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World's first corporate FTZ offshore bond issued in Shanghai_我的网站

中国合伙人

一 |     (ECNS) -- China Central Depository & Clearing Co., Ltd. (CCDC) supported Shanghai Electric Group Global Investment Ltd., a wholly owned overseas subsidiary of Shanghai Electric Group Co., Ltd., in issuing 1.5 billion yuan (about $209 million) in pilot free trade zone (FTZ) offshore bonds on Wednesday.    The three-year bonds carry a coupon rate of 1.8%.    The issuance set several records: it is the world's first corporate FTZ offshore bond, the first FTZ offshore bond to be listed on the Hong Kong Stock Exchange, and the largest single-tranche FTZ offshore bond issuance to date. The bonds attracted strong interest from investors in Hong Kong, Macao, Southeast Asia, the Middle East and Europe.    The issuance marks a significant step forward in the development of the FTZ offshore bond market, broadening the issuer base from financial institutions to high-quality corporate entities while further diversifying market participants and product offerings.                        。

二 |     (ECNS) -- More Chinese provinces are rolling out paid‑leave policies aimed at turning time off into consumer spending, with Henan urging officials to lead by example.    Henan issued a notice Wednesday requiring employers to ensure all eligible employees take their full annual leave, while encouraging scenic spots and rural guesthouses to design packages around music festivals, farming experiences, Yellow River leisure, ancient towns and folk activities.    At least six other provincial‑level regions — Yunnan, Guizhou, Shaanxi, Shanxi, Anhui and Tianjin — have introduced similar measures this year. The State Council's work report called for staggered paid leave for the first time, and the latest five‑year plan reaffirmed the system.    According to Song Xiangqing, vice president of the China Society of Business Economics, the longstanding over-reliance on statutory holidays has caused a tidal pattern in tourism, with overcrowding during peak seasons and underuse in off-peak periods.    Staggered paid leave policy aligns closely with the broader national drive to boost domestic demand and stimulate consumption, and is likely to turn leisure time into a steady source of spending momentum, Song said.                        。

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Published on:04:28:25


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