Ping An Bank Co. Ltd. obtained regulatory approval to issue up to 26 billion yuan of convertible bonds.
The approval is valid for a period of six months, according to a Dec. 27 filing.
As of Dec. 27, US$1 was equivalent to 6.87 Chinese yuan.
Ping An Bank to issue up to 26B yuan of convertible debt
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Ping An Bank to issue up to 26B yuan of convertible debt
- Author Hoi Shan Chan
- Theme Banking
- Author
- Hoi Shan Chan
- Theme
- Banking