[financing China: the current limit for issuing compulsory convertible bonds is US $1.75 billion] the Hong Kong Stock Exchange of China (HKEx) announced that consenting creditors holding about 87 per cent of the outstanding principal of existing debt have joined the restructuring support agreement. When the effective date of the restructuring is implemented, the company will issue convertible bonds with a total principal of $1 billion to plan creditors. The company will issue compulsory convertible bonds with a current limit of US $1.75 billion, but if the total amount of compulsory convertible bonds selected by the plan creditors exceeds the current limit, the Company will have to increase the limit. In order to flexibly increase the size of compulsory convertible bonds, the Company intends to seek shareholders' approval at the EGM for a total of US $2.2 billion of special authorisation for conversion shares corresponding to compulsory convertible bonds.