China Hongqiao Group issues Rmb10.2bn convertible bond
The HKEX listed aluminium giant will use the money to stockpile bauxite, refinance debt, to invest in overseas projects, share repurchases and for general corporate purposes; it also made a concurrent share repurchase.
BigThink
The HKEX listed aluminium giant will use the money to stockpile bauxite, refinance debt, to invest in overseas projects, share repurchases and for general corporate purposes; it also made a concurrent share repurchase.
May 08, 2026
Shandong-headquartered aluminium producer China Hongqiao Group has issued Rmb10.2 billon ($1.49 billion) US dollar-settled zero-coupon convertible bonds due 2027 and a concurrent share repurchase by the company, completing on May 5.
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