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Shanghai Guotou Issues China’s First Ultra-Long AI Sci-Tech Bond

Shanghai Guotou issued the country’s first ultra-long-term sci-tech bond for AI industry chain on the Shanghai Stock Exchange on September 3. The bond, coded ‘沪国投K2’, has a 10-year tenor, raising 3 billion yuan at a coupon rate of 2.02%, with an oversubscription of 3.44 times.

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