate bonds.
The China Securities Regulatory Commission recently approved the proposed issuance, according to a company announcement. The approval is valid for six months.
The bonds were first proposed in December 2014.
China Galaxy is a Beijing-based brokerage company.
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