HSBC Hired to Help Manage Sale of Yuan Bond by China Minmetals

HSBC Holdings Plc’s China unit was hired as part of a group of banks to manage a sale of 3 billion yuan of 365-day bonds for China Minmetals Corp., according to a prospectus posted on Chinamoney.com.cn, a website of the China Foreign Exchange Trade System.

China Everbright Bank Co. is the lead underwriter, it said.

— With assistance by Henry Sanderson

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