23 July 2019

Shenzhen Intl, Taipei Fubon ink RMB loan deal, paper says

Infrastructure firm Shenzhen International Holdings Ltd. (00152.HK) is set to sign a Qianhai cross-border bilateral renminbi loan agreement with Taiwan’s Taipei Fubon Commercial Bank Co. Ltd. on Dec. 18, the Economic Daily News reported Wednesday, without citing any source. The unspecified funds will be used to develop the company’s project in Qianhai’s Mawan area. The deal is the first of its kind signed between a Taiwanese bank and a Hong Kong-listed mainland state-owned enterprise, the report said.

– Contact HKEJ [email protected]



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