Panda bonds issuance to help boost B&R projects

The Shanghai Stock Exchange will complete the financing mechanism for Panda bonds issued for projects related to the Belt and Road Initiative.

In a news conference held on Wednesday, bourse officials said that they are studying the financing mechanism for such Panda bonds to support the companies and organizations - either based in China or from other countries and regions participating in the initiative - to issue renminbi bonds at the exchange.

The bourse will also study the possibility of equity financing for projects related to the initiative. They will continue to explore D-share issuing services at the China Europe International Exchange AG.