CHINANEWTOWN (01278) Subsidiary Plans to Issue RMB1.5 Billion Bonds

Stock News

Nov 21, 2025

CHINANEWTOWN (01278) announced that on November 20, 2025, the company, its wholly-owned subsidiary CNTD Success Company Limited (the issuer), and Wuxi Communications Industry Group Co., Ltd. (Wuxi Communications Group) entered into a subscription agreement with bond underwriters for the issuance of RMB1.5 billion bonds. The bonds will mature in 2028 with an interest rate of 2.95% and will benefit from a keepwell and liquidity support deed as well as an equity purchase commitment deed provided by Wuxi Communications Group. After deducting commissions and other estimated expenses related to the bond issuance, the net proceeds will be used to refinance the issuer's existing offshore debt.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1162104768"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1162104768\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1162104768?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-21 06:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1162104768","market":"us","top_or_hot":-1,"title":"CHINANEWTOWN (01278) Subsidiary Plans to Issue RMB1.5 Billion Bonds","media":"Stock News","content":"<p>CHINANEWTOWN (01278) announced that on November 20, 2025, the company, its wholly-owned subsidiary CNTD Success Company Limited (the issuer), and Wuxi Communications Industry Group Co., Ltd. (Wuxi Communications Group) entered into a subscription agreement with bond underwriters for the issuance of RMB1.5 billion bonds. The bonds will mature in 2028 with an interest rate of 2.95% and will benefit from a keepwell and liquidity support deed as well as an equity purchase commitment deed provided by Wuxi Communications Group. After deducting commissions and other estimated expenses related to the bond issuance, the net proceeds will be used to refinance the issuer's existing offshore debt.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CHINANEWTOWN (01278) Subsidiary Plans to Issue RMB1.5 Billion Bonds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCHINANEWTOWN (01278) Subsidiary Plans to Issue RMB1.5 Billion Bonds\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-11-21 06:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>CHINANEWTOWN (01278) announced that on November 20, 2025, the company, its wholly-owned subsidiary CNTD Success Company Limited (the issuer), and Wuxi Communications Industry Group Co., Ltd. (Wuxi Communications Group) entered into a subscription agreement with bond underwriters for the issuance of RMB1.5 billion bonds. The bonds will mature in 2028 with an interest rate of 2.95% and will benefit from a keepwell and liquidity support deed as well as an equity purchase commitment deed provided by Wuxi Communications Group. After deducting commissions and other estimated expenses related to the bond issuance, the net proceeds will be used to refinance the issuer's existing offshore debt.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01278","symbol_name":"中国新城镇","start_time":0,"source_url":"","article_id":"1162104768","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1162104768","pubTimestamp":1763677810,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"CHINANEWTOWN (01278) announced that on November 20, 2025, the company, its wholly-owned subsidiary CNTD Success Company Limited (the issuer), and Wuxi Communications Industry Group Co., Ltd. (Wuxi...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01278":"中国新城镇","BK1240":"房地产开发"},"translate_title":"中国新城(01278)附属公司拟发行15亿元债券","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01278":1},"content_text":"CHINANEWTOWN (01278) announced that on November 20, 2025, the company, its wholly-owned subsidiary CNTD Success Company Limited (the issuer), and Wuxi Communications Industry Group Co., Ltd. (Wuxi Communications Group) entered into a subscription agreement with bond underwriters for the issuance of RMB1.5 billion bonds. The bonds will mature in 2028 with an interest rate of 2.95% and will benefit from a keepwell and liquidity support deed as well as an equity purchase commitment deed provided by Wuxi Communications Group. After deducting commissions and other estimated expenses related to the bond issuance, the net proceeds will be used to refinance the issuer's existing offshore debt.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}