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Tencent's Shares Plummet Over 2% Amid Reports of Up to $5 Billion Bond Issuance Plan
2 day ago /
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Author：小编
In the afternoon trading session, Tencent's stock price took a significant hit, plunging by more than 2% to reach HK$411.2, nearing the lows observed at the end of June. According to reports, Tencent is contemplating the issuance of offshore bonds worth up to $5 billion. These bonds are likely to be denominated in both U.S. dollars and offshore Chinese yuan, with the potential issuance date being as soon as this month.
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