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Global law firm Ashurst advised on Hangzhou Fuyang Chengtou Group (HK) Limited (Issuer) on its second public offering of offshore bonds, in the aggregate amount of US$328 million, guaranteed by Hangzhou Fuyang City Construction Investment Group Co., Ltd (Guarantor), an SOE wholly-owned by the Hangzhou Fuyang District State-owned Assets Supervision and Administration Commissions. The bonds are listed on the Hong Kong Stock Exchange.

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