China Shortens Corporate Bond Approval Time, Securities Reports
By Bloomberg News -
2011-06-28T23:33:50Z
Chinese regulators will shorten the time needed to approve corporate bond sales to one month to facilitate companies raising money from capital markets, the Securities Times reported today, citing an unidentified regulatory official.
Priority for approval will be given to companies selling bonds through private placements or companies that are involved in infrastructure construction, the newspaper reported.
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