Greater China
CSSC to issue RMB5bn bills
Beijing: China State Shipbuilding Corporation (CSSC) is to issue RMB5bn ultra-short-term bills on 29 January.
The company expects to raise RMB5bn through the issuance of the bills. The funds collected will be used to supplement the operation capital of its subsidiaries, purchase of raw materials and shipbuilding supplies. [29/01/13]