Vote of confidence in perps as CSCI bags $500m

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Vote of confidence in perps as CSCI bags $500m

China stock market random 150 x 230
Investors are seen at a stock trading hall in Shenyang, northeast China's Liaoning Province, March 30, 2016. China's stocks rallied on Wednesday, with the benchmark Shanghai Composite Index up 2.77 percent to 3,000.64 points. The smaller Shenzhen index surged 3.48 percent to end at 10,445.69 points. (Xinhua/Pan Yulong)(mcg) (Photo by Xinhua/Sipa USA) | Xinhua/SIPA USA/PA Images

China State Construction International Holdings’ (CSCI) $500m perpetual bond sale on Monday proved that investors still have an appetite for the structure — if the terms are right.

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