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JPMorgan Chase, BNP bullish on panda bonds

They get China licence to underwrite corporate bonds regulated by the central bank

Shanghai

JPMORGAN Chase and BNP Paribas expect foreign companies to sell more yuan bonds in China this year, after the government allowed the two banks to underwrite corporate notes last month.

JPMorgan is having an "active dialogue" with global clients about possible issuance of

sentifi.com

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