Falling demand amid economic slowdown in mainland

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Shipping Terms:
FOB
Date Posted:
2012-08-16
Expires:
2013-02-16
Status:
Expired

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Anhui Conch Cement (0914) spent four billion yuan (HK$4.88 billion) of proceeds from a bond issue on investment products that generated low yields, the Securities Daily reported.


The mainland's biggest cement producer issued five-year and seven-year papers worth 9.5 billion yuan in May last year, with coupon rates at 5.08 percent and 5.2 percent, respectively.

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