Shenzhen International, Standard Chartered Hong Kong Sign Qianhai Cross-border Bilateral RMB Loan AgreementRMB Loan Agreement • July 11th, 2013
Contract Type FiledJuly 11th, 2013Hong Kong, 11 July 2013 … Shenzhen International Holdings Ltd (“Shenzhen International”; HKEx: 00152) and Standard Chartered Bank (Hong Kong) Ltd (“Standard Chartered Hong Kong”) jointly announced the signing of a one-year RMB100 million Qianhai cross-border bilateral Renminbi loan agreement, marking the beginning of a new collaboration between both parties. A representative from Qianhai Management Bureau also attended the signing ceremony to witness this new milestone involving the extended use of offshore Renminbi, and the increase in financing channels for companies incorporated in Qianhai.