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Over 43 companies cancel debenture offerings in past two weeks

BEIJING
2015-11-23 20:39

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At least 43 Chinese companies cancelled their debenture offerings from November 9 to November 20, which involved financing scale of nearly 47 billion yuan, reported finance.Sina.com.cn on Monday.

These companies mainly belong to cyclical industries with excess production capacity and vulnerable to economic slowdown, such as iron and steel, cement industries.

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