Nanjing Electronics, New World China Land: China New Bond Alert

Nanjing China Electronics Panda Co., Zhangzhou Jiulongjiang Construction Co. and New World China Land Ltd. are among issuers that may sell bonds in the nation’s debt markets.

Domestic Bonds

NANJING CHINA ELECTRONICS PANDA CO.: The company plans to sell 1.1 billion yuan ($177 million) of 365-day bonds on Feb. 5, according to data compiled by Bloomberg. (Added Jan. 30)

ZHANGZHOU JIULONGJIANG CONSTRUCTION CO.: The company plans to sell 1 billion yuan of 365-day bonds on Feb. 5, according to data compiled by Bloomberg. (Added Jan. 30)

MINISTRY OF FINANCE: The ministry will sell 26 billion yuan of three-year government bonds today, according to a statement posted to the finance ministry’s website. (Updated Jan. 30)

FUFENG GROUP LTD.: The company will sell medium-term notes of up to 1.2 billion yuan with the first tranche of 600 million yuan to be issued on or about Jan. 31, according to a statement to the Hong Kong stock exchange. The proceeds will be used to repay bank loans, it said. (Added on Jan. 28)

BANK OF NINGBO CO.: The lender won approval from the China Banking Regulatory Commission to issue 8 billion yuan of bonds, according to a statement to the Shenzhen Stock Exchange. (Added on Jan. 24)

TAIYUAN HEAVY INDUSTRY CO.: The machinery manufacturer plans to sell 1 billion yuan of one-year bonds on Jan. 31, according to data compiled by Bloomberg. (Added on Jan. 24)

CHINA INSURANCE REGULATORY COMMISSION: China may allow insurance groups and holding companies to sell subordinated debt, according to a draft amendment posted by the China Insurance Regulatory Commission on its website seeking comment. Insurance groups or holding companies can’t issue subordinated debt under existing rules (Added Jan. 23)

GUANGZHOU AUTOMOBILE GROUP CO.: The company won approval to sell up to 6 billion yuan of bonds in multiple tranches, the first of which can be no more than 50 percent of the total amount, according to a statement to the HK stock exchange. (Added Jan. 23)

CITIC SECURITIES CO.: The company is seeking approval to issue up to 40 billion yuan of yuan-denominated debt in onshore and offshore markets, according to a filing to Hong Kong’s stock exchange. (Added Jan. 24)

HEBEI IRON & STEEL CO.: The company has regulatory approval to sell 5 billion yuan of bonds, according to a statement posted to the Shenzhen Stock Exchange. (Added Jan. 9)

SHANXI TAIGANG STAINLESS STEEL CO.: The company won approval from the National Association of Financial Market Institutional Investors to sell 9 billion yuan of bonds, according to a statement posted to the Shenzhen Stock Exchange. (Added Jan. 9)

FOUNDER SECURITIES CO.: The company’s board has approved a 5 billion yuan bond sale, according to an exchange statement. (Added Jan. 4)

SPRINGLAND INTERNATIONAL HOLDINGS LTD.: The company has entered an underwriting agreement with China Construction Bank and Export-Import Bank of China to sell 1.5 billion yuan of one- year notes, according to a statement to the Hong Kong stock exchange. (Added Jan. 4)

LOCAL GOVERNMENTS OF TIANJIN, GUANGZHOU, WUXI, ZHENJIANG AND YANCHENG: Financing vehicles in the five cities have been approved by the National Development & Reform Commission to sell a combined 15 billion yuan of bonds in a pilot program to raise funds for small businesses, two people familiar with the matter said. (Added Dec. 31)

Dim Sum Bonds

NEW WORLD CHINA LAND LTD.: The company plans to sell five- year Dim Sum bonds today at a yield of about 5.75 percent, according to a person familiar with the matter. (Added. Jan. 30)

HUANENG POWER INTERNATIONAL INC.: The company plans to issue yuan bonds in Hong Kong in the 4 percent area, according to a person familiar with the matter. (Updated Jan. 30)

CITIC SECURITIES CO.: The company is seeking approval to issue up to 40 billion of yuan-denominated debt in onshore and offshore markets, according to a filing to Hong Kong’s stock exchange. (Added Jan. 22)

KEPPEL CORP.: The world’s biggest oil-rig builder may sell yuan-denominated bonds offshore, according to its chief financial officer Loh Chin Hua in a Jan. 15 interview in Singapore. (Added Jan. 16)

To contact the reporter on this story: Henry Sanderson in Beijing at hsanderson@bloomberg.net

To contact the editor responsible for this story: Shelley Smith at ssmith118@bloomberg.net

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