Shenwan Hongyuan bonds get Shenzhen Exchange green light

Shenwan Hongyuan Group (SZSE:000166) announced that its subsidiary, Shenwan Hongyuan Securities Co., Ltd., has received a "No Objection Letter" from the Shenzhen Stock Exchange regarding its application for the non-public issuance of short-term corporate bonds. The Shenzhen Stock Exchange has confirmed that the proposed issuance, with a face value not exceeding CNY 20 billion, meets the listing conditions for the exchange. These bonds, targeted towards professional investors, are subject to compliance with document submission requirements. The "No Objection Letter" is valid for 12 months from April 30, 2025.