/raid1/www/Hosts/bankrupt/TCRAP_Public/211130.mbx        T R O U B L E D   C O M P A N Y   R E P O R T E R

                     A S I A   P A C I F I C

          Tuesday, November 30, 2021, Vol. 24, No. 233

                           Headlines



A U S T R A L I A

AUSTRALIAN ENERGY: Second Creditors' Meeting Set for Dec. 3
KEY CONSTRUCTIONS: First Creditors' Meeting Set for Dec. 7
MJI GROUP: First Creditors' Meeting Set for Dec. 7
NUFARM LIMITED: Fitch Assigns First Time 'BB' IDR, Outlook Stable
NUFARM LIMITED: Moody's Affirms Ba3 CFR & Alters Outlook to Stable



C H I N A

CHINA EVERGRANDE: Unit Gets $200MM From Returning Undeveloped Land
IDEANOMICS INC: Incurs $51.1 Million Net Loss in Third Quarter
SHINSUN HOLDINGS: Fitch Lowers Foreign Currency IDR to 'B-'
[*] CHINA: Developers Face $1.3 Billion in December Bond Payments


I N D I A

AIFAZ COTTON: CARE Lowers Rating on INR12.00cr LT Loan to C
AMAR ALLOYS: CARE Keeps B Debt Rating in Not Cooperating Category
ARTEMIS AUTO: CARE Keeps D Debt Rating in Not Cooperating
BALAJI GINNING: CARE Lowers Rating on INR9.00cr LT Loan to C
BALAJI TRADING: CARE Keeps C Debt Rating in Not Cooperating

BENARA BEARINGS: CARE Lowers Rating on INR47.01cr LT Loan to D
ESS PEE: CARE Lowers Rating on INR4.02cr LT Loan to C
FORTUNE SPIRIT: CARE Keeps D Debt Rating in Not Cooperating
HOLO PACK: CARE Keeps C Debt Ratings in Not Cooperating
HYQUIP SYSTEMS: CARE Keeps D Debt Ratings in Not Cooperating

KANAKASHRI ELECTRICALS: CARE Cuts Rating on INR2.00cr LT Loan to C
MAGADH PRECISION: CARE Keeps D Debt Ratings in Not Cooperating
MAGIC WIRES: CARE Keeps B Debt Rating in Not Cooperating Category
MARUTI ENTERPRISES: CARE Lowers Rating on INR7.25cr LT Loan to C
METRO AGRI-INDUSTRIES: CARE Keeps D Debt Ratings in Not Cooperating

PADMANABHA CASHEW: CARE Lowers Rating on INR5.00cr LT Loan to C
PAWAN AUTOWHEELS: CARE Keeps B- Debt Rating in Not Cooperating
PRAKASH CORPORATES: CARE Lowers Rating on INR8.00cr LT Loan to C
RUDRA CONCEPT: CARE Lowers Rating on INR7.80cr LT Loan to C
SANT AUTOWHEELS: CARE Keeps B- Debt Rating in Not Cooperating

SHIKHAR INTEGRATED: CARE Keeps D Debt Rating in Not Cooperating
SIRIUS INFRAPROJECTS: CARE Keeps D Debt Ratings in Not Cooperating
SOLAR SEWAGE: CARE Assigns B Rating to INR2.0cr Loan
SOMULA CONSTRUCTIONS: CARE Keeps C Debt Rating in Not Cooperating
VASAN HEALTHCARE: NCLAT Extends Time to Complete Insolvency

VINAYAK VIDHYALAYAA: CARE Keeps D Debt Rating in Not Cooperating
VISHAL CONDUIT: CARE Keeps C Debt Rating in Not Cooperating
YOGESH CHOUDHARY: CARE Lowers Rating on INR5.18cr LT Loan to D
YUVA SHAKTHI: CARE Lowers Rating on INR2.95cr LT Loan to B-


N E W   Z E A L A N D

D L B CONSTRUCTION: Creditors' Proofs of Debt Due on Jan. 15
MAVERICK SANDBLASTING: Creditors' Proofs of Debt Due on Dec. 22
VICTORY OFFICES: Court to Hear Wind-Up Petition on Dec. 9


S I N G A P O R E

AUTOVOX PTE: Court Enters Wind-Up Order
EAGLE HOSPITALITY: Ex-Insiders Ordered to Account for PPP Funds
MODERN TRADE: Creditors' Proofs of Debt Due on Dec. 28
THAIOIL MARINE: Creditors' Proofs of Debt Due on Dec. 28
WAREHOUSE@TUAS PTE: Creditors' Proofs of Debt Due on Dec. 27



T H A I L A N D

THAILAND: Insurers Face Huge Losses From Bargain COVID Policies


X X X X X X X X

[*] Airlines That Succumbed to Bankruptcy Due to the Pandemic
[*] BOND PRICING: For the Week Nov. 22, 2021 to Nov. 26, 2021

                           - - - - -


=================
A U S T R A L I A
=================

AUSTRALIAN ENERGY: Second Creditors' Meeting Set for Dec. 3
-----------------------------------------------------------
A second meeting of creditors in the proceedings of Australian
Energy Foundation Ltd has been set for Dec. 3, 2021, at 11:00 a.m.
via virtual meeting technology.

The purpose of the meeting is (1) to receive the report by the
Administrator about the business, property, affairs and financial
circumstances of the Company; and (2) for the creditors of the
Company to resolve whether the Company will execute a deed of
company arrangement, the administration should end, or the Company
be wound up.

Creditors wishing to attend are advised proofs and proxies should
be submitted to the Administrator by Dec. 2, 2021, at 4:00 p.m.

David Coyne of BRI Ferrier was appointed as administrator of
Australian Energy on Oct. 29, 2021.


KEY CONSTRUCTIONS: First Creditors' Meeting Set for Dec. 7
----------------------------------------------------------
A first meeting of the creditors in the proceedings of Key
Constructions Payroll Pty Ltd and Key Services Payroll Pty Ltd  
will be held on Dec. 7, 2021, at 11:00 a.m. via Zoom
videoconferencing and telephone conferencing facilities.

Daniel Frisken of O'Brien Palmer was appointed as administrator of
Key Constructions on Nov. 25, 2021.


MJI GROUP: First Creditors' Meeting Set for Dec. 7
--------------------------------------------------
A first meeting of the creditors in the proceedings of MJI Group
Pty Ltd will be held on Dec. 7, 2021, at 10:00 a.m. via Microsoft
Teams.

Graeme Beattie of Worrells Solvency and Forensic Accountants was
appointed as administrator of MJI Group on Nov. 25, 2021.


NUFARM LIMITED: Fitch Assigns First Time 'BB' IDR, Outlook Stable
-----------------------------------------------------------------
Fitch Ratings has assigned Australia-based Nufarm Limited a
first-time Long-Term Issuer Default Rating (IDR) of 'BB' with a
Stable Outlook.

Nufarm is among the ten largest crop-protection chemical companies
globally, operating in the post-patent segment where product
patents have expired. Nufarm also has a small but fast-growing
global commercial seeds business. The industry has high barriers to
entry and Nufarm's operations provide adequate geographical
diversification. Nufarm's rating also factors in its reliance on
external suppliers for a large majority of raw material needs and a
product portfolio skewed towards herbicides.

Leverage reduced materially in the financial year ended 30
September 2021 (FY21), driven by higher EBITDA on improved weather
conditions, robust prices and cost reduction. Sale of LATAM
businesses in 2020 for AUD1.3 billion also helped reduce debt. Free
cash flow (FCF) also turned positive in FY21, helped by improved
working capital management. Fitch expects Nufarm will maintain
leverage in total debt/EBITDA terms at below 3.5x, or near the
lower-end of its own target range of 1.5x-2.0x.

KEY RATING DRIVERS

Ninth-Largest Market Share: Nufarm has a top-ten market position in
terms of overall crop-protection and seed product sales globally.
The company also has a number two position in Australia, the
leading position in New Zealand and strong positions in segments
such as European cereal herbicides, turf and ornamental crop
protection in the US and phenoxy herbicides globally. Nufarm also
benefits from the sale of products sourced from Japan's Sumitomo
Chemical, the eighth-largest industry player and Nufarm's
single-largest shareholder, under a strategic alliance

Growth-Related Spending Likely: Nufarm's scale remains small
compared with the industry's leading players, with revenue less
than half of those in the top-five positions, although well
positioned within the 'BB' category. The ability to provide a
comprehensive set of product solutions to farmers with the help of
an extensive portfolio is a key competitive advantage, and Fitch
thinks Nufarm is likely to invest in expanding its scale and
product range in the next few years through organic as well as
inorganic means.

Robust Industry Fundamentals: The industry has high barriers to
entry as significant expertise and investment are needed for
registrations, sales and distribution, and manufacturing. The
market is highly regulated and registrations usually take several
years. Crop protection chemicals are characterised by higher R&D
intensity, better profitability and lower price volatility than
commodity chemicals. Industry players also have pricing power,
which lowers risks from foreign-exchange and raw-material cost
swings, although there is often lag in cost pass-through.

Limited Vertical Integration: Nufarm has reduced its manufacturing
footprint in the past couple of years, and reliance on external
purchases has increased. Manufacturers in China contribute a
majority of the company's raw material requirements and supply from
the country has been affected in the past few years by issues such
as a reduced number of suppliers due to stricter enforcement of
environmental regulations.

Raw Material Risks: Fitch expects Nufarm's reliance on external
suppliers in general, and Chinese supply in particular, to remain
in place over the medium term and this presents significant risk of
volatility in raw-material availability and cost. The company has
sought to mitigate risks with the help of long-term agreements,
local procurement teams and established relationships with
suppliers.

Moderate Product and Geographical Diversification: Herbicides,
whose demand is prone to significant impact from dry weather,
contribute two-thirds of Nufarm's revenue. The skew towards
herbicides weakens the diversification of the company's portfolio,
which includes a variety of insecticide, pesticide and seed-related
products.

Nufarm derived 35% of its crop-protection chemical revenue from
North America in FY21, 27% from APAC and 25% from Europe. However,
its geographical diversification is limited by a lack of presence
in LATAM, which is one of the world's largest crop-protection
chemical markets, and significant revenue exposure of over 15% to
the relatively small Australian market.

Improved Financial Profile: Nufarm's total debt/EBITDA leverage,
after Fitch's adjustments, declined to 3.8x in FY21 (FY20: 7.1x)
while net debt/EBITDA decreased to 1.8x (FY20: 3.5x). The
improvement was mainly driven by a 52% jump in reported underlying
EBITDA. The company's FCF was supported by a decline in reported
average net working capital/sales ratio to 34% (FY20: around 45%),
due to better receivable collections and lower inventory levels.

Fitch expects Nufarm to use a portion of its cash balance for debt
reduction and total debt/EBITDA should decline further to 2.8x in
FY22. However, leverage could increase to above 3.0x in the next
few years due to spending on bolt-on acquisitions

DERIVATION SUMMARY

Nufarm is rated two notches below crop-protection chemical industry
peers UPL Corporation Limited (BBB-/Stable), whose rating is based
on the consolidated profile of its parent UPL Limited (UPL), and
the Standalone Credit Profile (SCP) of 'bbb-' of Syngenta AG
(BBB/Stable), whose rating incorporates a one-notch uplift for
parental support. The rating differential between the peers and
Nufarm is on account of its weaker business profile.

UPL is the largest company in the post-patent segment of the crop
protection market, with revenue more than 2x and EBITDA more than
4x that of Nufarm. UPL's higher margins reflect benefits from
better vertical integration, underscored by large manufacturing
operations in India where it gains from low costs. UPL's
geographical diversification is also better on account of it having
operations across most markets, including LATAM, and its product
portfolio is more balanced with no category constituting more than
35% of the total.

Syngenta is the industry leader and an innovator, with a large
portfolio of patented crop-protection chemicals that result in
higher margins compared with Nufarm. Syngenta's better business
profile is supported by its significantly larger scale, with
revenue more than 5x that of Nufarm, healthy product and
geographical diversification, and market leadership across key
segments.

Among broader chemical industry peers, Nufarm is rated similar to
nitrogen fertiliser producer OCI N.V. (BB/Stable). OCI has higher
leverage than Nufarm and the fertiliser industry is more
commoditised with a higher margin volatility than crop-protection
chemicals. However, OCI's credit profile benefits from its top-five
market position and a low-cost asset base, which results in
significantly higher margins compared with Nufarm.

KEY ASSUMPTIONS

Fitch's key assumptions within its rating case for the issuer
include:

-- Revenue CAGR of 4% over FY22-FY25;

-- Average EBITDA margin, after deducting capitalised development
    costs and lease-related expenses, of 9% over FY22-FY25 (FY21:
    8%);

-- Average annual capex, after adjusting for capitalized
    development costs, of around AUD115 million over FY22-FY25;

-- Total spending on acquisitions of around AUD550 million until
    FY25. The valuations for potential acquisitions remain
    uncertain; however, Fitch has factored in the likely earnings
    contribution in Fitch's revenue growth and EBITDA margin
    assumptions.

RATING SENSITIVITIES

Factor that could, individually or collectively, lead to positive
rating action/upgrade:

-- Positive rating action appears unlikely in the next two to
    three years, although Nufarm's rating could be upgraded if
    total debt with equity credit/operating EBITDA leverage is
    sustained below 2.5x, or there is a material improvement in
    its business profile, potentially through better product and
    geographical diversification and/or improved vertical
    integration.

Factors that could, individually or collectively, lead to negative
rating action/downgrade:

-- Total debt with equity credit/operating EBITDA leverage above
    3.5x on a sustained basis;

-- Sustained negative FCF;

-- Evidence of weakening competitiveness and business profile,
    possibly through persistent revenue decline or margin erosion.

BEST/WORST CASE RATING SCENARIO

International scale credit ratings of Non-Financial Corporate
issuers have a best-case rating upgrade scenario (defined as the
99th percentile of rating transitions, measured in a positive
direction) of three notches over a three-year rating horizon; and a
worst-case rating downgrade scenario (defined as the 99th
percentile of rating transitions, measured in a negative direction)
of four notches over three years. The complete span of best- and
worst-case scenario credit ratings for all rating categories ranges
from 'AAA' to 'D'. Best- and worst-case scenario credit ratings are
based on historical performance.

LIQUIDITY AND DEBT STRUCTURE

Adequate Liquidity: Fitch estimates Nufarm's readily available cash
at around AUD560 million as of end-September 2021, lower than the
reported cash and cash equivalents of AUD724 million after
adjustment for working capital seasonality. By comparison, Nufarm's
short-term debt (including adjustment for supplier financing) was
lower at around AUD375 million. Long-term debt comprised almost
entirely of USD475 million senior unsecured notes due in 2026.

Fitch expects Nufarm to use its substantial cash balance to repay a
portion of its debt, aside from seeking growth opportunities from
bolt-on acquisitions. Nufarm's cash balance is likely to decrease,
but Fitch does not expect a material impact on its liquidity
position as short-term debt, which is for working capital, should
be rolled over or refinanced unless operations deteriorate
drastically.

ISSUER PROFILE

Nufarm is among the ten largest crop-protection chemical companies
globally, with revenue of USD2.4 billion in FY21. Originating in
New Zealand in 1916, Nufarm is now present in about 95 countries
across the world and has its headquarters in Australia.

SUMMARY OF FINANCIAL ADJUSTMENTS

Key financial adjustments include:

1) Due to the extension in trade payable days caused by the use of
supplier financing arrangements, 40% of the total outstanding
supplier finance amount (FY21: AUD297 million) is treated as
secured debt and deducted it from trade payables.

2) Off-balance-sheet receivables (FY21: AUD18 million) and deferred
debt establishment costs (FY21: AUD8 million) have been added back
to debt.

3) Nufarm's step-up securities (AUD247 million) have been assigned
100% equity credit. Fitch has assumed permanence of these
subordinated securities, given their relatively low cost and the
flexibility it provides Nufarm of unconstrained coupon deferral on
a non-cumulative basis.

4) A portion of reported cash, equivalent to 5% of full-year
revenue, is treated as restricted to account for intra-year working
capital swings.

5) Additions to capitalised development costs (FY21: AUD76 million)
have been treated as R&D expense and deducted from EBITDA.
Inventory write-down (FY21: AUD17 million) has been added back to
EBITDA.

ESG CONSIDERATIONS

Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. This means ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or the way in which they are being
managed by the entity.


NUFARM LIMITED: Moody's Affirms Ba3 CFR & Alters Outlook to Stable
------------------------------------------------------------------
Moody's Investors Service has affirmed Nufarm Limited's (Nufarm)
corporate family rating of Ba3 and Nufarm Americas Inc.'s and
Nufarm Australia Limited's backed senior unsecured ratings of B1.
Moody's has also changed the outlooks of Nufarm, Nufarm Americas
and Nufarm Australia Limited to stable from negative.

RATINGS RATIONALE

The change in outlook to stable reflects Nufarm's strong operating
performance in the 12 months ended September 2021 and improvement
in financial profile following debt repayment and improvement in
working capital management.

The rating action also considers the impact of Nufarm's publicly
articulated capital management framework, including a net debt to
underlying EBITDA target range of 1.5x-2.0x and the alignment of
its dividend policy to free cash flow.

The framework supports the company's financial strategy and risk
management while preserving its balance sheet strength, which
remains a key component in Moody's governance risk assessment
framework.

Furthermore, Nufarm's leverage -- as measured by Moody's adjusted
debt/EBITDA -- improved to 4.7x in the year ended September 30,
2021 from 7.5x at July 2020, reflecting strong operating conditions
across all segments. Moody's expects Nufarm's credit metrics to
trend within the thresholds set for the rating over the next 12-18
months.

Moody's also expects Nufarm's liquidity position to remain strong.
The company's primary sources of liquidity include the group's cash
balances of AUD724 million and committed undrawn facilities of
around AUD597 million as of September 30, 2021.

The Ba3 rating reflects Nufarm's well-established position in the
off-patent crop protection segment; strategically located
downstream plants, which are close to major customers and sales
areas; and operational and product diversification. The rating also
reflects the company's global scale and solid distribution network,
as well as Moody's expectation of improvement in earnings
performance and free cash flow generation supported by the
company's capital management framework.

The rating is balanced by the variability in the cost of raw
materials, global logistics and supply chain disruptions, as well
as the company's exposure to weather variability and product
commoditization.

The ratings of Nufarm also consider the following environmental,
social and governance (ESG) factors:

Nufarm's ratings reflect elevated environmental risks, with
earnings susceptible to adverse weather conditions. Short-term
revenue and profitability are influenced by climatic conditions
such as drought or excessive rainfall, which can have a significant
impact on demand for crop protection products. Nufarm's geographic
diversification, however, somewhat tempers this risk. Nufarm also
faces environmental risks with issues such as land use, waste
management, water, soil and air pollution caused by large
manufacturing plants and facilities.

