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Bank of Jinzhou gets OK for RMB 10 billion offshore preference shares
By Marisa Wong
Morgantown, W.Va., Oct. 16 – Bank of Jinzhou Co., Ltd. said it obtained regulatory approval to issue up to RMB 10 billion of offshore preference shares.
The preference shares may be issued in multiple series, with each series having an issue size of at least 25% of the total approved amount.
The bank is based in Jinzhou, China.
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