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%