Like other chemical producers, Nufarm faces potential reputational
and/or regulatory and legal risks over health and safety concerns
about glyphosate. Glyphosate products comprise around 10% of
Nufarm's products. The company does not manufacture glyphosate,
instead it purchases glyphosate to formulate into glyphosate-based
products, which it distributes. However, there remains a risk of
future litigation against suppliers of glyphosate-based products.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The rating could be upgraded if Nufam's consistently improves its
performance across its businesses, including (1) a sustained
improvement in the quality and predictability of its earnings, (2)
consistent positive cash flow from operations, and (3) reduced
debt-funded working capital swings. Financial metrics that Moody's
would consider for an upgrade include Moody's-adjusted debt/ EBITDA
below 3.5x on a consistent basis.

The rating could be downgraded if Nufarm's earnings and margins
deteriorate such that adjusted debt/EBITDA remains above 4.75x on a
sustained basis, and there is a deterioration in the company's
liquidity position. At the same time, any departure from the
company's current financial policy of operating below 1.5x-2x net
leverage, could also pressure the ratings.

The principal methodology used in these ratings was Chemical
Industry published in March 2019.

Nufarm Limited is a crop protection company that manufactures and
sells a range of crop protection products, including herbicides,
insecticides and fungicides.



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C H I N A
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CHINA EVERGRANDE: Unit Gets $200MM From Returning Undeveloped Land
------------------------------------------------------------------
South China Morning Post reports that China Evergrande New Energy
Vehicle Group returned several undeveloped land plots to the
Chinese government in exchange for CNY1.28 billion (US$200 million)
to alleviate its cash crunch and keep operations afloat.

The proceeds - some which have been confiscated by the government -
will be used to fund construction projects, pay wages to migrant
workers, and pay for any unreturned land parcels, the Hong
Kong-listed company, also known as Evergrande Auto, said in an
exchange filing on Nov. 26, the Post relays.

The returned land, totalling 2.7 million square metres (28 million
square feet), had been designated for seven industrial and
residential property projects, Evergrande Auto said.

According to the report, the funds provide a lifeline to the
carmaker, which has so far unveiled nine EV models, none of which
have progressed to mass production. The company said earlier that
production would begin this month, with delivery slated for next
year.

The Post relates that the survival of Evergrande Auto is also of
significant importance to its cash-strapped parent, China
Evergrande, which is aiming to shift its business focus from
property development to EV manufacturing in 10 years, according to
founder Hui Ka-yan.

Evergrande Auto unveiled a plan earlier this month to raise HK$500
million (US$64.2 million) through new shares to bankroll production
of its EVs under the brand Hengchi, which means "ever running" in
Chinese.  The carmaker, which posted a loss of
CNY4.8 billion in the first half of the year, has filed for
approval for the sales of its SUVs, the Post discloses citing
government data.

Shares of Evergrande Auto fell 7.9 per cent to HK$4.06 on Nov. 26,
extending its decline to 55 per cent so far this year. The stock,
dragged down by the debt crisis of China Evergrande, has vastly
underperformed domestic rivals such as Xpeng and Li Auto.

Meanwhile, Mr. Hui is ramping up efforts to bail out China
Evergrande, which has racked up more than US$300 billion in
liabilities, the Post reports.  The founder sold 1.2 billion
Evergrande shares for HK$2.7 billion on Nov. 25, lowering his stake
from 77 per cent to 68 per cent, according to data from the Hong
Kong stock exchange.

China Evergrande's shares tumbled 10 per cent to HK$2.50 on Nov.
26.  The stock has lost 83 per cent of its value this year, the
report notes.

                       About China Evergrande

China Evergrande Group is an integrated residential property
developer. The Company, through its subsidiaries, operates in
property development, investment, management, finance, internet,
health, culture, and tourism markets.

As reported in the Troubled Company Reporter-Asia Pacific on Sept.
30, 2021, Fitch Ratings has downgraded to 'C' from 'CC', the
Long-Term Foreign-Currency Issuer Default Ratings (IDRs) of Chinese
homebuilder, China Evergrande Group, and its subsidiaries, Hengda
Real Estate Group Co., Ltd and Tianji Holding Limited. Fitch has
affirmed the senior unsecured ratings of Evergrande and Tianji at
'C', with a Recovery Rating of 'RR6', as well as the
Tianji-guaranteed senior unsecured notes issued by Scenery Journey
Limited at 'C', with a Recovery Rating of 'RR6'.

S&P Global Ratings' rating for China Evergrande Group and its
subsidiaries Hengda Real Estate Group Co. Ltd. and Tianji Holding
Ltd. was lowered to 'CC' from 'CCC' last September 15, 2021. S&P
also lowered its long-term issue rating on the U.S. dollar notes
issued by Evergrande and guaranteed by Tianji to 'C' from 'CCC-'.


IDEANOMICS INC: Incurs $51.1 Million Net Loss in Third Quarter
--------------------------------------------------------------
Ideanomics, Inc. filed with the Securities and Exchange Commission
its Quarterly Report on Form 10-Q disclosing a net loss of $51.10
million on $27.05 million of total revenue for the three months
ended Sept. 30, 2021, compared to a net loss of $8.72 million on
$10.62 million of total revenue for the three months ended Sept.
30, 2020.

For the nine months ended Sept. 30, 2021, the Company reported a
net loss of $65.14 million on $87.83 million of total revenue
compared to a net loss of $47.77 million on $15.69 million of total
revenue for the same period during the prior year.

As of Sept. 30, 2021, the Company had $595.88 million in total
assets, $62.01 million in total liabilities, $1.26 million in
convertible redeemable preferred stock, and $532.60 million in
total equity.

As of Sept. 30, 2021, the Company had cash of $256.9 million.
Approximately $30.5 million was held in accounts outside of the
United States, primarily in Hong Kong and the PRC.

A full-text copy of the Form 10-Q is available for free at:

                      https://bit.ly/3D1qzeB

                         About Ideanomics

Ideanomics is a diversified solutions provider for electric
mobility.  The company provides turn-key vehicle, finance and
leasing, and energy management services for commercial fleet
operators.  The Company is headquartered in New York, NY, with
operations in the U.S., China, Ukraine, and Malaysia.

Ideanomics reported a net loss of $106.04 million for the year
ended Dec. 31, 2020, compared to a net loss of $96.83 million for
the year ended Dec. 31, 2019.  As of June 30, 2021, the Company had
$698.05 million in total assets, $145.39 million in total
liabilities, $1.26 million in convertible redeemable preferred
stock, $7.72 million in redeemable non-controlling interest, and
$543.68 million in total equity.


SHINSUN HOLDINGS: Fitch Lowers Foreign Currency IDR to 'B-'
-----------------------------------------------------------
Fitch Ratings has downgraded China-based homebuilder Shinsun
Holdings (Group) Co., Ltd.'s Long-Term Foreign-Currency Issuer
Default Rating (IDR) to 'B-', from 'B'. The Outlook is Negative.
Fitch has removed the ratings from Under Criteria Observation (UCO)
following the publication of its updated Corporate Rating
Criteria.

The downgrade and Negative Outlook reflect Shinsun's limited
funding access amid refinancing needs in the coming 12 months. The
Negative Outlook also takes into consideration volatile sales amid
a slowdown in China's property market. The related weakening in
consumer confidence may lead to further deterioration in the
company's liquidity and cash collection and damage its business
profile.

KEY RATING DRIVERS

Limited Capital Market Access: Fitch expects Shinsun's seemingly
limited access to the onshore and offshore bond markets to persist,
making it challenging to issue or extend onshore and offshore bonds
under current market conditions. Shinsun has offshore US-dollar
bond maturities in the next 12 months; it has a USD292 million
outstanding bond due January 2022 and a USD200 million bond due
June.

The company reported CNY19.4 billion in Fitch-defined available
cash at end-1H21, which was less than the CNY22.2 billion in total
short-term debt at end-June 2021. Fitch believes it has sufficient
funds to repay the January bond, but may face significant liquidity
pressure if it is unable to access the capital market for an
extended period.

Shortening Land-Bank Life: Fitch estimates that Shinsun had 14.5
million square metres of available-for-sale land bank at end-2020,
sufficient for two to three years of sales. It also had CNY33
billion of attributable land acquisitions, which were either fully
consolidated or attributable to joint ventures. Fitch believes
Shinsun has limited financial flexibility to keep its land bank
life stable, as it aims to preserve cash for debt repayment. A
continued inability to acquire land could damage the company's
business profile, as it may not have sufficient land to maintain
sales.

High Non-Bank Borrowings: Shinsun relied on bank loans (38% of
total borrowings), trust and other borrowings (51%) and capital
market debt (11%) for financing as of end-1H21. Fitch believes any
tightening in regulations on trust loans would further affect
Shinsun's financial flexibility.

Large Related-Party Transactions: The large related-party
transactions linked to Shinsun's ultimate shareholder, Mr Guoxiang
Chen, are negative for the company's rating, although the risks are
mitigated by the rules governing Hong Kong-listed companies. A
related party supplies a substantial part of Shinsun's construction
services, which indicates higher counterparty risk than at peers,
as Shinsun is more likely to expedite payments to the related party
if it is in distress. Hence, Fitch deducts the relevant net
payables from adjusted inventory to calculate leverage.

Mr Chen is the founder of Shinsun and Xiangsheng Industrial Group
Co., Ltd., which accounts for 40%-50% of Shinsun's total purchases
each year, mainly construction services provided to Shinsun's
property development segment. Xiangsheng Industrial is 99% owned by
Mr Chen.

ESG - Group Structure: Shinsun has an ESG Relevance Score of '4'
for Group Structure due to its large related-party transactions.
This has a negative impact on the credit profile, and is relevant
to the rating in conjunction with other factors.

ESG - Governance Structure: Shinsun has an ESG Relevance Score of
'4' for Governance Structure, as its shareholding is highly
concentrated in its largest shareholder, who owns a 78.1% equity
stake. This has a negative impact on the credit profile, and is
relevant to the rating in conjunction with other factors.

DERIVATION SUMMARY

Shinsun's business profile is supported by its leading market
position in Zhejiang province and large operating scale. Its 2020
attributable contracted sales were similar to those of some 'BB-'
rated peers, which had CNY60 billion-70 billion in sales. However,
its rating is constrained by deteriorating liquidity and reliance
on non-bank borrowings. Fitch expects the company's business
profile to weaken, as it aims to address upcoming bond maturities
amid limited access to capital market debt.

KEY ASSUMPTIONS

Fitch's key assumptions within its rating case for the issuer
include:

-- Consolidated and attributable contracted sales of CNY65
    billion-70 billion a year during 2021-2022;

-- Cash collection rate at 83%-85% during 2021-2022;

-- Land premium accounting for 50% of sales receipts in 2021 and
    45% in 2022 (2020: 46%);

-- Construction expenditure accounting for 40% of sales receipts
    a year during 2021-2022 (2020: 45%).

RATING SENSITIVITIES

Factor that could, individually or collectively, lead to positive
rating action/upgrade:

-- The Outlook may be revised to Stable if the negative
    sensitivities are not met.

Factors that could, individually or collectively, lead to negative
rating action/downgrade:

-- Deterioration in liquidity and continued interruption to bond
    market access;

-- Sustained weakness in sales and cash collection.

BEST/WORST CASE RATING SCENARIO

International scale credit ratings of Non-Financial Corporate
issuers have a best-case rating upgrade scenario (defined as the
99th percentile of rating transitions, measured in a positive
direction) of three notches over a three-year rating horizon; and a
worst-case rating downgrade scenario (defined as the 99th
percentile of rating transitions, measured in a negative direction)
of four notches over three years. The complete span of best- and
worst-case scenario credit ratings for all rating categories ranges
from 'AAA' to 'D'. Best- and worst-case scenario credit ratings are
based on historical performance.

LIQUIDITY AND DEBT STRUCTURE

Weak Liquidity: Shinsun reported CNY19.4 billion in unrestricted
cash at end-June 2021, equivalent to 0.9x of total short-term debt.
Fitch believes a proportion of the reported unrestricted cash is
needed for normal operation and may not be immediately available
for the holding company to repay debt, although the company also
reported CNY7.9 billion in restricted cash, which includes cash
pledged to repay project loans. Fitch believes Shinsun's liquidity
could deteriorate, as the company has large upcoming maturities
amid limited access to capital market debt; 62% of its short-term
borrowings at end-June 2021 were non-bank borrowings, including
bonds of USD292 million due in January 2022 and USD200 million in
June 2022.

ISSUER PROFILE

Shinsun is a property developer focused on China's Zhejiang
province and Yangtze River Delta region. It ranked among the top-40
property developers by sales value in 2020, according to China Real
Estate Information Corporation and China Real Estate Index System,
two top Chinese property data providers. The company is listed on
the Hong Kong stock exchange.

SUMMARY OF FINANCIAL ADJUSTMENTS

Fitch's calculation of net property assets includes: properties
under development, completed properties for sale, investment
properties, land and buildings, investment in joint ventures and
associates, the amount due from joint ventures and associates,
project-related restricted cash, less contract liabilities adjusted
by the gross profit margin, payables and the amount due to joint
ventures and associates. Fitch includes the guarantee to joint
ventures and associates and related parties in net debt and net
property assets.

ESG CONSIDERATIONS

Shinsun has an ESG Relevance Score of '4' for Group Structure, due
to large related-party transactions, and an ESG Relevance Score of
'4' for Governance Structure, as its shareholding is highly
concentrated in one shareholder, who owns a 78% equity stake. This
has a negative impact on the credit profile, and is relevant to the
rating in conjunction with other factors.

Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. This means ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or the way in which they are being
managed by the entity.


[*] CHINA: Developers Face $1.3 Billion in December Bond Payments
-----------------------------------------------------------------
Bloomberg News reports that China's stressed developers face nearly
$1.3 billion of bond payments in December, after a month in which
investor sentiment toward the property sector showed signs of
stabilizing despite fresh signs of liquidity pressure.

The total was $2 billion in November, and there have been no
defaults reported according to Bloomberg-compiled data as of Nov.
26, after multiple instances in October.

Still, investor scrutiny persists regarding principal and interest
payments as a cash crunch engulfs the real estate industry, the
report says.

Center stage is China Evergrande Group and Kaisa Group Holdings
Ltd., two of the country's biggest dollar-bond issuers.  An
Evergrande unit and Kaisa have grace periods ending by mid-December
on a combined $170.9 million of coupons.

November saw yields on a Bloomberg gauge of riskier notes surge to
a record 24.6% early in the month before pulling back, amid signals
that softer policies are on the way for property firms. But at
around 20%, yields remain too high for most builders that need to
refinance imminently maturing debt.

Meanwhile, billionaire owners of Chinese developers have dipped
into their own pockets and a reported plan to loosen controls for
builders issuing local-currency bonds is likely to benefit only
higher-quality firms, analysts said, Bloomberg adds.




=========
I N D I A
=========

AIFAZ COTTON: CARE Lowers Rating on INR12.00cr LT Loan to C
-----------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of
Aifaz Cotton Processors (ACP), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       12.00      CARE C; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   To remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B; Stable

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 13, 2020, placed
the rating(s) of ACP under the 'issuer non-cooperating' category as
ACP had failed to provide information for monitoring of the rating
and had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. ACP continues to be
noncooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 29, 2021, October 9, 2021, October 19, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating.

The rating assigned to the bank facilities of ACP has been revised
on account of non-availability of requisite information to carryout
review.

Aifaz Cotton Processors (ACP) was incorporated as a proprietorship
firm in the year 2008. The firm is engaged in the business of
cotton ginning & pressing and trading of cotton, seeds, oil process
at Wane, Yavatmal District.


AMAR ALLOYS: CARE Keeps B Debt Rating in Not Cooperating Category
-----------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Amar Alloys
Private Limited (AAPL) continues to remain in the 'Issuer Not
Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank      10.00       CARE B; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   To remain under ISSUER NOT
                                   COOPERATING category  

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 13, 2020, placed
the rating(s) of AAPL under the 'issuer non-cooperating' category
as AAPL had failed to provide information for monitoring of the
rating and had not paid the surveillance fees for the rating
exercise as agreed to in its Rating Agreement. AAPL continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 29, 2021, October 9, 2021, October 19, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating.

Amar Alloys Private Limited (AAP) was incorporated as a private
limited company in August 1989 and was engaged in the manufacturing
of TMT bars. However, in 1997, the company changed its nature of
business. AAP is currently being managed by Mr. Rakesh Kumar and
Mr. Brij Bhushan as its directors namely. From 1997 onwards, the
company is engaged in the processing of wheat and sale of its
by-products under the name of "Amar Roller Flour Mills" at its
manufacturing facility located in Panchkula, Haryana with an
installed capacity of processing 54000 metric tonne of wheat per
annum as on June 30, 2018.


ARTEMIS AUTO: CARE Keeps D Debt Rating in Not Cooperating
---------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Artemis
Auto India Private Limited (AAIPL) continues to remain in the
'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       14.50      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated October 30, 2020, placed the
rating(s) of AAIPL under the 'issuer non-cooperating' category as
AAIPL had failed to provide information for monitoring of the
rating and had not paid the surveillance fees for the rating
exercise as agreed to in its Rating Agreement. AAIPL continues to
be noncooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 15, 2021, September 25, 2021, and October 05, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Artemis Auto India Private Limited (AIPL) is engaged in the
dealership of passenger cars of Volvo Auto India Private Limited
(VAIL) such as S60, V40, VC60, and VC90, etc., spare parts &
accessories and servicing of vehicles. AIPL was incorporated in
2010 by Mrs. B. Umamaheswari, Managing Director and Mrs. Nrithya
Sivaganesh, Director and Mr.B. Sivaganesh.


BALAJI GINNING: CARE Lowers Rating on INR9.00cr LT Loan to C
------------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of
Balaji Ginning and Pressing (BGP), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       9.00       CARE C; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   To remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B-; Stable

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 13, 2020, placed
the rating(s) of BGP under the 'issuer non-cooperating' category as
BGP had failed to provide information for monitoring of the rating
and had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. BGP continues to be
noncooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 29, 2021, October 9, 2021, October 19, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating.

The rating assigned to the bank facilities of BGP has been revised
on account of non-availability of requisite information to carryout
review.

BGP was established as a partnership concern in the year 2001. The
firm is engaged in ginning and pressing of cotton and extraction of
oil from cotton seed along with trading of cotton bales and cotton
seeds. The ginning and pressing unit and oil extraction unit is
located at Yavatmal, Maharashtra.

BALAJI TRADING: CARE Keeps C Debt Rating in Not Cooperating
-----------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Sri Balaji
Trading Corporation (SBTC) continues to remain in the 'Issuer Not
Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       6.00       CARE C; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 2, 2020, placed the
rating(s) of SBTC under the 'issuer non-cooperating' category as
SBTC had failed to provide information for monitoring of the rating
and had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. SBTC continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 18, 2021, September 28, 2021, and October 08, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Sri Balaji Trading Corporation (SBTC) was promoted by Mrs. Potluri
Sitaratnam in year 2011 as a sole proprietorship firm. SBTC is
engaged in trading of cotton lint and cotton yarn. The firm
primarily supplies cotton lint to one of its group companies;
Vantage Spinners Private Limited (VSPL) which is engaged in
manufacturing of cotton yarn and has an installed capacity of
31,500 spindles and also to other spinning units located in Krishna
District, Andhra Pradesh.

