Bank of Hangzhou to raise up to 7B yuan in perpetual bonds
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According to Market Intelligence, April 2023
Bank of Hangzhou Co. Ltd. said Dec. 18 that it obtained regulatory approval to raise no more than 7 billion Chinese yuan in perpetual bonds.
The lender did not disclose other details about the issuance plan.
As of Dec. 18, US$1 was equivalent to 7.00 Chinese yuan.
