SSE reviewing 1st batch of SME private placement bonds  

上海证券交易所首批中小企业私募债券发行在即

上海证券交易所7日正式受理7家中小企业关于申请发行私募债券的备案材料，目前上述材料的完备性核对工作正在紧张进行中。此举意味着首批中小企业私募债券的发行指日可待。

Shanghai (CNS) -- The Shanghai Stock Exchange (SSE) on Thursday officially started a review process for private placement bond applications submitted by seven small and mid-sized enterprises.

The seven applicants represent various industries including cultural media, hi-tech, and manufacturing companies, and their issue limits vary from 20 to 100 million yuan (US$ 3.14 to 15.7 million).

This is yet another effort to solve difficulties faced by SMEs engaged in financing themselves.

The SSE does not judge or guarantee the credibility of the issuers or absorb risks associated with their financial products, however.

The exchange claims simply to broaden the stock and bond service range for SMEs as well as other micro and private business units.