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Bloomberg Markets

Hongqiao Prices $1.5 Billion Convertible Sale Near Low End

Hongqiao Prices $1.5 Billion Convertible Sale Near Low End
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China Hongqiao Group Ltd. priced its 10.2 billion-yuan ($1.5 billion) sale of bonds that can be converted into stock at HK$43.90, near the low end of the marketed range.

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