Zhongyuan Bank (HKG:1216) has issued 5 billion yuan of special financial bonds with a coupon rate of 2.1% maturing in three years, a Friday bourse filing said.
The lender will use proceeds from the issue to provide loans to small and micro enterprises.
Shares of the company closed nearly 7% higher on Friday.
Price (HKD): $0.32, Change: $+0.020, Percent Change: +6.78%
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