Advised Rugao Economic and Trade Development Company on the issuance of US$160 million listed bonds

Chungs Lawyers (in association with DeHeng Law Offices) advised Rugao Economic and Trade Development Company on its issuance of US$160,000,000 5.95% Bonds due 2023 which is listed on the Hong Kong Stock Exchange (stock code: 40133).

Rugao Economic and Trade Development Company is the primary investment, financing and construction platform in Rugao City, Jiangsu Province, the People’s Republic of China.

Listing of the bonds on the Hong Kong Stock Exchange commenced on 23 January 2020.

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Advised Rugao Economic and Trade Development Company on the issuance of US$160 million listed bonds

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