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Chinese companies' onshore bond sales hit a new record high in the first half of the year, benefiting from a monetary easing aimed to shore up the economy hit by the coronavirus outbreak.
China's total issuance of corporate bonds, notes and bills amounted to 6.34 trillion yuan, the highest amount on record, shows data from Wind Information. That compares to 9.18 trillion yuan issuance for the whole year of 2019. Bond issuers raised net 3 trillion yuan funding from the bond sales, which was also the highest on record.
Bond issuance during . . .
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