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Wanlian Securities raises 500M yuan via bonds

Wanlian Securities Co., Ltd. said May 4 that it raised 500 million yuan via a nonpublic bond issuance.

The three-year bonds carry a 5.97% coupon.

The bonds will be listed May 9 on the Shanghai Stock Exchange.

As of May 4, US$1 was equivalent to 6.36 Chinese yuan.