By Addison Gong
26 Apr 2021
In this round-up, Beijing decides to leave ‘clean coal’ out of the latest list of eligible projects for green bonds, stock exchanges in Shanghai and Shenzhen plan to tighten approval for bond issuance, and the first batch of public infrastructure real estate investment trusts (Reits) are being reviewed at the two bourses.
China has kept the loan prime rate (LPR), the benchmark lending rate, unchanged for the 12th consecutive month in April. The one year LPR remained at 3.85%, and the five year and above rate stayed at 4.65%, the central bank announced last week.
*
China’s outbound direct investment (ODI) rose 4.6% year-on-year in the first quarter of 2021 to Rmb206.14bn ($31.8bn), according to the Ministry of Commerce. Non-financial ODI dropped 4.9% to Rmb106.81bn during the same period.