BENARA BEARINGS: CARE Lowers Rating on INR47.01cr LT Loan to D
--------------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of
Benara Bearings and Pistons Limited (BBPL), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       47.01      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category and Revised from
                                   CARE B+; Stable

   Short Term Bank       2.99      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category and Revised from
                                   CARE A4

Detailed Rationale and key rating drivers

CARE had, vide its press release dated April 26, 2021, placed the
rating(s) of BBPL under the 'issuer non-cooperating' category as
BBPL had failed to provide information for monitoring of the rating
for the rating exercise as agreed to in its rating agreement. BBPL
continues to be non-cooperative despite repeated request for
submission of information through e-mail, phone calls and email
dated November 17, 2021.In line with the extant SEBI guidelines,
CARE has reviewed the ratings on the basis of the best available
information which however, in CARE's opinion is not sufficient to
arrive at a fair rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

The ratings have been revised on account of stressed liquidity
position leading to delays in repayment of its debt obligations to
banks/ financial institutions.

Detailed description of the key rating drivers

Key Rating Weaknesses

* Delays in debt servicing: There are delays in servicing of its
debt obligations due to stressed liquidity position of the company
and the account has been classified as NPA by banks/financial
institutions.

Benara Bearings & Pistons Ltd (BBPL), incorporated in 1970 by Mr.
Panna Lal Jain, manufactures aftermarket automotive parts and has 2
units in Agra, Uttar Pradesh which manufactures engine bearings &
bushes for stationary marine engines, pistons, pins, piston rings,
engine bearing and bushes for all applications. Furthermore, the
company is involved in the marketing of products like ball bearing,
spark plugs, rocker arms, timing chains etc. On March 22, 2018, the
company raised Rs 33.49 cr. through IPO proceeds and got listed on
NSE SME and BSE Exchange.


ESS PEE: CARE Lowers Rating on INR4.02cr LT Loan to C
-----------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of ESS
PEE Industrial Corporation (EPIC), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       4.02       CARE C; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category and Revised from
                                   CARE B-

   Long Term/           3.45       CARE C/CARE A4; ISSUER NOT
   Short Term                      COOPERATING; Rating continues
   Bank Facilities                 to remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B-/CARE A4

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 9, 2020, placed the
rating(s) of EPIC under the 'issuer non-cooperating' category as
EPIC had failed to provide information for monitoring of the rating
and had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. EPIC continues to be
noncooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 25, 2021, October 5, 2021, October 15, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

The rating has been revised on account of non-availability of
requisite information.

Ess Pee Industrial Corporation (EPIC) was established in 1992 as a
partnership firm and is currently being managed by Mr. Pankaj Shoor
and Mr. Rahul Shoor. The firm is engaged in manufacturing of hand
tools which includes mainly spanners, wrenches and builder hardware
at its manufacturing facility located at Jalandhar, Punjab with
combined installed capacity of 1.80 crore units per annum. Main raw
material for manufacturing process is steel and iron rod. EPIC
procures steel and iron rods from suppliers across India and also
from local market. The firm is export-oriented unit and sells its
products directly to foreign countries mainly United Kingdom,
U.A.E, European countries and U.S.A (export sales 89% in FY15).


FORTUNE SPIRIT: CARE Keeps D Debt Rating in Not Cooperating
-----------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Fortune
Spirit Limited (FSL) continues to remain in the 'Issuer Not
Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       15.00      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 5, 2020, placed the
rating(s) of FSL under the 'issuer non-cooperating' category as FSL
had failed to provide information for monitoring of the rating and
had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. FSL continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 21, 2021, October 1, 2021, October 11, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Fortune Spirit Limited (FSL) was incorporated in 2007 by Mr. Deepak
Kumar Sahu (Chairman) and his brother Mr. Rajesh Kumar Sahu (MD).
Both of them are having an experience of more than two decades.
They are supported by Mr. Ayush Sahu (son of Mr. Deepak Kumar
Sahu). The Company is engaged in bottling and manufacturing of
India Made Foreign Liquor (IMFL) with installed capacity of
4,50,000 cases per annum at Gopalpur, Odisha.

HOLO PACK: CARE Keeps C Debt Ratings in Not Cooperating
-------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Holo Pack
Securities (HPS) continues to remain in the 'Issuer Not
Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       5.50       CARE C; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   To remain under ISSUER NOT
                                   COOPERATING category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 17, 2020, placed
the rating(s) of HPS under the 'issuer non-cooperating' category as
HPS had failed to provide information for monitoring of the rating
and had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. HPS continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
October 03, 2021, October 13, 2021, October 23, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Holo Pack Securities was established in the year 2015 and
operations were commenced from January 2017. HPS is promoted by
Mrs. M.Goda Devi along with her daughter Ms. M.Ramya Lakshmi at G
Kondur Mandal, Krishna District (Andhra Pradesh). The firm is
engaged in manufacturing of flexible packaging materials along with
secured printing. The firm purchases raw materials like polyester,
LDPE (Low-density polyethylene), aluminium foils, adhesives and
solvents among others from local suppliers. The clientele of the
firm covers Andhra Pradesh and Telangana like Virat Crane
Industries Limited, PVS Laboratories Limited and KCP Sugar
Industries among others. The firm has installed capacity of 2400
tons per annum.


HYQUIP SYSTEMS: CARE Keeps D Debt Ratings in Not Cooperating
------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Hyquip
Systems Limited (HSL) continues to remain in the 'Issuer Not
Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       5.38       CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

   Short Term Bank     27.00       CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category
  
Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 3, 2020, placed the
rating(s) of HSL under the 'issuer non-cooperating' category as HSL
had failed to provide information for monitoring of the rating and
had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. HSL continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 19, 2021, September 29, 2021, October 9, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

HSL was incorporated in 1984, and it is the flagship company of the
Hyderabad-based Hyquip group. HSL is primarily engaged in the
designing and manufacturing of material handling system and also
has interests in flow control equipment and industrial automation.
Mr K B K Reddy, the founder promoter of the Hyquip group has well
over three decades of experience in the material handling equipment
industry. In FY19, HSL had a Profit after Tax (PAT) of INR0.07
crore on a total operating income of INR25.71 crore as against PAT
of INR0.06 crore and total operating income of INR13.89 crore in
FY18 respectively.


KANAKASHRI ELECTRICALS: CARE Cuts Rating on INR2.00cr LT Loan to C
------------------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of
Kanakashri Electricals (KE), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       2.00       CARE C; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   To remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B; Stable

   Short Term Bank      4.00       CARE A4; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 13, 2020, placed
the rating(s) of KE under the 'issuer non-cooperating' category as
KE had failed to provide information for monitoring of the rating
and had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. KE continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 29, 2021, October 9, 2021 and October 19, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

The ratings assigned to the bank facilities of KE have been revised
on account of non-availability of requisite information.

Kanakashri Electricals (KE) was established in the year 2010 as a
proprietorship firm by Mr. Arjun Ningappa Sannakki with commercial
operations starting from the year 2011. KE has its registered
office located at Gokak Belgum and is an (EPC) contractor; is
engaged in erection of electricity poles and sub stations (220-520
Volts). The firm procuress its work orders through online tender
system from HESCOM (Hubli Electricity Supply Company) only and has
present order book of INR 125 crore to be executed by 2018. The
firm purchases the key raw materials like steels, angles, poles,
cables, transformers etc form Gayatri Mata Industries, Anand
Transmission Product Private Limited, Deco steel industry etc.


MAGADH PRECISION: CARE Keeps D Debt Ratings in Not Cooperating
--------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Magadh
Precision Equipment Limited (MPEL) continues to remain in the
'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term/          35.00       CARE D/CARE D; ISSUER NOT
   Short Term                      COOPERATING; Rating continues
   Bank Facilities                 to remain under ISSUER NOT
                                   COOPERATING category

   Short Term Bank     10.00       CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category
  
Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 4, 2020, placed the
rating(s) of MPEL under the 'issuer non-cooperating' category as
MPEL had failed to provide information for monitoring of the rating
and had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. MPEL continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 20, 2021, September 30, 2021, October 10, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Dewas-based (Madhya Pradesh), MPEL was incorporated in July 1986 as
a public limited company formerly known as "Magadh Steel
Industries" primarily promoted by Mr. Girja Nand Sharma, Mr.
Krishna Kant Kumar and Ms. Meera Sharma. MPEL is engaged in
manufacturing of capital equipment for metal processing industry
which includes manufacturing of hot and cold rolling mill machines,
slitting lines, galvanizing lines. The manufacturing unit situated
at Dewas, Madhya Pradesh which is spread over 12000 Sq. Meters
area. MPEL executes both domestic as well as export orders received
mostly from China, Bangladesh, USA, Japan, Tanzania and Dubai.


MAGIC WIRES: CARE Keeps B Debt Rating in Not Cooperating Category
-----------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Magic Wires
Private Limited (MWPL) continues to remain in the 'Issuer Not
Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank      15.00       CARE B; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 18, 2020, placed
the rating(s) of MWPL under the 'issuer non-cooperating' category
as MWPL had failed to provide information for monitoring of the
rating and had not paid the surveillance fees for the rating
exercise as agreed to in its Rating Agreement. MWPL continues to be
noncooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
October 4, 2021, October 14, 2021, October 24, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

The ratings have been revised on account of non-availability of
requisite information.

Delhi-based Magic Wires Private Limited (MWPL) was incorporated in
June 2007 as a private limited. MWPL is promoted by Mr Lokesh Kumar
Gupta and Mrs Santosh Gupta. MWPL is engaged in drawing of wires
such as GI wire, HB wire, HHB wire and S.S wire from its unit
located in Roorkee (Uttarakhand). These wires find its application
in fastener, wire mesh and wire ropes. MWPL procures the key raw
material i.e. steel rods domestically from companies like JSW Steel
Limited, Jindal Steel Jaipur. MWPL mainly sells its products
domestically to wholesalers and traders.

MARUTI ENTERPRISES: CARE Lowers Rating on INR7.25cr LT Loan to C
----------------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of
Maruti Enterprises (Hajipur) (ME), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       7.25       CARE C; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   To remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B-; Stable

   Short Term           6.00       CARE A4; ISSUER NOT
   Bank Facilities                 COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category
  
Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated December 1, 2020, placed the
rating(s) of ME under the 'issuer non-cooperating' category as ME
had failed to provide information for monitoring of the rating and
had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. ME continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
October 17, 2021, October 27, 2021, November 6, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

The ratings assigned to the bank facilities of ME have been revised
on account of non-availability of requisite information.

Maruti Enterprises (ME) was established in 1986 as a partnership
firm. Currently the firm is managed by four partners namely, Mrs.
Vinita Sinha, Mr. Niket Kumar Sinha, Mr. Abhishek Kumar and Mr.
Amit Kumar. The registered office of the firm is situated at
Vaishali, Bihar. Since its inception, the firm has been engaged in
civil construction business in the segments like construction of
road, bridges etc. The firm procures orders through tender and
executes orders floated by the various Govt. entities.


METRO AGRI-INDUSTRIES: CARE Keeps D Debt Ratings in Not Cooperating
-------------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Metro
AgrI-Industries Limited (MAL) continues to remain in the 'Issuer
Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       13.84      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

   Long Term/            2.66      CARE D/CARE D; ISSUER NOT
   Short Term                      COOPERATING; Rating continues
   Bank Facilities                 to remain under ISSUER NOT
                                   COOPERATING category
  
Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated October 29, 2020, placed the
rating(s) of MAL under the 'issuer non-cooperating' category as MAL
had failed to provide information for monitoring of the rating and
had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. MAL continues to be
noncooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 14, 2021, September 24, 2021, October 04, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Metro Agri-Industries Limited (MAIL) was incorporated in 2011 by
Mr. Vijay Garg, Mr. Himank Garg and Mrs. Ankita Garg as a limited
company. The company started its production in November 2013 and is
engaged in the business of basmati rice milling and processing of
rice which is sold in the export and domestic markets. The
processing facility is at Tehsil Israna Karnal district in Panipat
(Haryana) with an installed capacity of ~28,800 metric tonnes per
annum (MTPA) as of March 31, 2015.


PADMANABHA CASHEW: CARE Lowers Rating on INR5.00cr LT Loan to C
---------------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of Sree
Padmanabha Cashew (SPC), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       5.00       CARE C; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   To remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B-; Stable

   Short Term Bank      0.50       CARE A4; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category
  
Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 10, 2020, placed
the rating(s) of SPC under the 'issuer non-cooperating' category as
SPC had failed to provide information for monitoring of the rating
and had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. SPC continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 26, 2021, October 6, 2021 and October 16, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

The ratings assigned to the bank facilities of SPC have been
revised on account of non-availability of requisite information

Sree Padmanabha Cashew (SPC) was established on May 23, 2013 by Ms.
O.A. Anithakumari in Kannumamoodu, Kanyakumari, Tamil Nadu. The
firm is engaged in manufacturing of cashew nuts. The installed
capacity of SPC stood at approx. 16 tonnes per month with
utilization capacity of 86% as of August 7, 2017.

PAWAN AUTOWHEELS: CARE Keeps B- Debt Rating in Not Cooperating
--------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Pawan
Autowheels Private Limited (PAPL) continues to remain in the
'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       11.15      CARE B-; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 18, 2020, placed
the rating(s) of PAPL under the 'issuer non-cooperating' category
as PAPL had failed to provide information for monitoring of the
rating and had not paid the surveillance fees for the rating
exercise as agreed to in its Rating Agreement. PAPL continues to be
noncooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
October 4, 2021, October 14, 2021, October 24, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Ghaziabad-based (Uttar Pradesh), PAPL incorporated in March 2009 by
Mr Ashok Kumar Garg and Mr Shobhit Garg and commenced its
commercial operations from April 2011. PAPL has an authorized
dealership of Hyundai Motors India Ltd (HMIL). It is operating as
3S facility 'Sales, spares and service'. Suman Autos is an
associate concern of PAPL; it is an authorized dealer of Bajaj Auto
Limited.

PRAKASH CORPORATES: CARE Lowers Rating on INR8.00cr LT Loan to C
----------------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of
Prakash Corporates (PC), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       8.00       CARE C; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   To remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B-; Stable

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 19, 2020, placed
the rating(s) of PC under the 'issuer non-cooperating' category as
PC had failed to provide information for monitoring of the rating
and had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. PC continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
October 5, 2021, October 15, 2021, October 25, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

The ratings assigned to the bank facilities of PC have been revised
on account of non-availability of requisite information.

Prakash Corporates (PC) was set up as a partnership firm in January
2017 by the Goyal family of Raipur, Chhattisgarh. The firm has been
engaged in trading of construction materials like steels, cements
etc. and civil construction activities. The firm has commenced
operations from March 1, 2017 onwards.


RUDRA CONCEPT: CARE Lowers Rating on INR7.80cr LT Loan to C
-----------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of
Rudra Concept Speciality Constructions LLP (RCSCL), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       7.80       CARE C; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   To remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B-; Stable

   Long Term/           0.20       CARE C; Stable/CARE A4;
   Short Term                      ISSUER NOT COOPERATING;
   Bank Facilities                 Rating continues to remain
                                   Under ISSUER NOT COOPERATING
                                   category and Revised from
                                   CARE B-; Stable/CARE A4

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 05, 2020, placed
the rating(s) of RCSCL under the 'issuer non-cooperating' category
as RCSCL had failed to provide information for monitoring of the
rating and had not paid the surveillance fees for the rating
exercise as agreed to in its Rating Agreement. RCSCL continues to
be non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 21, 2021, October 1, 2021, October 11, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

The ratings assigned to the bank facilities of RCSCL have been
revised on account of non-availability of requisite information.

The rating also factors in an increase in net loss during FY20.

Uttar Pradesh Based Rudra Concept Speciality Constructions LLP was
established on October 20, 2016 as a partnership firm and will
commence its operations from August- September 2019. It is
currently promoted and managed by 8 partners. The firm plans to
start operations in construction of warehouses for storage of a
variety of products ranging from food and agriculture products to
apparels and other FMCG products and has currently entered into a
lease agreement with Future Supply Chain Limited for constructing a
built-to-suit warehouse structure to the Future Retail outlets
located in Varanasi, U.P.


SANT AUTOWHEELS: CARE Keeps B- Debt Rating in Not Cooperating
-------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Sant
Autowheels Private Limited (SAPL) continues to remain in the
'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank        5.80      CARE B-; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 24, 2020, placed
the rating(s) of SAPL under the 'issuer non-cooperating' category
as SAPL had failed to provide information for monitoring of the
rating and had not paid the surveillance fees for the rating
exercise as agreed to in its Rating Agreement. SAPL continues to be
noncooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
October 10, 2021, October 20, 2021 and October 30, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Sant Autowheels Private Limited (SAPL) was incorporated in 2005 and
promoted by Mr Ajay Kakkar along with his brother Mr Ganesh Kakkar
and mother Ms Chanchal Kakkar. SAPL is having authorized dealership
of entire range of passenger vehicles of Hyundai Motors India
Limited (HMIL). SAPL operates a 3S facility (Sales Spares, Service)
and has its showroom located on NH20, Kangra, Himachal Pradesh,
catering to the area of in and around the region like Kangra,
Palampur and Noorpur. Some of the models sold by SAPL are Accent,
Elantra, Eon, Santro, Getz, i10, Grand i10, i20, Verna etc. SAPL
has two group concerns namely 'Sant Autozone Private Limited' and
'Sant & Brothers petrol stations'.

SHIKHAR INTEGRATED: CARE Keeps D Debt Rating in Not Cooperating
---------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Shikhar
Integrated Cold Chain Private Limited (SICCPL) continues to remain
in the 'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       17.00      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 10, 2020, placed
the rating(s) of SICCPL under the 'issuer non-cooperating' category
as SICCPL had failed to provide information for monitoring of the
rating and had not paid the surveillance fees for the rating
exercise as agreed to in its Rating Agreement. SICCPL continues to
be non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 26, 2021, October 6, 2021, October 16, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Hathras (Uttar Pradesh) based Shikhar Integrated Cold Chain Private
Limited (SCPL) is a private limited company incorporated in 2012
and is promoted by Mr. Y.P. Singh, Mr. Amlesh Singh and Mr. Ashish
Singh. SICPL is engaged in procurement, cold storage and
distribution of agricultural products such as lemon, ginger,
carrot, pomegranate and apple.


