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Shenwan Hongyuan Group grosses 5.50 billion yuan from debt offering

Shenwan Hongyuan Group Co., Ltd. raised gross proceeds of 5.50 billion yuan from an offering of 3.20% company bonds due Sept. 9, 2021.

Shenwan Hongyuan Financing Services Co. Ltd. was the lead underwriter.

As of Sept. 8, US$1 was equivalent to 6.66 yuan.