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Central Huijin planning bond sales to raise funds

By Wang Bo and Mao Lijun | China Daily | Updated: 2010-08-05 07:48

Central Huijin planning bond sales to raise funds

Pedestrians walk past a branch of the Industrial and Commercial Bank of China (ICBC) Ltd in Beijing. Central Huijin is planning bond sales to fund major commercial lenders, including ICBC. Nelson Ching / Bloomberg

Part of the proceeds may be used to finance major commercial lenders

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