SIRIUS INFRAPROJECTS: CARE Keeps D Debt Ratings in Not Cooperating
------------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Sirius
Infraprojects Private Limited (SIPL) continues to remain in the
'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank        4.00      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

   Short Term Bank       5.00      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 10, 2020, placed
the rating(s) of SIPL under the 'issuer non-cooperating' category
as SIPL had failed to provide information for monitoring of the
rating and had not paid the surveillance fees for the rating
exercise as agreed to in its Rating Agreement. SIPL continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 26, 2021, October 6, 2021, October 16, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Incorporated in 2008, Hyderabad-based, SIPL was promoted by Mr. B.
Narsimha Reddy and Mr. Rajeev Mayor. The company is engaged in
civil construction works such as laying of roads and irrigation
works for government organizations covering the states of Madhya
Pradesh and Odisha. Till March 2011, the company used to work as
subcontractor for Patel Engineering Limited and KNR Constructions
Limited, whereas from April 2012 onwards the company started
participating in tenders and executing the projects directly for
the government. The company has executed around INR12.98crore for
MPRDCL (Road Work) during FY13.


SOLAR SEWAGE: CARE Assigns B Rating to INR2.0cr Loan
----------------------------------------------------
CARE Ratings has assigned rating to the bank facilities of Solar
Sewage Basic Infrastructure Private Limited (SSBIPL), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long term/           2.00       CARE B; Stable/CARE A4
   short term                      Assigned
   bank facilities
   fund based/
   Non fund based       

Detailed Rationale & Key Rating Drivers

The ratings assigned to bank facilities of SSBIPL are constrained
by very small scale of operations with low profitability and net
worth, modest order book position, working capital intensive
operations, and tender based nature of business leading to limited
revenue visibility.  The ratings, however, derive strength from
experienced promoters with moderate presence of 5-10 years in
sewage equipment and water treatment design and installation
business.

Rating Sensitivities

Positive factors:
* Increase in scale of operations above INR25 crore with PBILDT
margin at 30% on sustained basis

* Improvement in receivables below 180 days

Negative factors:

* Decrease in scale of operations below INR0.5 crore along with
PBILDT margin below 12%

* Increase in receivables above 360 days

Detailed description of the key rating drivers

Key Rating Weaknesses

* Small scale of operations and tender based operations: SSBIPL is
operational since 2011, however, scale of operations is small as
reflected in revenue of INR1.01 crore in FY21. Around 90% of
company's business is tender based. The company bids for design and
installation of sewage and water treatment equipment's tenders
issued by various state governments and PSU's. Revenue and
profitability entirely depend on the company's ability to win
tenders. Intense competition further requires entities to bid
aggressively to get contracts, and thus restricts the operating
margin. Amidst cyclicality inherent in the construction industry,
ability to maintain profitability through operating efficiency
remains critical. The company has availed cash credit facility
amounting INR1.20 crore from State Bank of India in July, 2021.
With availability of much needed liquidity the company will be now
able to bid for high value tenders. During H1FY22, the company has
bided for various tenders floated by Govt./PSU's totalling INR300
crore. The success rate is 15%. The company is expecting to receive
contract amounting 25-50 crore in FY22. The company plans to fund
the same through bank borrowings (40%) and USL from related parties
(60%). As a result, the scale of operations will improve over
medium term.  The company has recorded revenue of INR2.75 crore and
PBILDT margin stood at 20% in H1FY22.

* Weak financial risk profile: The company's financial risk profile
is weak with small networth of INR0.27 crore as on March 31, 2021
and high gearing of 2.36 times as on March 31, 2021. Debt
protection measures have also been moderate due to low cash
accruals. The company has availed cash credit facility amounting
INR1.20 crore from State Bank of India in July, 2021.

* Working-capital-intensive operations: The operations are working
capital intensive on account of tender based nature of business.
The company receives payment from clients after successful
installation of sewage/water treatment equipment. Hence,
receivables period is high. The company's receivables period ranged
between 240-300 days.

Key Rating Strengths

* Experienced promoters: The promoters experience of over a decade
in the water equipment and sewage equipment installation business,
their strong understanding of market dynamics and healthy
relationships with suppliers and customers, will continue to
support the business risk profile.

Liquidity: Weak

The liquidity profile is weak with modest cash accruals and long
operating cycle on account of stretched receivables period. The
company availed fund based working capital limit from State Bank of
India amounting INR1.20 crore in July, 2021. The average
utilisation of fund based limits for past three months ranges
between 30-40% ending September 30, 2021 thereby providing
additional working capital cushion.

Solar Sewage Basic Infrastructure Private Limited (SSBIPL) was
incorporated as a private limited company in the year 2011 and
promoted by Mr. Indrajit Simlai and Mr. Baishakhi Simlai. The
company's commercial operations started in 2017. The company is
presently engaged in design and installation of sewage treatment
and water treatment plant. The company bids for tenders floated by
various state governments and Govt controlled public sector
companies. The company uses project completion method for revenue
booking. The company bids for 8-10 tenders in a year and success
rate is around 15%. The average tenure of project ranges between 8
months to 36 months. As per management, there were no instances of
delay in project or time and cost overrun since inception. The
company procures the sewage/water treatment equipment and installs
the same at client's location. The company also provides AMC
services post installation of equipment. Designing and installation
of equipment accounts for 90% of revenue and balance comes from AMC
services.

SOMULA CONSTRUCTIONS: CARE Keeps C Debt Rating in Not Cooperating
-----------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Somula
Constructions Private Limited (SCPL) continues to remain in the
'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       7.50       CARE C; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   To remain under ISSUER NOT
                                   COOPERATING category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 10, 2020, placed
the rating(s) of SCPL under the 'issuer non-cooperating' category
as SCPL had failed to provide information for monitoring of the
rating and had not paid the surveillance fees for the rating
exercise as agreed to in its Rating Agreement. SCPL continues to be
noncooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 26, 2021, October 6, 2021, October 16, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Somula Construction Private Limited (SCPL) was incorporated by Mr
Somula Venkata Prasad Reddy (Managing Director) and his wife Mrs
Venkata Subbalakshmi Somula in the year 2008 as a Private Limited
company. SCPL is a Kurnool-based company engaged in civil
construction works such as laying roads and irrigation works for
government organizations covering Road & Buildings Department (R&B)
and Panchayat Raj which are procured through tenders. The company
is a Class– I contractor. Besides civil construction works, the
company is also engaged in trading of coal and steel in Andhra
Pradesh region. The company generates around 60% of its total
revenues from trading activities and balance 40% from execution of
civil construction works.


VASAN HEALTHCARE: NCLAT Extends Time to Complete Insolvency
-----------------------------------------------------------
The Daily Excelsior reports that the National Company Law Appellate
Tribunal (NCLAT) has granted more time until November 30 for
completing the insolvency resolution process for Vasan Healthcare
and set aside an NCLT order, saying the timeline could be extended
in view of exceptional circumstances and save the company from
liquidation.

A two-member Chennai Bench of the appellate tribunal has also
excluded the time spent in filing appeals – from August 18 to
November 25 – before it, the report says.

"This tribunal is of the view that Corporate Debtor (Vasan
Healthcare) cannot be pushed into liquidation," said NCLAT.

On August 3 this year, the Chennai Bench of National Company Law
Tribunal (NCLT) had declined the plea of Resolution Professional of
Vasan Healthcare seeking time till November 30 for completing the
resolution process and extended it only till August 22, 2021, the
report recalls.  This was challenged by RP and the Committee of
Creditors(CoC) before NCLAT.

Three resolution applicants (bidders) for Vasan Healthcare – Max
Vision Eye Hospital, ASG Hospital and Dr Agarwal's Health Care have
also approached NCLAT, the report relates.

Daily Excelsior says NCLAT, in its judgment, observed that Vasan
Healthcare's resolution process has faced exceptional circumstances
such as pendency of judicial proceedings before courts, imposition
of nationwide lockdown, change of RP, calling fresh Expression of
Interest and the nature of business of the corporate debtor which
admittedly is spread over many parts of the country.

"The appellants have made out a prima facie case praying this Bench
to extend the time for completing the Corporate Insolvency
Resolution Process till November 30, 2021, as prayed in . . . filed
by the Resolution Professional before the Adjudicating Authority
(NCLT)," the appellate tribunal, as cited by Daily Excelsior,
said.

It further said:"The reliefs sought in . . . filed by RP of the
Corporate Debtor before the Adjudicating Authority, Chennai Bench
is hereby allowed by setting aside the order of the Adjudicating
Authority dated 03.08.2021."

Daily Excelsior relates that NCLAT further said it has come to a
resultant conclusion based on the facts and keeping in view the
exceptional circumstances.

Viewing in that perspective and to avoid liquidation as a last
resort, and to comply with the object of the code i.E. maximisation
of value of the asset of the corporate debtor, it has been decided
to extend the time till November 30, it said.

Moreover, the Supreme Court has also laid down a law in the matter
of Swiss Ribbons and Essar Steel, that the outer limit of 330 days
can be extended in exceptional circumstances, the report says.

Insolvency proceedings against Vasan Healthcare were initiated in
April 2017. However, the proceedings were stayed by the Madras High
Court till September 5, 2019.  CoC was constituted on November 14,
2019 and after that there was a nationwide lockdown.

                        About Vasan Health

Vasan Health Care Private Limited provides health care services.
The Company serves patients in India.

In 2017, the National Company Law Tribunal (NCLT), Chennai, had
ordered commencement of insolvency proceedings against Vasan Health
Care, in a petition filed by Alcon Laboratories (India) Pvt. Ltd.,
one of its suppliers. Later the proceedings were stayed by a single
judge of Madras High Court. Nearly two years later, in October
2019, the Division Bench had vacated the stay and the case was back
at NCLT.


VINAYAK VIDHYALAYAA: CARE Keeps D Debt Rating in Not Cooperating
----------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Sree
Vinayak Vidhyalayaa Charitable Trust (SVVCT) continues to remain in
the 'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       7.21       CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 10, 2020, placed
the rating(s) of SVVCT under the 'issuer non-cooperating' category
as SVVCT had failed to provide information for monitoring of the
rating and had not paid the surveillance fees for the rating
exercise as agreed to in its Rating Agreement. SVVCT continues to
be non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 26, 2021, October 6, 2021 and October 16, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Sree Vinayak Vidhyalayaa Charitable Trust (SVVCT) was established
as a non-profit making organization in the year 2006 by Mr. Sekar
and his family members at Erode, Tamil Nadu. SVVCT is registered as
a public charitable trust and established educational institutions
for the purpose of promoting engineering, scientific, managerial
and other graduation courses. Various health and awareness camps
are held in association with the government hospitals in and around
Erode, Tamil Nadu as part of their philanthropic activities. The
trust operates three educational institutions namely, Aishwarya
College of Engineering & Technology, Aishwarya Polytechnic College
and Sri Vinayak Vidhyalaya College of Education.


VISHAL CONDUIT: CARE Keeps C Debt Rating in Not Cooperating
-----------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Vishal
Conduit Products Private Limited (VCPL) continues to remain in the
'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term/           5.00       CARE C; Stable/CARE A4;
   Short Term                      ISSUER NOT COOPERATING;
   Bank Facilities                 Rating continues to remain
                                   Under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 17, 2020, placed
the rating(s) of VCPL under the 'issuer non-cooperating' category
as VCPL had failed to provide information for monitoring of the
rating and had not paid the surveillance fees for the rating
exercise as agreed to in its Rating Agreement. VCPL continues to be
noncooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
October 3, 2021, October 13, 2021 and October 23, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Vishal Conduit Products Pvt. Ltd. (VCPL), incorporated in 2005 by
the Singh family of Jalandhar Punjab with the objective of
manufacturing of iron & steel products. Since inception, the
company is engaged in manufacturing of mild steel (MS) ingots and
mild steel (MS) pipes. The facility of the company is located at
Jalandhar, Punjab with an annual installed capacity of 12,000 MT
per annum for (MS) ingots and 1200 MT per annum for (MS) pipes. Mr
S Mohinder Singh (Graduate), Managing Director, looks after the day
to day operations of the entity. VCPL also undertook trading of
iron and steel products.


YOGESH CHOUDHARY: CARE Lowers Rating on INR5.18cr LT Loan to D
--------------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of
Yogesh Choudhary (YC), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       5.18       CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category and Revised from
                                   CARE C; Stable

   Long Term/           9.82       CARE D/CARE D; ISSUER NOT
   Short Term                      COOPERATING; Rating continues
   Bank Facilities                 to remain under ISSUER NOT
                                   COOPERATING category and     
                                   Revised from CARE C; Stable/
                                   CARE A4

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated June 18, 2021, placed the
rating(s) of YC under the 'issuer non-cooperating' category as YC
had failed to provide information for monitoring of the rating and
had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. YC continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
November 16, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating.

The rating assigned to the bank facilities of YC have been revised
on account of delays in debt servicing as recognized from publicly
available information.

Bharatpur-based (Rajasthan) Yogesh Choudhary (YC) was formed in
year 1996 by Mr. Yogesh Choudhary as a partnership firm along with
Mrs. Sunita Choudhary to share profit or loss in equal ratio. YC is
engaged in road construction and is registered as "AA" class
approved contractor (Highest in the scale of AA to E) indicating
eligibility to bid for contracts of any amount. The firm undertake
projects for road construction from Public Works Department (PWD)
and Rajasthan State Road Development and Construction Corporation
(RSRDC) and it has executed projects in the area of Alwar, Bayana
and Hindaun etc.


YUVA SHAKTHI: CARE Lowers Rating on INR2.95cr LT Loan to B-
-----------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of Yuva
Shakthi Enterprises (YSE), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       2.95       CARE B-; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   To remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B+; Stable

   Short Term Bank     10.00       CARE A4; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated November 9, 2020, placed the
rating(s) of YSE under the 'issuer non-cooperating' category as YSE
had failed to provide information for monitoring of the rating and
had not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. YSE continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 25, 2021, October 5, 2021, October 15, 2021.

In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

The ratings assigned to the bank facilities of YSE have been
revised on account of non-availability of requisite information.

Telangana based, Yuva Shakthi Enterpirses (YSE) was established in
the year 1992 as a partnership firm, promoted by Mr. K. Ranga Reddy
and his family members. The firm is a class-I contractor and super
class contractor. YSE is engaged in the civil construction works
like laying of roads, bridges and construction of buildings. YSE
procures work orders through online government tenders from roads
and buildings departments like Superintendent of Engineer for Roads
and Buildings Department of Warangal, Karimnagar, Sangareddy and
Panchayati Raj of various districts of Telangana.




=====================
N E W   Z E A L A N D
=====================

D L B CONSTRUCTION: Creditors' Proofs of Debt Due on Jan. 15
------------------------------------------------------------
Creditors of D L B Construction Limited are required to file their
proofs of debt by Jan. 15, 2021, to be included in the company's
dividend distribution.

Greg Sherriff and Damien Grantwere appointed liquidators of the
company on Nov. 17, 2021.

The company's liquidators can be reached at:

          Waterstone Insolvency
          PO Box 352
          Auckland 1140
          New Zealand


MAVERICK SANDBLASTING: Creditors' Proofs of Debt Due on Dec. 22
---------------------------------------------------------------
Creditors of Maverick Sandblasting 2012 Limited Ltd are required to
file their proofs of debt by Dec. 22, 2021, to be included in the
company's dividend distribution.

Brenton Hunt was appointed liquidator of the company on Nov. 22,
2021.

The company's liquidator can be reached at:

          Brenton Hunt
          PO Box 13400
          City East, Christchurch 8141
          New Zealand
          Email: brenton@insolvencymatters.co.nz


VICTORY OFFICES: Court to Hear Wind-Up Petition on Dec. 9
---------------------------------------------------------
A petition to wind up the operations of Victory Offices (New
Zealand) Pty Limited will be heard before the High Court at Dunedin
on Dec. 9, 2021, at 10:00 a.m.

10 Brandon Street Limited filed the petition against the company on
Nov. 1, 2021.

The Petitioner's solicitors are:

          Michael Wolff
          Morrison Kent Lawyers
          Level 19, 105 The Terrace
          Wellington
          New Zealand




=================
S I N G A P O R E
=================

AUTOVOX PTE: Court Enters Wind-Up Order
---------------------------------------
The High Court of Singapore entered an order on Nov. 19, 2021, to
wind up the operations of Autovox Pte Ltd.

Rohan S/O Suppiah filed the petition against the company.

The company's liquidators are:

          Mr. Abuthahir Abdul Gafoor
          Ms. Yessica Budiman
          c/o AAG Corporate Advisory Pte Ltd
          144 Robinson Road
          #14-02 Robinson Square
          Singapore 068908


EAGLE HOSPITALITY: Ex-Insiders Ordered to Account for PPP Funds
---------------------------------------------------------------
James Nani of Bloomberg Law reports that two executives who were
largely blamed for the bankruptcy of Eagle Hospitality Real Estate
Investment Trust's U.S. units are facing a court order to account
for their handling of $2.4 million in federal Covid relief funds.

Taylor Woods and Howard Wu could face jail time if Eagle
Hospitality can show by Dec. 6 that the executives moved $50,000 or
more in assets after the court's Monday, November 22, 2021, order.
The two can avoid jail if they post a $2.4 million bond or place
that amount in escrow, Judge Christopher S. Sontchi said in his
order.

                  About Eagle Hospitality Group

Eagle Hospitality Trust -- https://eagleht.com/ -- is a hospitality
stapled group comprising Eagle Hospitality Real Estate Investment
Trust ("Eagle H-REIT") and Eagle Hospitality Business Trust. Based
in Singapore, Eagle H-REIT is established with the principal
investment strategy of investing on a long-term basis, in a
diversified portfolio of income-producing real estate which is used
primarily for hospitality and/or hospitality-related purposes, as
well as real estate-related assets in connection with the
foregoing, with an initial focus on the United States.

EHT US1, Inc., and 26 affiliates, including 15 LLC entities that
each owns hotels in the U.S., sought Chapter 11 protection (Bankr.
D. Del. Lead Case No. 21-10036) on Jan. 18, 2021.

EHT US1, Inc., estimated $500 million to $1 billion in assets and
liabilities as of the bankruptcy filing.

The Debtors tapped Paul Hastings LLP as bankruptcy counsel; FTI
Consulting, Inc., as restructuring advisor; and Moelis & Company
LLC, as investment banker. Cole Schotz P.C. is the Delaware
counsel.  Rajah & Tann Singapore LLP is Singapore Law counsel, and
Walkers is Cayman Law counsel.  Donlin, Recano & Company, Inc. is
the claims agent.


MODERN TRADE: Creditors' Proofs of Debt Due on Dec. 28
------------------------------------------------------
Creditors of Modern Trade Holdings Pte Ltd, which is in voluntary
liquidation, are required to file their proofs of debt by Dec. 28,
2021, to be included in the company's dividend distribution.

