Money

Chinese corporate bond sales have busiest start

(Agencies)
Updated: 2011-01-24 16:32

Chinese companies raised over three times more from bonds than from equities this year, Bloomberg reported Monday.

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Corporate bond sales totaled 100 billion yuan ($15.2 billion) since Jan 1, up 60 percent from a year earlier and the most since Bloomberg started tracking the data in 1999.

A-share sales in 2011 have totaled 28.8 billion yuan, down from 34 billion yuan a year earlier, according to Bloomberg data.