Yuexiu Property Unit Lists 1.6 Billion Yuan Green Bonds in Hong Kong; Shares Jump 7%

MT Newswires Live

05/29

Yuexiu Property (HKG:0123) unit Joy Delight International obtained approval to list 1.6 billion yuan of 3.40% guaranteed green notes due 2029 on the Hong Kong Stock Exchange, according to a Thursday bourse filing.

Shares of the property company were up nearly 7% in Friday morning trade.

The notes are guaranteed by Yuexiu Property, the filing said.

Trading in the notes is expected to commence on Friday and will be available only to professional investors.

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