The company's liquidators are:

          Victor Goh
          Khor Boon Hong
          C/o Baker Tilly TFW LLP
          600 North Bridge Road
          #05-01 Parkview Square
          Singapore 188778


THAIOIL MARINE: Creditors' Proofs of Debt Due on Dec. 28
--------------------------------------------------------
Creditors of Thaioil Marine International Pte Ltd, which is in
voluntary liquidation, are required to file their proofs of debt by
Dec. 28, 2021, to be included in the company's dividend
distribution.

The company commenced wind-up proceedings on Nov. 19, 2021.

The company's liquidators are:

          Hamish Alexander Christie
          C/o 1 Raffles Place, #10-62
          One Raffles Place, Tower 2
          Singapore 048616


WAREHOUSE@TUAS PTE: Creditors' Proofs of Debt Due on Dec. 27
------------------------------------------------------------
Creditors of WAREHOUSE@TUAS Pte Ltd and Ho Seng Lee Realty Pte Ltd
are required to file their proofs of debt by Dec. 27, 2021, to be
included in the company's dividend distribution.

The company commenced wind-up proceedings on Nov. 22, 2021.

The company's liquidators are:

          Chan Li Shan
          c/o Agile 8 Solutions Pte. Ltd.
          3 Temasek Avenue, #21-21 Centennial Tower
          Singapore 039190




===============
T H A I L A N D
===============

THAILAND: Insurers Face Huge Losses From Bargain COVID Policies
---------------------------------------------------------------
Nikkei Asia reports that sixteen Thai insurance companies suffering
losses from cheap COVID-19 policies they began selling last year
are crossing their fingers that the regulator will allow them to
revoke the policies.

Ten are listed on the Stock Exchange of Thailand, and they recently
reported a combined THB5.8 billion (US$176 million) loss for the
third quarter through September, according to their earnings
reports, Nikkei relays.

Syn Mun Kong Insurance endured the biggest net loss, THB3.7
billion, largely due to paying out THB6.8 billion in claims, a jump
of 339% from a year earlier. Of the total payout, THB6 billion went
to COVID claims, the report discloses.

"The reason for the rise in losses in the third quarter is the rise
in COVID claims," Syn Mun Kong said in its earnings report.

According to the report, an analyst at Kasikorn Research Center
said Thai insurers began selling new COVID policies last year as
the pandemic, which had mostly bypassed much of Southeast Asia, was
beginning to hit Thailand.  They sold the policies "without knowing
that the pandemic could get worse this year," the analyst said.

Nikkei says the COVID policies have put the sector at risk of
collapse, and although the 16 insurers have stopped selling them, a
large number of existing policies will remain active until June.

"That's our major concern," the report quotes Anon Vangvasu,
chairman of the Thai General Insurance Association, a grouping of
Thailand's 54 nonlife insurers, as saying.  "We are worried that
the COVID claims could surge again if a new wave of the pandemic
hits Thailand again next year."

As a result, the TGIA has proposed that the Office of Insurance
Commission, the country's insurance regulator, allow the 16
insurers to revoke the outstanding COVID policies if the insurers
refund 100% of the premiums, the report states. The OIC is
considering the request.

When they went on sale, the policies struck a chord with consumers,
who were becoming concerned with the virus, the report says.  As
many Thais clamored for the policies, the insurers began competing
on price. Customers could buy THB100,000 to THB300,000 worth of
coverage for about THB500 a year.

By the end of September, the number of COVID policyholders was at
39.8 million (Thailand has a population of about 69.8 million). The
policyholders had paid a total of THB11.2 billion in premiums, and
total claims stood at THB9.4 billion, the report discloses citing
data from the OIC.

Thai Group Holding, owned by billionaire Charoen
Sirivadhanabhakdi's TCC Group, booked a net loss of THB812 million,
while Bangkok Insurance lost THB885 million, the report discloses.

Thailand, which late last year was reporting new daily cases in the
double digits, was hit by a devastating third wave in the middle of
this year, the report notes. By mid-August, it was reporting more
than 23,000 new COVID patients per day. The tidal wave has eased,
and on Nov. 25, Thailand reported 6,335 new patients for the past
24 hours.

Syn Mun Kong Insurance began feeling the heat in July, after it was
hit by a surge in claims, and informed clients it would stop
selling new COVID policies, according to the report.

Asia Insurance 1950 Public Company suffered a liquidity crunch and
failed to compensate claimants, forcing the OIC to order the
company to temporarily cease providing non-life insurance policies,
effective Oct. 15, Nikkei discloses.

OIC Secretary-General Sutthipol Thaweechaikarn cited evidence
submitted to the registrar that indicates Asia Insurance lacked
financial stability with debt provisions exceeding the company's
assets, the report says.

"The OIC has sent our senior officials and experts to work closely
with Asia Insurance to regulate the smooth payouts of claims and
prevent consumers from suffering any losses," Sutthipol told
reporters.

Nikkei adds that the OIC secretary-general added that the company
is barred from moving or selling assets. In addition, the regulator
has ordered the insurer to expedite solutions to its financial
problems under the OIC's close watch.

According to the Thai General Insurance Association, the 16
companies that sold COVID policies in 2020 received claims
amounting to more than THB37 billion from Jan. 1 to Nov. 15. That
is about 26% of their combined total risk-based capital of THB132.3
billion, the report discloses.

"We are concerned that the total claims could exceed 40 billion
baht for the whole year," Nikkei quotes TGIA Chairman Anon as
saying, adding that the figure would amount to around 30% of the 16
insurers' total risk-based capital.  "That would put the entire
sector in danger," he said.

One analyst, however, cited Thailand's lower new daily case totals
and said there is light at the end of the insurers' liquidity
crunch tunnel, the report adds.




===============
X X X X X X X X
===============

[*] Airlines That Succumbed to Bankruptcy Due to the Pandemic
-------------------------------------------------------------
Joe Cusmano of Travel Daily Media reports the COVID-19 pandemic has
had a significant impact on the aviation business in a variety of
ways, particularly due to the low profits achieved by carriers,
particularly in the previous year.  In some situations, this
results in the airline being forced to file for bankruptcy
protection.  This is a list of some of the major airlines that have
declared bankruptcy as a result of the unprecedented devastation
wrought by the Covid-19 pandemic.

* Air Italy

When Air Italy suspended operations on the 11th of February 2020,
it was one of the first carriers to do so.  Air Italy was the
second-largest airline in Italy, behind Alitalia, and was based in
Rome.  Following the news, Air Italy would gradually reduce its
daily schedule, with the final trip departing on April 16, 2020.

* Flybe

Flybe was one of the most noteworthy companies to go bankrupt as a
result of the epidemic. It was one of the largest regional airlines
in Europe, accounting for more than half of all domestic flights in
the United Kingdom at its peak. The airline was already
experiencing financial difficulties prior to the COVID-19 pandemic,
and the virus proved to be the final straw for them.  On March 5,
2020, the airline filed for bankruptcy protection.  However, it
does not appear that all is lost, since the airline is planning to
resume operations this year under new management.

* Virgin Australia

Virgin Australia was another airline that suffered a significant
loss as a result of the virus.  Virgin Australia, along with its
competitor Qantas, is one of the most well-known names in
Australian aviation.  Due to increasing demand, the airline changed
its name from Virgin Blue to Virgin Australia in 2011.  It first
began operations in 2000 as Virgin Blue.  However, due to financial
difficulties, the airline entered voluntary administration on April
21, 2020, and has since been closed. Virgin Australia continues to
operate routes despite being under administration.

* Avianca

Flights to and from the United States were suspended on May 11,
2020, when Avianca, the world's second-oldest airline, filed for
Chapter 11 bankruptcy. Because Avianca was one of the most
important airlines in Latin America, this came as a surprise.
Announcing plans to merge with Chilean carrier Sky Airline on
October 2, 2021, the airline declared that it will be operational
by 2022 and would be a mega low-cost carrier.

* Thai Airways

A bankruptcy court has ordered Thai Airways, a 61-year-old airline,
to restructure its operations under bankruptcy court supervision.
The firm has been struggling financially for years.  As a result of
the opposition of Thai Prime Minister Prayut Chan-o-cha, the
airline has been unable to legally proclaim its bankruptcy. Flights
are still being operated as usual by the carrier.

* Virgin Atlantic

As a result of the COVID-19 epidemic, Virgin Atlantic filed for
Chapter 15 Bankruptcy on Aug. 4, 2020.  Even though the airline is
no longer in the process of ceasing operations, it is still running
on a regular schedule.

* Alitalia

In Italy, the largest airline was Alitalia, which was based in
Rome.  But the airline was forced to file for administration in
2017 due to financial issues.  Due to the infection, the airline
opted to close its doors after dangling by a thread for several
years. On October 15, the airline's final flight from Rome to
Cagliari departed successfully. In the wake of the closure of
Alitalia and Air Italy, the airline's assets were transferred to
ITA Airways, the country's new national carrier.  As a result of
the closure of Alitalia's operations on Nov. 24, ITA Airways, which
is controlled entirely by the Italian government, began operating
Nov. 24 as well.

* Philippine Airlines

Because of the effects of the COVID-19 epidemic, Philippine
Airlines, the country's flag carrier, has filed for Chapter 11
bankruptcy.  Early this year, on Sept. 3, 2021, the airline filed
for Chapter 11 protection.


[*] BOND PRICING: For the Week Nov. 22, 2021 to Nov. 26, 2021
-------------------------------------------------------------
Issuer                   Coupon     Maturity    Currency    Price
------                   ------     --------    --------    -----

  AUSTRALIA
  ---------

ACN 113 874 712 PTY L      13.25      02/15/18      USD     0.15
ACN 113 874 712 PTY L      13.25      02/15/18      USD     0.15
CLIME CAPITAL LTD/FUN       6.25      11/30/21      AUD     0.97
COMMONWEALTH BANK OF        3.30      08/26/50      AUD    70.39
GLENNON SMALL COS LTD       5.60      09/30/30      AUD    10.50
VIRGIN AUSTRALIA HOLD       7.88      10/15/21      USD     8.00
VIRGIN AUSTRALIA HOLD       7.88      10/15/21      USD     8.15
VIRGIN AUSTRALIA HOLD       8.25      05/30/23      AUD     7.07
VIRGIN AUSTRALIA HOLD       8.08      03/05/24      AUD     6.52
VIRGIN AUSTRALIA HOLD       8.13      11/15/24      USD     7.25
VIRGIN AUSTRALIA HOLD       8.13      11/15/24      USD     7.95
VIRGIN AUSTRALIA HOLD       8.00      11/26/24      AUD     7.15


