Changshu Bank Grabs Approval from Securities Regulator for Convertible Debt

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A regional lender in Jiangsu province is one of three companies to grab approval from the China Securities Regulatory Commission (CSRC) for convertible debt issues.

According to an announcement made by CSRC on 25 July these companies include:

  • Jiangsu Changsha Rural Village Commercial Bank Share Co., Ltd. (江苏常熟农村商业银行股份有限公司)
  • Guangzhou Municipality Jiacheng International Logistics Share Co., Ltd. (广州市嘉诚国际物流股份有限公司)
  • Chongqing Zaicheng Keji Share Co., Ltd. (重庆再升科技股份有限公司).