Beijing SOE overcomes Huarong volatility to price $700m bond

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Beijing SOE overcomes Huarong volatility to price $700m bond

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Night cityscape with bilding and road in Beijing city, China | Ake/anekoho - stock.adobe.com

Beijing Enterprises Holdings battled weakened sentiment around Chinese state-owned enterprises to sell a $700m dual tranche transaction on Wednesday. The company was able to price a successful deal, but only after overcoming recent fears about Chinese issuers. Morgan Davis reports.

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