CDB Hong Kong Branch will issue $ 30 billion debt plan to be listed on the Stock

China Development Bank recently announced that CDB Hong Kong Branch plans to issue 30 billion US dollars in bonds, and the Hong Kong Stock Exchange has been approved to apply for listing. CDB through the Hong Kong Stock Exchange released a notice and showed that the planned issue of US dollar bonds will be issued to professional investors. As one of the three major policy banks in China, China Development Bank serves the major long-term development strategy of the national economy mainly through medium and long-term financial businesses such as credit and investment. As of the end of 2016, the total assets of 14.34 trillion yuan, the loan balance of 10.32 trillion yuan; net profit of 109.667 billion yuan that year, the capital adequacy ratio of 9.82%.