   CHINA
   -----

AKESU DISTRICT GREEN        4.09      03/11/23      CNY    39.73
AKESU DISTRICT GREEN        4.09      03/11/23      CNY    39.89
AKESU TEXTILE CITY DE       7.50      06/21/24      CNY    59.39
AKESU TEXTILE CITY DE       7.50      06/21/24      CNY    60.99
AKESU XINCHENG ASSET        6.40      04/20/22      CNY    20.15
AKESU XINCHENG ASSET        6.40      04/20/22      CNY    20.24
ALTAY PREFECTURE STAT       4.85      01/22/23      CNY    36.00
ALTAY PREFECTURE STAT       4.85      01/22/23      CNY    39.87
AN SHUN YU KUN REAL E       5.48      11/10/21      CNY    39.60
ANHUI DANGTU ECO DEVE       6.00      09/11/24      CNY    60.00
ANHUI DANGTU ECO DEVE       6.00      09/11/24      CNY    62.30
ANHUI HUAAN FOREIGN E       7.30      07/13/21      CNY    70.01
ANHUI HUAINING URBAN        5.80      08/28/24      CNY    60.00
ANHUI HUAINING URBAN        5.80      08/28/24      CNY    60.77
ANHUI JIANGNAN INDUST       4.76      07/08/23      CNY    39.63
ANHUI JIANGNAN INDUST       4.76      07/08/23      CNY    39.75
ANHUI LEXING CITY CON       6.05      11/01/24      CNY    60.70
ANHUI LEXING CITY CON       6.05      11/01/24      CNY    62.49
ANJI NORTHWEST DEVELO       5.90      07/18/23      CNY    40.19
ANJI NORTHWEST DEVELO       5.90      07/18/23      CNY    40.40
ANLU CONSTRUCTION DEV       5.45      06/15/23      CNY    40.08
ANNING DEVELOPMENT IN       8.80      09/11/25      CNY    66.00
ANQING ECONOMIC&TECHN       4.09      03/09/23      CNY    40.05
ANQING ECONOMIC&TECHN       4.09      03/09/23      CNY    40.22
ANQING URBAN CONSTRUC       6.01      04/27/22      CNY    20.00
ANQING URBAN CONSTRUC       6.01      04/27/22      CNY    20.13
ANQING WANJIANG HIGH        6.50      08/02/24      CNY    58.10
ANQING WANJIANG HIGH        6.50      08/02/24      CNY    60.00
ANQIU HUAAN STATE OWN       7.00      09/14/24      CNY    59.27
ANSHUN CITY CONSTRUCT       7.30      09/15/24      CNY    47.01
ANSHUN CITY CONSTRUCT       7.30      09/15/24      CNY    48.00
ANSHUN CITY XIXIU IND       7.90      11/15/25      CNY    75.00
ANSHUN STATE-RUN ASSE       4.48      07/18/23      CNY    35.73
ANSHUN STATE-RUN ASSE       4.48      07/18/23      CNY    37.89
ANSHUN TRANSPORTATION       7.50      10/31/24      CNY    54.59
ANSHUN XIXIU CITY INV       4.70      11/22/23      CNY    52.36
ANSHUN XIXIU CITY INV       4.70      11/22/23      CNY    59.81
AOYUAN CORP GROUP LTD       5.50      03/03/25      CNY    28.10
BAOJI INVESTMENT GROU       5.05      04/18/24      CNY    61.07
BAOTOU AFFORDABLE HOU       5.25      07/27/24      CNY    60.55
BAOTOU AFFORDABLE HOU       5.25      07/27/24      CNY    61.60
BAOTOU AFFORDABLE HOU       5.31      08/10/24      CNY    60.61
BAOTOU CITY SCIENCE E       6.48      03/25/22      CNY    20.05
BAOTOU CITY SCIENCE E       6.48      03/25/22      CNY    20.05
BAOYING CITY CONSTRUC       4.50      03/24/23      CNY    39.81
BAOYING CITY CONSTRUC       4.50      03/24/23      CNY    40.36
BAOYING COUNTY DEVELO       5.45      08/21/24      CNY    60.01
BAOYING COUNTY DEVELO       5.45      08/21/24      CNY    61.36
BAOYING COUNTY DEVELO       5.49      10/17/24      CNY    61.55
BAYAN ZHUOER HETAO WA       8.54      03/31/22      CNY    15.15
BAZHONG STATE-OWNED A       5.13      12/02/22      CNY    39.24
BAZHONG STATE-OWNED A       5.13      12/02/22      CNY    39.40
BAZHOU GUOHUI CONSTRU       6.08      06/19/24      CNY    61.11
BAZHOU GUOHUI CONSTRU       6.08      06/19/24      CNY    61.40
BEIJING FUTURE SCIENC       4.20      08/13/22      CNY    20.04
BEIPIAO CITY CONSTRUC       6.70      03/25/23      CNY    38.83
BEIPIAO CITY CONSTRUC       6.70      03/25/23      CNY    40.60
BENGBU ECONOMIC DEVEL       6.45      07/13/24      CNY    59.65
BENGBU ECONOMIC DEVEL       6.45      07/13/24      CNY    60.00
BENGBU URBAN INVESTME       5.80      04/13/24      CNY    61.78
BENGBU URBAN INVESTME       5.80      04/13/24      CNY    61.85
BIJIE CONSTRUCTION IN       6.50      01/28/22      CNY    19.90
BIJIE CONSTRUCTION IN       6.50      01/28/22      CNY    19.94
BIJIE CONSTRUCTION IN       5.78      07/06/24      CNY    60.48
BIJIE CONSTRUCTION IN       5.55      08/03/24      CNY    60.00
BIJIE CONSTRUCTION IN       5.55      08/03/24      CNY    60.62
BIJIE DEXI CONSTRUCTI       4.60      11/17/23      CNY    55.42
BIJIE DEXI CONSTRUCTI       4.60      11/17/23      CNY    59.78
BIJIE DEXI CONSTRUCTI       5.10      12/05/23      CNY    54.51
BIJIE DEXI CONSTRUCTI       5.10      12/05/23      CNY    60.07
BIJIE QIXINGGUAN DIST       7.60      09/08/24      CNY    61.67
BIJIE QIXINGGUAN DIST       8.05      08/16/25      CNY    59.50
BIJIE QIXINGGUAN DIST       8.05      08/16/25      CNY    70.78
BIJIE XINTAI INVESTME       7.80      11/01/24      CNY    49.84
BIJIE XINTAI INVESTME       7.80      11/01/24      CNY    59.40
BINZHOU ZHANHUA DISTR       4.93      11/29/23      CNY    59.40
BINZHOU ZHANHUA DISTR       4.93      11/29/23      CNY    59.41
BINZHOU ZHONGHAI VENT       6.65      04/13/22      CNY    20.00
BINZHOU ZHONGHAI VENT       6.65      04/13/22      CNY    20.07
BORALA MONGOL AUTONOM       5.77      08/26/22      CNY    18.30
BORALA MONGOL AUTONOM       5.77      08/26/22      CNY    20.12
BOZHOU URBAN CONSTRUC       4.78      04/14/23      CNY    40.04
BOZHOU URBAN CONSTRUC       4.78      04/14/23      CNY    40.51
BRILLIANCE AUTO GROUP       5.30      10/23/20      CNY    48.88
BRILLIANCE AUTO GROUP       6.50      01/22/22      CNY    48.88
BRILLIANCE AUTO GROUP       6.50      03/13/22      CNY    48.88
BRILLIANCE AUTO GROUP       6.50      04/18/22      CNY    48.88
BRILLIANCE AUTO GROUP       6.50      06/03/22      CNY    48.88
BRILLIANCE AUTO GROUP       6.30      09/14/23      CNY    48.88
BRILLIANCE AUTO GROUP       5.40      09/14/23      CNY    55.80
BRILLIANCE AUTO GROUP       6.30      09/14/23      CNY    56.93
BRILLIANCE AUTO GROUP       5.80      11/05/23      CNY    48.88
BRILLIANCE AUTO GROUP       5.80      11/05/23      CNY    59.80
BRILLIANCE AUTO GROUP       5.80      03/20/24      CNY    54.80
BRILLIANCE AUTO GROUP       5.80      06/17/24      CNY    48.88
BRILLIANCE AUTO GROUP       5.80      06/17/24      CNY    60.78
CANGNAN COUNTY STATE        5.58      11/11/22      CNY    40.30
CANGNAN COUNTY STATE        5.58      11/11/22      CNY    40.42
CEFC SHANGHAI INTERNA       4.98      12/10/20      CNY    61.29
CEFC SHANGHAI INTERNA       4.08      09/09/21      CNY    60.00
CHANG DE DING LI INDU       4.30      03/10/23      CNY    40.15
CHANG DE DING LI INDU       4.30      03/10/23      CNY    40.17
CHANG DE DING LI INDU       6.10      07/20/24      CNY    60.00
CHANG DE DING LI INDU       6.10      07/20/24      CNY    60.07
CHANGDE DE YUAN SHANT       5.33      09/13/23      CNY    37.37
CHANGDE URBAN CONSTRU       3.59      01/12/23      CNY    40.00
CHANGDE URBAN CONSTRU       3.59      01/12/23      CNY    40.08
CHANGGE JINCAI PUBLIC       7.10      04/19/24      CNY    59.91
CHANGGE JINCAI PUBLIC       7.10      04/19/24      CNY    61.14
CHANGJI URBAN CONSTRU       4.24      11/18/23      CNY    58.01
CHANGJI URBAN CONSTRU       4.24      11/18/23      CNY    60.08
CHANGLE COUNTY NEWTOW       5.18      12/16/22      CNY    37.00
CHANGLE COUNTY NEWTOW       5.18      12/16/22      CNY    40.04
CHANGSHA COUNTY XINGC       7.90      03/25/22      CNY    25.37
CHANGSHA COUNTY XINGC       7.90      03/25/22      CNY    25.37
CHANGSHA ECONOMIC & T       8.45      04/13/22      CNY    15.22
CHANGSHA ECONOMIC & T       4.78      03/03/24      CNY    60.78
CHANGSHA ECONOMIC & T       4.78      03/03/24      CNY    61.26
CHANGSHA FURONG CITY        3.88      01/26/23      CNY    40.27
CHANGSHA FURONG CITY        3.88      01/26/23      CNY    40.67
CHANGSHA JINZHOU NEW        6.60      08/24/24      CNY    59.25
CHANGSHA JINZHOU NEW        6.60      08/24/24      CNY    60.00
CHANGSHA METRO GROUP        6.20      04/23/23      CNY    30.94
CHANGSHA METRO GROUP        6.20      04/23/23      CNY    32.01
CHANGSHA METRO GROUP        5.97      04/03/25      CNY    62.91
CHANGSHA METRO GROUP        5.40      07/14/25      CNY    60.00
CHANGSHA METRO GROUP        5.40      07/14/25      CNY    62.62
CHANGSHA METRO GROUP        4.10      12/21/25      CNY    71.19
CHANGSHA METRO GROUP        4.10      12/21/25      CNY    71.47
CHANGSHA TIANXIN CITY       4.20      11/06/22      CNY    20.00
CHANGSHA TIANXIN CITY       4.20      11/06/22      CNY    20.11
CHANGSHA TIANXIN CITY       3.43      08/08/23      CNY    39.13
CHANGSHA TIANXIN CITY       3.43      08/08/23      CNY    39.87
CHANGSHA YUHUA JINGKA       4.17      09/06/23      CNY    39.95
CHANGSHA YUHUA JINGKA       4.17      09/06/23      CNY    40.11
CHANGSHA YUHUA URBAN        3.80      01/28/23      CNY    40.00
CHANGSHA YUHUA URBAN        3.80      01/28/23      CNY    40.14
CHANGSHU DONGNAN ASSE       6.53      03/26/22      CNY    20.24
CHANGSHU DONGNAN ASSE       6.53      03/26/22      CNY    27.32
CHANGXING URBAN CONST       6.00      12/03/21      CNY    19.00
CHANGXING URBAN CONST       6.00      12/03/21      CNY    20.03
CHANGZHOU TIANNING CO       6.48      02/12/22      CNY    20.00
CHANGZHOU TIANNING CO       6.48      02/12/22      CNY    20.18
CHANGZHOU XINGANG ECO       3.42      10/20/23      CNY    39.23
CHANGZHOU XINGANG ECO       3.42      10/20/23      CNY    39.94
CHANGZHOU ZHONGLOU EC       3.64      10/26/23      CNY    39.93
CHANGZHOU ZHONGLOU EC       3.64      10/26/23      CNY    40.03
CHAOHU URBAN TOWN CON       6.50      04/30/22      CNY    20.23
CHAOHU URBAN TOWN CON       6.50      04/30/22      CNY    21.80
CHENGDU GARDEN WATER        6.15      05/03/23      CNY    39.85
CHENGDU GARDEN WATER        6.15      05/03/23      CNY    40.41
CHENGDU GARDEN WATER        7.50      09/11/24      CNY    58.32
CHENGDU GARDEN WATER        7.50      09/11/24      CNY    62.56
CHENGDU LIN JIANG GAR       6.75      08/02/24      CNY    59.64
CHENGDU PIDU DISTRICT       6.95      04/01/22      CNY    20.11
CHENGDU PIDU DISTRICT       6.95      04/01/22      CNY    20.20
CHENGDU SHUZHOU CITY        6.58      05/26/22      CNY    20.08
CHENGDU SHUZHOU CITY        6.58      05/26/22      CNY    20.50
CHENGDU XINGCHENGJIAN       6.00      03/20/22      CNY    20.00
CHENGDU XINGCHENGJIAN       6.00      03/20/22      CNY    20.13
CHENGDU XINGJIN ECOLO       3.65      10/13/23      CNY    39.29
CHENGDU XINGJIN ECOLO       3.65      10/13/23      CNY    40.08
CHENGDU XINGSHU INVES       6.78      08/21/24      CNY    60.00
CHENGDU XINGSHU INVES       6.78      08/21/24      CNY    61.79
CHENGDU XINJIN COUNTY       6.40      07/05/24      CNY    58.92
CHENGDU XINJIN COUNTY       6.40      07/05/24      CNY    59.91
CHENGDU XINJIN COUNTY       6.28      08/03/24      CNY    60.00
CHENGDU XINJIN COUNTY       6.28      08/03/24      CNY    60.12
CHENGDU XINKAIYUAN UR       5.29      04/27/23      CNY    39.42
CHENGDU XINKAIYUAN UR       5.29      04/27/23      CNY    40.10
CHENZHOU BAIFU INVEST       4.96      03/22/26      CNY    61.07
CHENZHOU BAIFU INVEST       4.96      03/22/26      CNY    61.62
CHENZHOU FUCHENG HIGH       4.73      01/22/23      CNY    40.02
CHENZHOU FUCHENG HIGH       4.73      01/22/23      CNY    40.07
CHENZHOU INDUSTRY INV       6.45      01/23/22      CNY    20.07
CHENZHOU INDUSTRY INV       6.45      01/23/22      CNY    28.60
CHENZHOU WENLV INDUST       5.34      11/28/23      CNY    58.73
CHENZHOU XINTIAN INVE       6.00      07/26/24      CNY    56.62
CHENZHOU XINTIAN INVE       6.00      07/26/24      CNY    60.00
CHENZHOU XINTIAN INVE       5.38      03/08/26      CNY    63.03
CHENZHOU XINTIAN INVE       5.38      03/08/26      CNY    63.26
CHIBI LANTIAN URBAN C       4.38      08/10/23      CNY    39.69
CHIBI LANTIAN URBAN C       4.38      08/10/23      CNY    39.83
CHINA FORTUNE LAND DE       7.40      03/24/21      CNY    25.13
CHINA FORTUNE LAND DE       7.20      04/18/21      CNY    25.13
CHINA FORTUNE LAND DE       5.60      09/10/21      CNY    25.13
CHINA FORTUNE LAND DE       5.80      05/23/22      CNY    22.20
CHINA FORTUNE LAND DE       5.00      05/30/22      CNY    68.15
CHINA GRAND AUTOMOTIV       9.13      01/30/24      USD    74.23
CHINA OCEANWIDE HOLDI       8.90      12/13/21      CNY    48.00
CHINA SECURITY CO LTD       4.45      11/11/19      CNY    31.00
CHONGQIN BAIYAN INVES       5.75      05/03/23      CNY    40.44
CHONGQIN BAIYAN INVES       5.75      05/03/23      CNY    40.67
CHONGQIN XINLIANG INV       4.76      08/26/23      CNY    38.51
CHONGQIN XINLIANG INV       4.76      08/26/23      CNY    38.73
CHONGQING BANAN ECONO       6.17      03/13/22      CNY    20.10
CHONGQING BANAN ECONO       6.17      03/13/22      CNY    20.12
CHONGQING BAYUAN CONS       4.99      08/16/23      CNY    39.10
CHONGQING BISHAN DIST       4.93      03/29/23      CNY    40.34
CHONGQING BISHAN DIST       4.93      03/29/23      CNY    40.43
CHONGQING DAZU INDUST       6.30      04/28/22      CNY    20.00
CHONGQING DAZU INDUST       6.30      04/28/22      CNY    20.06
CHONGQING DAZU URBAN        3.97      08/11/22      CNY    49.43
CHONGQING DAZU URBAN        3.97      08/11/22      CNY    49.50
CHONGQING DAZU YONGSH       6.48      07/24/24      CNY    59.05
CHONGQING DAZU YONGSH       6.48      07/24/24      CNY    61.42
CHONGQING ECO&TECH DE       3.95      04/13/23      CNY    40.07
CHONGQING FULING TRAF       6.68      02/03/22      CNY    20.00
CHONGQING FULING TRAF       6.68      02/03/22      CNY    20.08
CHONGQING HECHUAN CIT       3.95      09/06/23      CNY    39.61
CHONGQING HECHUAN CIT       3.95      09/06/23      CNY    39.86
CHONGQING HONGYE INDU       6.30      08/02/24      CNY    59.74
CHONGQING HONGYE INDU       6.30      08/02/24      CNY    61.30
CHONGQING JIANGJIN DI       6.40      09/13/24      CNY    60.00
CHONGQING JIANGJIN DI       6.40      09/13/24      CNY    60.57
CHONGQING JIN TONG IN       4.44      11/16/23      CNY    56.84
CHONGQING JIN TONG IN       4.44      11/16/23      CNY    59.65
CHONGQING JIN TONG IN       6.50      08/01/24      CNY    55.88
CHONGQING JIN TONG IN       6.50      08/01/24      CNY    60.00
CHONGQING JINYUN ASSE       4.50      12/31/22      CNY    40.09
CHONGQING JINYUN ASSE       4.50      12/31/22      CNY    40.18
CHONGQING KAIQIAN INV       4.64      03/21/23      CNY    38.70
CHONGQING KAIQIAN INV       4.64      03/21/23      CNY    39.87
CHONGQING LAND PROPER       3.36      03/21/23      CNY    40.03
CHONGQING LAND PROPER       3.36      03/21/23      CNY    40.10
CHONGQING LIANGSHAN C       6.30      10/16/24      CNY    61.59
CHONGQING LIANGSHAN C       6.30      10/16/24      CNY    61.60
CHONGQING MAIRUI URBA       4.95      04/21/23      CNY    40.19
CHONGQING MAIRUI URBA       4.95      04/21/23      CNY    40.30
CHONGQING NANCHUAN CI       4.20      07/11/23      CNY    39.77
CHONGQING NANCHUAN CI       4.20      07/11/23      CNY    39.90
CHONGQING QIJIANG EAS       4.00      09/05/23      CNY    38.78
CHONGQING QIJIANG EAS       4.00      09/05/23      CNY    39.14
CHONGQING SHUANGFU CO       6.37      10/13/24      CNY    60.00
CHONGQING SHUANGFU CO       6.37      10/13/24      CNY    60.93
CHONGQING SHUANGQIAO        5.99      11/19/21      CNY    19.99
CHONGQING SHUANGQIAO        5.99      11/19/21      CNY    26.25
CHONGQING TONGLIANG J       6.59      04/08/22      CNY    20.00
CHONGQING TONGLIANG J       6.59      04/08/22      CNY    20.13
CHONGQING TONGNAN DIS       4.99      12/31/22      CNY    39.25
CHONGQING TONGNAN DIS       4.99      12/31/22      CNY    39.66
CHONGQING WANSHENG EC       5.40      11/18/21      CNY    39.98
CHONGQING WANZHOU SAN       4.95      08/25/22      CNY    20.19
CHONGQING WANZHOU SAN       4.95      08/25/22      CNY    20.80
CHONGQING WULONG DIST       6.80      09/21/24      CNY    55.00
CHONGQING WULONG DIST       6.80      09/21/24      CNY    58.40
CHONGQING XINGRONG HO       4.86      03/31/23      CNY    38.50
CHONGQING XINGRONG HO       4.86      03/31/23      CNY    39.82
CHONGQING YINGDI INDU       7.00      11/07/24      CNY    59.99
CHONGQING YUELAI INVE       6.09      04/29/22      CNY    20.00
CHONGQING YUELAI INVE       6.09      04/29/22      CNY    20.19
CHUN'AN XINANJIANG DE       6.10      03/11/22      CNY    20.19
CHUN'AN XINANJIANG DE       6.10      03/11/22      CNY    24.55
CHUN'AN XINANJIANG DE       3.84      11/04/23      CNY    39.36
CHUN'AN XINANJIANG DE       3.84      11/04/23      CNY    40.06
CHUZHOU CITY INVESTME       6.30      11/30/21      CNY    30.04
