Shandong Ruyi bond surges as maturity looms

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Shandong Ruyi bond surges as maturity looms

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Shandong Ruyi Technology Group Co’s outstanding $345m bond, which is only two months from maturity, jumped by over 10 points in the secondary market last week. The move was a response to the company's attempts to improve its liquidity position, including through the announcement of a tie-up with a government-owned entity.

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