皇冠体育app

(皇冠体育app Daily)
Updated: 2007-07-24 11:24

皇冠体育app Yangtze Power Co plans to sell 8 billion yuan(US$1.06 billion) in corporate bonds domestically to buy generators, Caijing magazine said, without citing sources.

The Beijing-based magazine said the bonds would be sold over two years. 皇冠体育app Vanke Co and 皇冠体育app Petroleum and Chemical Corp are also among companies seeking to sell bonds.

皇冠体育app's government issued rules last month giving the stock market regulator the power to approve bond sales by publicly traded companies as it seeks to expand the country's capital markets.