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Zhenro Properties buys back 892.4M yuan of corporate bonds

Zhenro Properties Group Ltd. completed Oct. 10 the repurchase of 892.4 million yuan worth of corporate bonds.

The repurchased bonds were part of its 2016 corporate bonds. Following the deal, nearly 1.11 billion yuan of the bonds remain outstanding.

As of Oct. 10, US$1 was equivalent to 6.92 yuan.