China Securities Regulatory Commission: it is promoting the formulation of rules for the issuance of Panda Bonds. During the year, nine Panda Bonds issued a total of 14.5 billion yuan
As of February 22, in 2022, 9 panda bonds have been issued in the Chinese market, with a total issuance amount of 14.5 billion yuan. There are 7 issuers, including 2 overseas enterprises and 5 domestic enterprises listed in Hong Kong stocks. The CSRC said that it was stepping up efforts to promote the formulation of panda bond issuance rules in the exchange bond market, and clarified the subject scope, audit and filing requirements, application of accounting standards, access of intermediaries and foreign exchange management of bonds issued by overseas institutions.
Gansu Province successfully issued 31.5 billion yuan of special government bonds
On February 22, the first batch of 31.5 billion yuan government bonds of Gansu Province were successfully issued in 2022, which were used for railway projects in Gansu, covering shed reform, municipal and industrial parks, agriculture and rural areas. Among them, Lanzhou Zhangye and Zhongchuan airport Wuwei sections were issued by maturity succession, with an issuance amount of 700 million yuan, becoming the first railway project in Gansu Province to issue special government bonds.
several real estate enterprise bond issuers actively disclose operational information
On February 24, Poly Developments And Holdings Group Co.Ltd(600048) holding group, Beijing Capital Development Co.Ltd(600376) , Huafa Industrial Co.Ltd.Zhuhai(600325) , Chongqing Longhu Enterprise Development Co., Ltd., country garden Holding Co., Ltd. and other Shanghai real estate enterprise bond issuers issued announcements to disclose the recent operation status of the enterprise and its preparation for the future. Some investors said that the move of real estate enterprises is a positive attempt in mechanism, focusing on the establishment and improvement of the concept and form of information disclosure, which will help boost market confidence and stabilize investment expectations.
Bank Of Shanghai Co.Ltd(601229) plans to issue 3 billion yuan of Real Estate Project M & a theme bonds
On February 24, Bank Of Shanghai Co.Ltd(601229) announced that it would launch the issuance of financial bonds in the national inter-bank bond market in the near future, and issue 3 billion yuan of Real Estate Project M & a theme bonds. The funds raised were specially used to support high-quality real estate enterprises to merge and acquire high-quality projects of large real estate enterprises in danger and difficulties.
since 2022, the issuance scale of China’s green bonds has soared
Driven by a number of favorable policies, the development of green finance in China has shown a rapid warming trend. According to the statistics of China integrity Research Report, 40 new green bonds were issued in January, with a total issuance scale of 69.292 billion yuan, of which 11 were “carbon neutral” bonds, with a scale of 14.319 billion yuan. The issuance of green bonds in January 2022 is more than four times that of the same period in 2021, and the issuance scale is about seven times.
Bank Of Nanjing Co.Ltd(601009) landing the first green medium-term note of real estate in China
On February 23, Nanjing financial city construction and Development Co., Ltd. successfully issued the first phase of green medium-term notes in 2022, with an issuance scale of 1.5 billion yuan, a term of 3 + 2 years and a coupon rate of 3.29%. This is the first green medium-term note for real estate in China (Sustainable linked), which has been enthusiastically subscribed by investors.
Dagong: reduce the credit rating of Yango Group Co.Ltd(000671) subject and related debts to “BB”
On February 24, Dagong decided to downgrade the credit rating of Yango Group Co.Ltd(000671) subject from “BBB” to “BB”, and the rating outlook remained “negative”, “21 Yango Group Co.Ltd(000671) mtn001″, “21 Yangcheng 01”, “21 Yangcheng 02”, “20 Yangcheng 01”, “20 Yangcheng 02”, “20 Yangcheng 03”, “20 Yangcheng 04”, “20 Yango Group Co.Ltd(000671) mtn001” “20 Yango Group Co.Ltd(000671) mtn002” and “20 Yango Group Co.Ltd(000671) mtn003” were downgraded from “BBB” to “BB”.
