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Longfor Properties registers 8B yuan bond issuance

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Longfor Properties registers 8B yuan bond issuance

Longfor Properties Co. Ltd. will issue up to 8.00 billion Chinese yuan of bonds in China.

The company applied to the National Association of Financial Market Institutional Investors in China for the issuance of the medium-term notes.

As of Jan. 26, US$1 was equivalent to 6.88 Chinese yuan.