CHUZHOU CITY INVESTME       6.30      11/30/21      CNY    30.40
CHUZHOU CITY NANQIAO        5.95      10/23/24      CNY    60.00
CHUZHOU CITY NANQIAO        5.95      10/23/24      CNY    62.39
CITIC GUOAN GROUP COR       4.90      11/06/19      CNY    18.25
CITIC GUOAN GROUP COR       5.80      12/15/19      CNY    18.25
CITIC GUOAN GROUP COR       4.23      12/15/20      CNY    18.25
CITIC GUOAN GROUP COR       4.49      03/08/21      CNY    18.25
CIXI STATE OWNED ASSE       4.90      04/07/24      CNY    60.92
DAFANG COUNTY CONSTRU       6.00      09/26/23      CNY    38.30
DAFANG COUNTY CONSTRU       6.00      09/26/23      CNY    40.18
DALI HAIDONG DEVELOPM       6.01      01/25/23      CNY    38.05
DALI HAIDONG DEVELOPM       6.01      01/25/23      CNY    39.82
DALIAN RONGDA INVESTM       5.69      12/05/21      CNY    20.03
DALIAN SHITAI CITY CO       4.50      02/01/23      CNY    37.74
DALIAN SHITAI CITY CO       4.50      02/01/23      CNY    40.12
DANGTU COUNTY CONSTRU       5.38      08/10/22      CNY    20.26
DANGYANG XINYUAN INVE       4.97      03/29/23      CNY    39.84
DANGYANG XINYUAN INVE       4.97      03/29/23      CNY    40.29
DANYANG HI-TECH INDUS       6.40      04/24/22      CNY    19.87
DANYANG HI-TECH INDUS       6.40      04/24/22      CNY    20.00
DANYANG INVESTMENT GR       3.99      01/25/23      CNY    39.15
DANYANG INVESTMENT GR       3.99      01/25/23      CNY    39.77
DANYANG INVESTMENT GR       5.49      07/18/24      CNY    61.66
DASHIQIAO URBAN CONST       7.59      08/14/24      CNY    62.53
DASHIQIAO URBAN CONST       7.59      08/14/24      CNY    62.54
DATONG ECONOMIC CONST       4.49      10/22/22      CNY    20.02
DATONG ECONOMIC CONST       4.49      10/22/22      CNY    20.15
DAWA COUNTY CITY CONS       6.29      06/12/22      CNY    19.58
DAWA COUNTY LINGANG E       5.99      10/19/24      CNY    61.02
DAYE ZHENHENG CITY DE       4.50      03/28/23      CNY    38.09
DAYE ZHENHENG CITY DE       4.50      03/28/23      CNY    39.81
DAYE ZHENHENG CITY DE       4.05      08/31/23      CNY    37.81
DAYE ZHENHENG CITY DE       4.05      08/31/23      CNY    38.82
DAZHOU DEVELOPMENT HO       6.55      01/14/22      CNY    20.00
DAZHOU DEVELOPMENT HO       6.55      01/14/22      CNY    20.08
DAZHOU DEVELOPMENT HO       5.10      11/27/22      CNY    40.00
DAZHOU DEVELOPMENT HO       5.10      11/27/22      CNY    40.09
DAZHOU INVESTMENT CO        3.99      11/04/26      CNY    67.55
DEHONGZHOU HONGKANG I       6.68      01/23/22      CNY    20.04
DEQING CONSTRUCTION I       3.60      11/11/23      CNY    59.50
DEQING CONSTRUCTION I       3.60      11/11/23      CNY    59.60
DEXING INVESTMENT HOL       5.99      03/21/23      CNY    40.08
DEXING INVESTMENT HOL       5.99      03/21/23      CNY    43.80
DONGLING GROUP INC CO       8.00      07/14/22      CNY    20.00
DONGLING GROUP INC CO       8.00      07/14/22      CNY    20.40
DONGTAI STATE-OWNED A       3.04      11/16/23      CNY    58.77
DONGYING CITY URBAN A       5.57      03/31/22      CNY    20.16
DONGYING CITY URBAN A       5.57      03/31/22      CNY    20.33
DONGZHI COUNTY CITY O       4.88      06/20/23      CNY    39.99
DONGZHI COUNTY CITY O       4.88      06/20/23      CNY    39.99
DUJIANGYAN NEW CITY C       6.90      10/19/24      CNY    61.84
DUJIANGYAN NEW CITY C       7.80      10/11/25      CNY    69.00
DUJIANGYAN XINGYAN IN       6.10      03/12/22      CNY    19.00
DUJIANGYAN XINGYAN IN       6.10      03/12/22      CNY    19.75
DUNYUN STATE-OWNED AS       6.60      12/28/22      CNY    39.61
ENSHI URBAN CONSTRUCT       3.84      11/01/23      CNY    39.29
ENSHI URBAN CONSTRUCT       3.84      11/01/23      CNY    39.58
EVERGRANDE REAL ESTAT       6.98      07/08/22      CNY    27.00
EVERGRANDE REAL ESTAT       6.27      05/06/23      CNY    30.00
EVERGRANDE REAL ESTAT       6.80      05/06/24      CNY    35.69
FANTASIA GROUP CHINA        7.50      12/17/21      CNY    74.00
FANTASIA GROUP CHINA        7.80      11/29/22      CNY    44.83
FEICHENG CITY ASSETS        4.04      03/23/23      CNY    39.68
FEICHENG CITY ASSETS        4.04      03/23/23      CNY    40.11
FEIXI COUNTY URBAN &        4.45      06/03/23      CNY    40.24
FEIXI COUNTY URBAN &        4.45      06/03/23      CNY    41.24
FENG COUNTY ECONOMIC        5.18      06/21/23      CNY    38.82
FENG COUNTY ECONOMIC        5.18      06/21/23      CNY    40.06
FENGCHENG CITY CONSTR       6.49      02/10/22      CNY    20.12
FENGCHENG CITY CONSTR       6.49      02/10/22      CNY    20.34
FENGCHENG CITY MODERN       5.76      12/17/22      CNY    37.88
FENGCHENG CITY MODERN       5.76      12/17/22      CNY    40.00
FENGDU COUNTY STATE-O       6.38      09/05/24      CNY    60.00
FENGDU COUNTY STATE-O       6.38      09/05/24      CNY    60.39
FENGHUANG MINGCHENG C       6.50      03/23/24      CNY    61.14
FENGTAI HUAXING CITY        5.60      03/13/24      CNY    61.42
FENGTAI HUAXING CITY        5.60      03/13/24      CNY    61.45
FENGXIAN URBAN INVEST       6.48      03/20/22      CNY    20.00
FENGXIAN URBAN INVEST       6.48      03/20/22      CNY    20.13
FENYI CITY CONSTRUCTI       4.54      08/22/23      CNY    39.33
FENYI CITY CONSTRUCTI       4.54      08/22/23      CNY    39.78
FUJIAN FUSHENG GROUP        7.90      11/19/21      CNY    60.00
FUJIAN FUSHENG GROUP        7.90      12/17/21      CNY    70.99
FUJIAN JINJIANG URBAN       3.35      08/24/23      CNY    39.00
FUJIAN JINJIANG URBAN       3.35      08/24/23      CNY    39.91
FUJIAN PROVINCE LIANJ       6.29      04/30/22      CNY    20.00
FUJIAN PROVINCE LIANJ       6.29      04/30/22      CNY    20.25
FUJIAN ZHANGLONG GROU       4.99      08/07/22      CNY    20.00
FUJIAN ZHANGLONG GROU       4.99      08/07/22      CNY    20.15
FUNING URBAN INVESTME       6.00      03/14/24      CNY    61.45
FUNING URBAN INVESTME       6.00      03/14/24      CNY    61.73
FUQING CITY STATE-OWN       5.94      11/26/22      CNY    40.06
FUXIN INFRASTRUCTURE        6.18      03/18/22      CNY    19.92
FUZHOU CHANGLE DISTRI       4.50      04/11/23      CNY    39.81
FUZHOU CHANGLE DISTRI       4.50      04/11/23      CNY    40.25
FUZHOU DEVELOPMENT ZO       3.53      08/25/23      CNY    39.89
FUZHOU DEVELOPMENT ZO       3.53      08/25/23      CNY    39.89
FUZHOU DONGXIANG INVE       6.20      03/20/24      CNY    61.84
FUZHOU DONGXIANG INVE       6.20      03/20/24      CNY    61.85
FUZHOU INVESTMENT DEV       5.70      10/30/24      CNY    60.00
FUZHOU INVESTMENT DEV       5.70      10/30/24      CNY    60.77
FUZHOU LINCHUAN URBAN       5.68      07/05/23      CNY    40.82
FUZHOU LINCHUAN URBAN       5.68      07/05/23      CNY    40.82
FUZHOU URBAN AND RURA       5.48      01/26/22      CNY    20.00
FUZHOU URBAN AND RURA       5.48      01/26/22      CNY    20.08
FUZHOU URBAN AND RURA       4.89      07/08/22      CNY    20.15
FUZHOU URBAN AND RURA       4.89      07/08/22      CNY    20.55
GANSU PROVINCIAL HIGH       6.58      09/24/22      CNY    41.05
GANSU PROVINCIAL HIGH       6.20      03/28/23      CNY    71.65
GANZHOU CITY DEVELOPM       5.50      06/16/22      CNY    20.00
GANZHOU CITY DEVELOPM       5.50      06/16/22      CNY    20.15
GANZHOU DEVELOPMENT I       8.10      12/11/23      CNY    63.25
GAOMI CITY CONSTRUCTI       5.95      09/18/24      CNY    59.97
GAOMI CITY CONSTRUCTI       5.95      09/18/24      CNY    60.00
GAOMI STATE-OWNED ASS       4.69      01/26/23      CNY    39.50
GAOMI STATE-OWNED ASS       4.69      01/26/23      CNY    39.54
GAOQING LU QING ASSET       7.50      09/27/24      CNY    64.01
GAOQING LU QING ASSET       7.50      09/27/24      CNY    64.02
GAOYOU CITY CONSTRUCT       5.48      09/15/22      CNY    20.00
GAOYOU CITY CONSTRUCT       5.48      09/15/22      CNY    20.29
GAOYOU CITY ECONOMY D       3.65      09/02/23      CNY    40.00
GAOYOU CITY ECONOMY D       3.65      09/02/23      CNY    40.28
GAOYOU CITY ECONOMY D       5.26      07/13/24      CNY    61.42
GAOYOU CITY ECONOMY D       5.26      07/13/24      CNY    62.10
GONG'AN COUNTY CITY C       4.30      08/30/23      CNY    39.63
GONG'AN COUNTY CITY C       4.30      08/30/23      CNY    39.92
GONGQINGCHENG FINANCI       5.85      03/25/23      CNY    40.27
GONGQINGCHENG FINANCI       5.85      03/25/23      CNY    40.27
GUANGAN DEVELOPMENT A       6.39      03/24/22      CNY    20.20
GUANGAN DEVELOPMENT A       6.39      03/24/22      CNY    24.00
GUANGAN ECONOMIC & TE       5.16      04/14/23      CNY    40.05
GUANGAN ECONOMIC & TE       5.16      04/14/23      CNY    40.19
GUANGAN TRANSPORTATIO       5.39      12/01/23      CNY    48.77
GUANGAN XINHONG INVES       7.18      08/28/24      CNY    59.86
GUANGAN XINHONG INVES       7.18      08/28/24      CNY    60.00
GUANGDE CITY STATE-OW       5.37      07/18/24      CNY    60.46
GUANGDE CITY STATE-OW       5.37      07/18/24      CNY    62.40
GUANGDONG HUIZHOU COM       4.16      05/17/23      CNY    40.40
GUANGDONG HUIZHOU COM       4.16      05/17/23      CNY    40.46
GUANGDONG HUIZHOU COM       4.95      12/27/23      CNY    61.13
GUANGDONG HUIZHOU COM       4.95      12/27/23      CNY    61.16
GUANGRAO COUNTY ECONO       3.61      09/08/23      CNY    40.09
GUANGSHUI CITY DEVELO       6.19      03/01/24      CNY    61.21
GUANGSHUI CITY DEVELO       6.19      03/01/24      CNY    61.57
GUANGXI LAIBIN INDUST       5.97      11/26/21      CNY    20.00
GUANGXI LAIBIN INDUST       5.97      11/26/21      CNY    20.01
GUANGXI LIUZHOU DONGC       6.50      07/24/24      CNY    71.96
GUANGXI LIUZHOU INVES       4.28      03/08/23      CNY    37.78
GUANGYUAN YUANQU CONS       4.48      03/10/23      CNY    40.04
GUANGYUAN YUANQU CONS       4.48      03/10/23      CNY    40.12
GUANGZHOU HUANTOU NAN       6.38      11/18/24      CNY    60.30
GUANGZHOU HUANTOU NAN       6.38      11/18/24      CNY    61.13
GUANGZHOU METRO GROUP       6.45      04/02/24      CNY    45.00
GUANGZHOU METRO GROUP       6.45      04/02/24      CNY    46.94
GUANGZHOU METRO GROUP       6.05      06/03/24      CNY    46.91
GUANGZHOU PANYU INFOR       4.50      09/08/26      CNY    70.50
GUANGZHOU PANYU INFOR       4.50      09/08/26      CNY    70.51
GUANGZHOU R&F PROPERT       6.70      04/07/22      CNY    52.03
GUANGZHOU R&F PROPERT       6.80      05/16/22      CNY    65.50
GUANGZHOU R&F PROPERT       7.00      01/03/23      CNY    64.00
GUCHENG CONSTRUCTION        7.88      04/27/25      CNY    75.00
GUILIN ECONOMIC CONST       5.60      04/22/22      CNY    20.00
GUILIN ECONOMIC CONST       5.60      04/22/22      CNY    20.21
GUIRENNIAO CO LTD           7.00      12/03/19      CNY    49.50
GUIXI STATE OWNED HOL       4.18      08/18/23      CNY    39.62
GUIXI STATE OWNED HOL       4.18      08/18/23      CNY    39.64
GUIYANG BAIYUN INDUST       7.30      03/27/22      CNY    20.07
GUIYANG BAIYUN INDUST       7.30      03/27/22      CNY    25.00
GUIYANG BAIYUN URBAN        6.48      07/17/24      CNY    59.81
GUIYANG BAIYUN URBAN        6.48      07/17/24      CNY    60.00
GUIYANG BAIYUN URBAN        7.28      09/25/24      CNY    59.04
GUIYANG BAIYUN URBAN        7.28      09/25/24      CNY    60.00
GUIYANG BAIYUN URBAN        4.75      09/13/26      CNY    61.31
GUIYANG BAIYUN URBAN        4.75      09/13/26      CNY    62.16
GUIYANG CITY CONSTRUC       4.37      03/25/26      CNY    65.20
GUIYANG CITY CONSTRUC       4.37      03/25/26      CNY    66.96
GUIYANG ECONOMIC DEVE       6.35      09/21/24      CNY    59.59
GUIYANG GUANCHENG IND       7.50      12/25/22      CNY    71.18
GUIYANG GUANSHANHU DI       4.87      01/28/23      CNY    37.40
GUIYANG GUANSHANHU DI       4.87      01/28/23      CNY    39.94
GUIYANG GUANSHANHU DI       4.48      03/09/23      CNY    37.41
GUIYANG GUANSHANHU DI       4.48      03/09/23      CNY    38.53
GUIYANG GUANSHANHU DI       6.49      06/22/24      CNY    56.80
GUIYANG GUANSHANHU DI       6.49      06/22/24      CNY    57.61
GUIYANG URBAN CONSTRU       5.23      12/02/22      CNY    39.00
GUIYANG URBAN CONSTRU       5.23      12/02/22      CNY    39.80
GUIYANG URBAN CONSTRU       5.98      07/21/24      CNY    59.97
GUIYANG URBAN CONSTRU       5.98      07/21/24      CNY    60.00
GUIZHOU EAST LAKE CIT       5.18      01/06/23      CNY    37.94
GUIZHOU FANJINGSHAN I       6.95      01/28/22      CNY    19.90
GUIZHOU FANJINGSHAN I       6.95      01/28/22      CNY    19.91
GUIZHOU GUIAN CONSTRU       4.17      10/28/22      CNY    20.11
GUIZHOU GUIAN CONSTRU       4.17      10/28/22      CNY    21.00
GUIZHOU GUILONG INDUS       7.80      04/28/22      CNY    24.95
GUIZHOU GUILONG INDUS       7.80      04/28/22      CNY    25.32
GUIZHOU HONGCAI INVES       6.00      06/07/23      CNY    27.76
GUIZHOU HONGCAI INVES       6.00      06/07/23      CNY    28.78
GUIZHOU KAILI KAIYUAN       7.30      05/26/24      CNY    57.20
GUIZHOU KAILI KAIYUAN       7.30      05/26/24      CNY    62.00
GUIZHOU KAILI KAIYUAN       7.28      08/29/24      CNY    60.00
GUIZHOU KAILI KAIYUAN       7.28      08/29/24      CNY    62.07
GUIZHOU LIUPANSHUI PA       7.30      07/24/24      CNY    50.34
GUIZHOU RAILWAY INVES       7.20      03/27/22      CNY    20.20
GUIZHOU RAILWAY INVES       7.20      03/27/22      CNY    20.30
GUIZHOU RAILWAY INVES       7.50      04/23/24      CNY    46.98
GUIZHOU RAILWAY INVES       7.50      04/23/24      CNY    47.00
GUIZHOU SHUICHENG CIT       4.98      11/22/23      CNY    52.33
GUIZHOU SHUICHENG CIT       4.98      11/22/23      CNY    60.01
GUIZHOU SHUICHENG ECO       7.50      10/26/25      CNY    39.50
GUIZHOU XINDONGGUAN C       7.70      09/05/24      CNY    62.25
GULIN STATE-OWNED ASS       4.18      08/04/23      CNY    39.31
GULIN STATE-OWNED ASS       4.18      08/04/23      CNY    39.32
GULIN STATE-OWNED ASS       5.96      07/24/24      CNY    61.17
GULIN STATE-OWNED ASS       5.96      07/24/24      CNY    64.51
HAIAN DEVELOPMENT ZON       4.47      11/16/23      CNY    58.74
HAIAN DEVELOPMENT ZON       4.47      11/16/23      CNY    59.69
HAIAN ECONOMIC TECHNO       5.45      04/13/23      CNY    39.98
HAIAN ECONOMIC TECHNO       5.45      04/13/23      CNY    40.05
HAIAN URBAN DEMOLITIO       5.08      11/27/22      CNY    40.20
HAIAN URBAN DEMOLITIO       5.08      11/27/22      CNY    40.58
HAICHENG URBAN JINCAI       5.37      08/10/23      CNY    40.31
HAIFENG MARINE INFRAS       6.84      04/29/22      CNY    20.17
HAIKOU MEILAN INTERNA       5.25      09/06/19      USD    10.51
HAINAN AIRLINES HOLDI       6.20      05/24/21      CNY    51.00
HAINING ASSET MANAGEM       3.40      08/16/23      CNY    69.70
HAIYAN COUNTY STATE-O       5.80      06/12/24      CNY    61.70
HAMI JIANHUI STATE-OW       3.90      09/21/23      CNY    39.91
HANCHENG CITY INVESTM       4.69      12/05/23      CNY    58.23
HANCHENG CITY INVESTM       4.69      12/05/23      CNY    58.51
HANCHUAN CITY HANRONG       4.25      07/18/23      CNY    39.65
HANCHUAN CITY HANRONG       4.25      07/18/23      CNY    39.97
HANDAN CONSTRUCTION &       5.48      05/27/22      CNY    20.12
HANDAN CONSTRUCTION &       5.48      05/27/22      CNY    27.20
HANGZHOU CANAL COMPRE       3.40      10/17/23      CNY    39.74
HANGZHOU CANAL COMPRE       3.40      10/17/23      CNY    39.86
HANGZHOU FUYANG DEVEL       4.76      01/27/23      CNY    40.28
HANGZHOU FUYANG DEVEL       4.76      01/27/23      CNY    40.38
HANGZHOU GONGSHU DIST       3.80      03/14/23      CNY    40.00
HANGZHOU GONGSHU DIST       3.80      03/14/23      CNY    40.21
HANGZHOU METRO GROUP        5.97      09/17/24      CNY    47.19
HANGZHOU WEST LAKE IN       4.30      04/25/23      CNY    39.87
HANGZHOU WEST LAKE IN       4.30      04/25/23      CNY    40.48
HANGZHOU XIAOSHAN QIA       4.00      03/22/23      CNY    39.77
HANGZHOU XIAOSHAN QIA       4.00      03/22/23      CNY    40.28
HANJIANG STATE-OWNED-       5.40      04/21/24      CNY    61.67
HANJIANG STATE-OWNED-       5.40      04/21/24      CNY    61.73
HANSHAN CITY CONSTRUC       6.20      08/30/24      CNY    60.00
HANSHAN CITY CONSTRUC       6.20      08/30/24      CNY    62.08
HEBEI ZHONGYUE CITY C       4.10      11/16/21      CNY    19.99
HEBEI ZHONGYUE CITY C       4.10      11/16/21      CNY    20.00
HECHI CITY CONSTRUCTI       5.58      11/13/22      CNY    36.00
HECHI CITY CONSTRUCTI       5.58      11/13/22      CNY    39.56
HECHI STATE-OWNED CAP       4.37      11/04/23      CNY    39.00
HECHI STATE-OWNED CAP       4.37      11/04/23      CNY    39.13
HEFEI CONSTRUCTION IN       7.20      04/29/24      CNY    47.69
HEFEI XINCHENG STATE-       4.13      07/15/23      CNY    39.65
HEFEI XINCHENG STATE-       4.13      07/15/23      CNY    40.31
