Money

China Merchants plans bond sales in Hong Kong

(Agencies)
Updated: 2010-10-25 15:50

China Merchants Holdings International Co, the investor in ports moving about a third of the country's containers, plans to sell about 2 billion yuan ($300 million) of bonds in Hong Kong, Bloomberg reported on Monday,?citing a source?with knowledge of the situation.

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The sale of two-year notes will be managed by Bank of China Ltd (Hong Kong) and BOC International Holdings Ltd, Bloomberg cited the source.