ePrime Congratulates Shanghai Electric Group Company Limited’s Successful Issuance of Free Trade Zone Offshore Green Bonds
17 August 2026
ePrime congratulates Shanghai Electric Group Company Limited’s successful issuance of Free Trade Zone (FTZ) Offshore Green Bonds totaling RMB1.5 billion with a tenor of 3 years, and a coupon rate of 1.80%. The main participating institutions in this bond issuance, including Guotai Junan International, completed bookbuilding, order allocation, and pricing smoothly through ePrime Issuance Service.
This issuance marks the first corporate green FTZ offshore bond, as well as the first FTZ offshore bond listed on the Hong Kong Stock Exchange. This transaction further broadens cross‑border RMB financing channels, deepens market connectivity, and accelerates the internationalisation of the RMB.
The issuance was met with robust investor demand, with the orderbook peaking at RMB 19.1 billion—more than 12 times the final issuance size. The final coupon of 1.80% represented a tightening of 60 basis points from the initial price guidance.
BCCL is committed to improving the efficiency and convenience of the bookbuilding process for offshore bond transactions and promoting the development of the offshore RMB bond market.
In collaboration with CFETS and launched in 2020, ePrime is an electronic solution for the primary bond market across the issuers, underwriters and investors specialized in the China cross-border workflow. It has two components to cater issuance and subscription applications: ePrime Issuance Service and ePrime Northbound Subscription Service.
ePrime Issuance Service offers a platform for issuing, primary book building, pricing and allocation for offshore securities including US dollar-denominated bonds, Renminbi bonds, Hong Kong dollar bonds and other currencies. It has successfully supported various issuances from policy banks and commercial banks and onboarded 46 offshore underwriters.
This issuance marks the first corporate green FTZ offshore bond, as well as the first FTZ offshore bond listed on the Hong Kong Stock Exchange. This transaction further broadens cross‑border RMB financing channels, deepens market connectivity, and accelerates the internationalisation of the RMB.
The issuance was met with robust investor demand, with the orderbook peaking at RMB 19.1 billion—more than 12 times the final issuance size. The final coupon of 1.80% represented a tightening of 60 basis points from the initial price guidance.
BCCL is committed to improving the efficiency and convenience of the bookbuilding process for offshore bond transactions and promoting the development of the offshore RMB bond market.
In collaboration with CFETS and launched in 2020, ePrime is an electronic solution for the primary bond market across the issuers, underwriters and investors specialized in the China cross-border workflow. It has two components to cater issuance and subscription applications: ePrime Issuance Service and ePrime Northbound Subscription Service.
ePrime Issuance Service offers a platform for issuing, primary book building, pricing and allocation for offshore securities including US dollar-denominated bonds, Renminbi bonds, Hong Kong dollar bonds and other currencies. It has successfully supported various issuances from policy banks and commercial banks and onboarded 46 offshore underwriters.
Please contact us at eprime@chinabondconnect.com / (852) 2327 0398 for enquiries.
© 2026 Bond Connect Company Limited. All rights reserved.
Disclaimer:
The information contained in this document is for general informational purposes only and does not constitute an offer, solicitation, invitation or recommendation to buy or sell any securities or to provide any investment advice or service of any kind. This document is not directed at, and is not intended for distribution to or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject any of Bond Connect Company Limited ("BCCL") and/or its affiliates to any registration requirement within such jurisdiction or country.
No section or clause in this document may be regarded as creating any obligation on BCCL and/or its affiliates. Rights and obligations with regard to the trading and settlement of any securities effected on the CFETS, including through the Bond Connect, shall be set out solely in the applicable rules of the Entities, as well as the applicable laws, rules and regulations of Mainland of China and Hong Kong in effect from time to time.
Although the information contained in this document is obtained or compiled from sources believed to be reliable, BCCL and/or its affiliates assume no responsibility or liability for any errors, omissions or other inaccuracies in the information or for the consequences thereof. **It should not be used as a substitute for investment, accounting, tax, legal or other professional advice. If you are in any doubt about the contents of this document, you should seek independent professional advice.**BCCL and/or its affiliates assume no responsibility or liability for any cost, expense, loss or damage, directly or indirectly, howsoever caused, of any kind, arising from the use of or reliance upon any information provided in this document, or in the presentation given.
**Forward-looking statements: This document may contain forward-looking statements, including but not limited to projections, estimates, forecasts, and opinions. These statements are based on assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. BCCL and/or its affiliates do not undertake any obligation to update these statements in light of new information or future events.**
Disclaimer:
The information contained in this document is for general informational purposes only and does not constitute an offer, solicitation, invitation or recommendation to buy or sell any securities or to provide any investment advice or service of any kind. This document is not directed at, and is not intended for distribution to or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject any of Bond Connect Company Limited ("BCCL") and/or its affiliates to any registration requirement within such jurisdiction or country.
No section or clause in this document may be regarded as creating any obligation on BCCL and/or its affiliates. Rights and obligations with regard to the trading and settlement of any securities effected on the CFETS, including through the Bond Connect, shall be set out solely in the applicable rules of the Entities, as well as the applicable laws, rules and regulations of Mainland of China and Hong Kong in effect from time to time.
Although the information contained in this document is obtained or compiled from sources believed to be reliable, BCCL and/or its affiliates assume no responsibility or liability for any errors, omissions or other inaccuracies in the information or for the consequences thereof. **It should not be used as a substitute for investment, accounting, tax, legal or other professional advice. If you are in any doubt about the contents of this document, you should seek independent professional advice.**BCCL and/or its affiliates assume no responsibility or liability for any cost, expense, loss or damage, directly or indirectly, howsoever caused, of any kind, arising from the use of or reliance upon any information provided in this document, or in the presentation given.
**Forward-looking statements: This document may contain forward-looking statements, including but not limited to projections, estimates, forecasts, and opinions. These statements are based on assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. BCCL and/or its affiliates do not undertake any obligation to update these statements in light of new information or future events.**