HEILONGJIANG HECHENG        5.60      11/11/21      CNY    20.00
HEILONGJIANG HECHENG        7.05      06/21/22      CNY    15.19
HEISHAN TONGHE ASSET        6.79      09/18/22      CNY    19.28
HEISHAN TONGHE ASSET        6.79      09/18/22      CNY    19.99
HENGDONG URBAN & RURA       6.60      12/27/23      CNY    60.96
HENGDONG URBAN & RURA       6.60      12/27/23      CNY    60.98
HENGYANG BINJIANG NEW       5.47      07/27/24      CNY    61.66
HENGYANG CITY AND URB       7.50      09/22/24      CNY    60.39
HENGYANG CITY AND URB       7.50      09/22/24      CNY    62.63
HENGYANG COMMUNICATIO       4.28      01/21/23      CNY    40.00
HENGYANG COMMUNICATIO       4.28      01/21/23      CNY    40.12
HESHAN PUBLIC ASSET M       4.08      09/28/23      CNY    39.81
HESHAN PUBLIC ASSET M       4.08      09/28/23      CNY    39.81
HESHAN PUBLIC ASSET M       5.08      12/07/23      CNY    60.99
HESHAN PUBLIC ASSET M       5.08      12/07/23      CNY    61.09
HETIAN YUXIN STATE-OW       4.65      03/28/23      CNY    39.46
HETIAN YUXIN STATE-OW       4.65      03/28/23      CNY    39.83
HEYUAN CITY RUNYE INV       6.20      12/03/21      CNY    20.00
HEYUAN CITY RUNYE INV       6.20      12/03/21      CNY    20.03
HNA GROUP CO LTD            7.10      04/15/20      CNY    70.00
HNA GROUP CO LTD            5.99      11/27/22      CNY    29.10
HONGDAXINGYE GROUP CO       7.00      12/14/20      CNY    18.00
HONGDAXINGYE GROUP CO       7.00      01/15/21      CNY    18.00
HONGHEZHOU DEVELOPMEN       5.90      07/12/24      CNY    62.04
HONGHU CITY HONGRUI I       6.30      10/13/24      CNY    62.67
HONGHU CITY HONGRUI I       6.30      10/13/24      CNY    62.67
HUACHEN ENERGY CO LTD       6.63      05/18/20      USD    46.30
HUAIAN CITY HUAIAN DI       4.63      05/03/23      CNY    40.02
HUAIAN CITY HUAIAN DI       4.63      05/03/23      CNY    40.15
HUAIAN CITY URBAN ASS       5.70      04/23/22      CNY    20.23
HUAIAN CITY URBAN ASS       5.70      04/23/22      CNY    21.54
HUAIAN CITY XUYI URBA       5.10      04/15/23      CNY    39.80
HUAIAN CITY XUYI URBA       5.10      04/15/23      CNY    40.09
HUAIAN HONGRI TRANSPO       5.09      04/20/23      CNY    39.09
HUAIAN HONGRI TRANSPO       5.09      04/20/23      CNY    39.11
HUAIAN HONGZE DISTRIC       4.37      07/18/23      CNY    39.63
HUAIAN HONGZE DISTRIC       4.37      07/18/23      CNY    39.70
HUAI'AN NEW CITY INVE       5.22      09/20/24      CNY    61.58
HUAIAN QINGPU CITY CO       6.75      09/29/24      CNY    56.72
HUAIAN QINGPU CITY CO       6.75      09/29/24      CNY    56.99
HUAI'AN WATER CONSERV       5.28      08/11/24      CNY    60.00
HUAI'AN WATER CONSERV       5.28      08/11/24      CNY    61.40
HUAIHUA CITY CONSTRUC       4.18      08/31/23      CNY    38.21
HUAIHUA CITY CONSTRUC       4.18      08/31/23      CNY    38.30
HUAIHUA ECONOMIC DEVE       6.80      03/26/22      CNY    20.00
HUAIHUA ECONOMIC DEVE       6.80      03/26/22      CNY    20.02
HUAIHUA ECONOMIC DEVE       5.77      08/07/24      CNY    60.00
HUAIHUA ECONOMIC DEVE       5.77      08/07/24      CNY    60.07
HUAIHUA TRANSPORTATIO       4.96      04/12/23      CNY    39.08
HUAIHUA TRANSPORTATIO       4.96      04/12/23      CNY    39.28
HUAINAN INDUSTRY DEVE       5.69      10/25/24      CNY    61.59
HUAINAN INDUSTRY DEVE       5.69      10/25/24      CNY    61.78
HUAINAN SHAN NAN DEVE       6.53      08/24/24      CNY    59.13
HUAINAN SHAN NAN DEVE       6.53      08/24/24      CNY    61.53
HUAINAN URBAN CONSTRU       5.74      09/04/24      CNY    60.92
HUAINAN URBAN CONSTRU       5.74      09/04/24      CNY    62.09
HUANGGANG CITY CONSTR       4.08      01/18/23      CNY    40.19
HUANGMEI COUNTY URBAN       6.80      10/09/24      CNY    60.00
HUANGMEI COUNTY URBAN       6.80      10/09/24      CNY    60.45
HUANGMEI COUNTY URBAN       6.68      10/18/24      CNY    60.00
HUANGMEI COUNTY URBAN       6.68      10/18/24      CNY    61.75
HUANGSHAN CHENGTOU GR       5.95      05/06/22      CNY    20.25
HUANGSHAN CHENGTOU GR       5.95      05/06/22      CNY    20.65
HUANGSHI CIHU HIGH-TE       4.97      06/08/23      CNY    39.96
HUANGSHI CIHU HIGH-TE       4.97      06/08/23      CNY    39.97
HUANGSHI CIHU HIGH-TE       4.50      06/08/23      CNY    40.11
HUANGSHI CIHU HIGH-TE       4.50      06/08/23      CNY    43.00
HUANGSHI URBAN CONSTR       5.99      04/29/22      CNY    20.00
HUANGSHI URBAN CONSTR       5.99      04/29/22      CNY    20.27
HUANGSHI ZHONGBANG CI       5.95      06/02/24      CNY    61.97
HUANGSHI ZHONGBANG CI       5.95      06/02/24      CNY    61.97
HUBEI PROVINCE CHANGJ       6.15      04/03/22      CNY    20.28
HUBEI PROVINCE CHANGJ       6.15      04/03/22      CNY    22.40
HUBEI SONGZI JINSONG        6.60      06/21/24      CNY    60.46
HUBEI SONGZI JINSONG        6.60      06/21/24      CNY    61.44
HUBEI SUPPLY AND MARK       6.70      08/23/24      CNY    56.98
HUBEI SUPPLY AND MARK       6.70      08/23/24      CNY    61.72
HUBEI YILING ECONOMIC       6.45      09/05/24      CNY    60.00
HUBEI YILING ECONOMIC       6.45      09/05/24      CNY    60.18
HULUDAO INVESTMENT GR       7.50      10/18/23      CNY    29.00
HULUDAO INVESTMENT GR       7.50      10/18/23      CNY    30.85
HULUNBEIER INVESTMENT       6.31      04/30/22      CNY    19.65
HULUNBEIER INVESTMENT       6.31      04/30/22      CNY    20.22
HUNAN CHUZHISHENG HOL       5.60      12/18/22      CNY    39.86
HUNAN CHUZHISHENG HOL       5.60      12/18/22      CNY    40.43
HUNAN DESHAN CONSTRUC       6.46      09/14/24      CNY    58.46
HUNAN DESHAN CONSTRUC       6.46      09/14/24      CNY    61.52
HUNAN JINYANG INVESTM       5.70      11/27/21      CNY    18.60
HUNAN JINYANG INVESTM       5.70      11/27/21      CNY    20.01
HUNAN JINYANG INVESTM       4.37      01/19/23      CNY    39.85
HUNAN JINYANG INVESTM       4.37      01/19/23      CNY    40.10
HUNAN JINYANG INVESTM       4.39      04/06/23      CNY    39.97
HUNAN JINYANG INVESTM       4.39      04/06/23      CNY    40.13
HUNAN JINYANG NEW CIT       4.43      10/23/22      CNY    20.11
HUNAN JINYANG NEW CIT       4.43      10/23/22      CNY    20.11
HUNAN LINGANG DEVELOP       4.24      07/21/23      CNY    39.11
HUNAN LINGANG DEVELOP       4.24      07/21/23      CNY    39.55
HUNAN LINGANG DEVELOP       3.94      10/26/23      CNY    38.14
HUNAN LINGANG DEVELOP       3.94      10/26/23      CNY    39.45
HUNAN LOUDI ECONOMIC        6.36      03/13/22      CNY    19.64
HUNAN LOUDI ECONOMIC        6.36      03/13/22      CNY    27.00
HUNAN LOUDI ECONOMIC        4.89      03/30/23      CNY    37.64
HUNAN LOUDI ECONOMIC        4.89      03/30/23      CNY    39.17
HUNAN PROVINCIAL RAIL       6.09      04/30/25      CNY    60.00
HUNAN PROVINCIAL RAIL       6.09      04/30/25      CNY    62.72
HUNAN SENTE INDUSTRIA       6.90      11/28/24      CNY    40.00
HUNAN SHAODONG ECO-IN       6.58      12/13/23      CNY    60.40
HUNAN SHAODONG ECO-IN       6.58      12/13/23      CNY    60.95
HUNAN TIER GROUP CO L       4.20      03/17/23      CNY    38.05
HUNAN TIER GROUP CO L       4.20      03/17/23      CNY    38.06
HUNAN YOUZHOU INVESTM       4.80      07/07/23      CNY    39.91
HUNAN YOUZHOU INVESTM       4.80      07/07/23      CNY    39.92
HUNAN ZHIGU INVESTMEN       5.80      07/28/24      CNY    60.00
HUNAN ZHIGU INVESTMEN       5.80      07/28/24      CNY    61.72
INNER MONGOLIA JINLON       7.30      11/19/22      CNY    39.50
INNER MONGOLIA JINLON       7.30      11/19/22      CNY    40.41
INNER MONGOLIA KE'ERQ       6.50      03/11/22      CNY    20.00
INNER MONGOLIA KE'ERQ       6.50      03/11/22      CNY    20.00
INNER MONGOLIA KE'ERQ       6.45      04/30/22      CNY    20.09
INNER MONGOLIA KE'ERQ       6.45      04/30/22      CNY    20.13
INNER MONGOLIA ZHUNGE       6.54      12/31/21      CNY    20.10
INNER MONGOLIA ZHUNGE       6.54      12/31/21      CNY    22.10
JIAHE ZHUDU DEVELOPME       6.50      05/25/24      CNY    61.38
JIAHE ZHUDU DEVELOPME       6.50      05/25/24      CNY    61.38
JIAN CITY JINGANGSHAN       4.87      01/27/23      CNY    39.91
JIAN CITY JINGANGSHAN       4.87      01/27/23      CNY    39.96
JIANAN INVESTMENT HOL       4.30      03/08/23      CNY    40.34
JIANAN INVESTMENT HOL       4.30      03/08/23      CNY    40.38
JIANAN INVESTMENT HOL       3.50      09/05/23      CNY    39.70
JIANAN INVESTMENT HOL       3.50      09/05/23      CNY    40.08
JIANAN INVESTMENT HOL       3.85      09/05/23      CNY    40.20
JIANAN INVESTMENT HOL       3.85      09/05/23      CNY    40.28
JIANGMEN NEW HI-TECH        6.03      04/22/22      CNY    20.25
JIANGMEN NEW HI-TECH        6.03      04/22/22      CNY    20.35
JIANGSU BEIGU INDUSTR       5.80      06/20/23      CNY    39.77
JIANGSU BEIGU INDUSTR       5.80      06/20/23      CNY    39.96
JIANGSU DAHANG LINGAN       5.18      09/22/23      CNY    39.31
JIANGSU DAHANG LINGAN       5.18      09/22/23      CNY    39.47
JIANGSU GAOCHUN ECONO       3.67      09/23/23      CNY    39.75
JIANGSU GAOCHUN ECONO       3.67      09/23/23      CNY    39.76
JIANGSU GAOCHUN ECONO       3.92      11/23/23      CNY    59.89
JIANGSU GAOCHUN ECONO       3.92      11/23/23      CNY    60.02
JIANGSU GAOCHUN ECONO       5.66      06/26/24      CNY    61.39
JIANGSU GAOCHUN ECONO       5.66      06/26/24      CNY    61.43
JIANGSU GAOCHUN ECONO       6.08      08/14/24      CNY    59.57
JIANGSU GAOCHUN ECONO       6.08      08/14/24      CNY    61.93
JIANGSU HAIRUN CITY D       6.22      04/03/22      CNY    20.22
JIANGSU HAIRUN CITY D       6.22      04/03/22      CNY    20.25
JIANGSU HAIZHOU DEVEL       4.67      06/06/23      CNY    39.60
JIANGSU HAIZHOU DEVEL       4.67      06/06/23      CNY    40.37
JIANGSU HAIZHOUWAN DE       5.38      03/29/23      CNY    29.70
JIANGSU HANRUI INVEST       4.63      04/15/23      CNY    40.42
JIANGSU HANRUI INVEST       4.63      04/15/23      CNY    40.44
JIANGSU HANRUI INVEST       5.00      08/31/23      CNY    38.08
JIANGSU HANRUI INVEST       5.00      08/31/23      CNY    39.70
JIANGSU HONGZE LAKE S       6.50      08/01/24      CNY    60.16
JIANGSU JINHUI GROUP        5.16      07/14/24      CNY    61.34
JIANGSU JINHUI GROUP        5.16      07/14/24      CNY    63.60
JIANGSU JINTAN GUOFA        4.60      08/22/23      CNY    39.79
JIANGSU JINTAN GUOFA        4.60      08/22/23      CNY    39.80
JIANGSU KAIYUAN INVES       7.08      08/03/24      CNY    59.44
JIANGSU KAIYUAN INVES       7.08      08/03/24      CNY    60.00
JIANGSU RUNCHENG ASSE       5.65      04/19/24      CNY    61.11
JIANGSU RUNCHENG ASSE       5.65      04/19/24      CNY    62.65
JIANGSU WUZHONG ECONO       5.49      11/19/21      CNY    20.01
JIANGSU WUZHONG ECONO       5.49      11/19/21      CNY    20.32
JIANGSU XISHAN ECONOM       5.78      07/20/22      CNY    20.37
JIANGSU XISHAN ECONOM       5.78      07/20/22      CNY    20.50
JIANGSU YANGKOU PORT        6.23      04/10/22      CNY    20.11
JIANGSU YANGKOU PORT        6.23      04/10/22      CNY    27.50
JIANGSU YINGZHOU DEVE       4.33      09/21/23      CNY    38.19
JIANGSU YINGZHOU DEVE       4.33      09/21/23      CNY    38.43
JIANGSU YIXING ENVIRO       4.08      09/14/23      CNY    40.03
JIANGSU YIXING ENVIRO       4.08      09/14/23      CNY    40.15
JIANGSU ZHONGAN CONST       5.65      03/24/24      CNY    60.79
JIANGSU ZHONGAN CONST       5.65      03/24/24      CNY    62.40
JIANGSU ZHONGGUANCUN        5.70      08/30/24      CNY    61.60
JIANGSU ZHONGGUANCUN        5.70      08/30/24      CNY    61.74
JIANGSU ZHUFU INDUSTR       4.47      07/20/23      CNY    38.90
JIANGSU ZHUFU INDUSTR       4.47      07/20/23      CNY    39.30
JIANGXI HEJI INVESTME       5.09      12/17/22      CNY    39.61
JIANGXI HEJI INVESTME       5.09      12/17/22      CNY    40.00
JIANGXI LONGHU MOUNTA       4.35      03/16/23      CNY    39.58
JIANGXI LONGHU MOUNTA       4.35      03/16/23      CNY    39.78
JIANGXI PINGXIANG CHA       6.00      08/11/24      CNY    60.00
JIANGXI PINGXIANG CHA       6.00      08/11/24      CNY    60.21
JIANGYOU HONGFEI INVE       6.55      09/02/22      CNY    20.10
JIANGYOU HONGFEI INVE       6.55      09/02/22      CNY    20.31
JIANHU URBAN CONSTRUC       6.30      06/01/22      CNY    19.96
JIANHU URBAN CONSTRUC       6.30      06/01/22      CNY    22.86
JIANLI FENGYUAN CITY        6.78      04/28/24      CNY    61.44
JIANLI FENGYUAN CITY        6.78      04/28/24      CNY    61.45
JIANYANG DEVELOPMENT        3.93      11/10/23      CNY    58.49
JIANYANG DEVELOPMENT        3.93      11/10/23      CNY    58.58
JIANYANG MODERN INDUS       6.00      04/24/24      CNY    60.19
JIANYANG MODERN INDUS       6.00      04/24/24      CNY    60.61
JIAXING JIAXIU DEVELO       5.60      09/25/24      CNY    61.80
JIAXING JIAXIU DEVELO       5.60      09/25/24      CNY    61.99
JIAXING XIANGJIADANG        4.13      07/20/23      CNY    39.64
JIAXING XIANGJIADANG        4.13      07/20/23      CNY    40.34
JIAXING XIANGJIADANG        3.87      09/21/23      CNY    39.38
JIAXING XIANGJIADANG        3.87      09/21/23      CNY    40.09
JIAYU COUNTY URBAN TO       5.70      01/19/23      CNY    40.00
JIAYU COUNTY URBAN TO       5.70      01/19/23      CNY    40.19
JIAYU COUNTY URBAN TO       6.50      01/19/24      CNY    60.55
JIAYU COUNTY URBAN TO       6.50      01/19/24      CNY    61.04
JIAYU COUNTY URBAN TO       5.70      03/23/24      CNY    60.57
JIAYU COUNTY URBAN TO       5.70      03/23/24      CNY    60.57
JILIN CITY CONSTRUCTI       3.80      01/27/23      CNY    37.00
JILIN CITY CONSTRUCTI       3.80      01/27/23      CNY    39.79
JILIN ECONOMIC AND TE       6.20      04/29/23      CNY    40.07
JILIN ECONOMIC AND TE       6.20      04/29/23      CNY    40.17
JINAN CITY LICHENG DI       5.00      06/23/22      CNY    20.00
JINAN CITY LICHENG DI       5.00      06/23/22      CNY    20.10
JINCHANG CONSTRUCTION       6.79      12/21/22      CNY    20.00
JINCHANG CONSTRUCTION       6.79      12/21/22      CNY    40.40
JINCHENG STATE-OWNED        4.99      11/11/21      CNY    20.00
JINCHENG STATE-OWNED        4.99      11/11/21      CNY    20.10
JINGDEZHEN CERAMIC CU       5.38      11/27/22      CNY    39.96
JINGDEZHEN CERAMIC CU       5.38      11/27/22      CNY    40.00
JINGJIANG BINJIANG XI       5.37      07/25/24      CNY    60.31
JINGJIANG BINJIANG XI       5.37      07/25/24      CNY    63.53
JINGJIANG CITY INVEST       4.55      03/30/23      CNY    39.86
JINGJIANG CITY INVEST       4.55      03/30/23      CNY    39.94
JINGMEN CITY CONSTRUC       6.85      07/09/22      CNY    15.00
JINGMEN CITY CONSTRUC       6.85      07/09/22      CNY    15.35
JINGMEN HIGH-TECH DEV       5.48      08/11/22      CNY    19.80
JINGMEN HIGH-TECH DEV       5.48      08/11/22      CNY    20.19
JINGMEN HIGH-TECH DEV       4.15      07/28/23      CNY    39.62
JINGMEN HIGH-TECH DEV       4.15      07/28/23      CNY    39.83
JINGSHAN JINGCHENG IN       4.38      08/29/23      CNY    39.22
JINGSHAN JINGCHENG IN       4.38      08/29/23      CNY    40.29
JINGZHOU DEVELOPMENT        4.87      09/23/26      CNY    65.26
JINGZHOU DEVELOPMENT        4.87      09/23/26      CNY    69.64
JINGZHOU URBAN CONSTR       3.97      03/10/23      CNY    40.10
JINGZHOU URBAN CONSTR       3.97      03/10/23      CNY    40.23
JINGZHOU URBAN CONSTR       5.68      07/20/24      CNY    61.55
JINGZHOU URBAN CONSTR       5.68      07/20/24      CNY    61.70
JINHU COUNTY STATE-OW       4.00      07/26/22      CNY    25.13
JINHU COUNTY STATE-OW       4.00      07/26/22      CNY    25.13
JINING CITY SHIZHONG        6.39      01/29/22      CNY    19.98
JINING CITY SHIZHONG        6.39      01/29/22      CNY    24.44
JINING CITY SHIZHONG        3.52      09/14/23      CNY    38.98
JINING HIGH TECH URBA       6.09      04/30/22      CNY    20.19
JINING HIGH TECH URBA       6.09      04/30/22      CNY    21.50
JINING HIGH TECH URBA       5.88      04/25/23      CNY    71.15
JINNENG HOLDING COAL        5.20      04/24/28      CNY    75.00
JINSHA COUNTY CONSTRU       6.01      09/05/23      CNY    37.96
JINSHA COUNTY CONSTRU       6.01      09/05/23      CNY    38.69
JINTANG MODERN AGRICU       5.49      07/14/23      CNY    40.00
JINTANG MODERN AGRICU       5.49      07/14/23      CNY    40.22
JINXIAN COUNTY CITY C       6.20      07/24/24      CNY    60.98
JINZHAI URBAN DEVELOP       5.90      04/25/23      CNY    40.80
JINZHAI URBAN DEVELOP       5.90      04/25/23      CNY    40.80
JISHOU HUATAI STATE O       7.18      02/09/22      CNY    20.02
JISHOU HUATAI STATE O       7.18      02/09/22      CNY    22.82
JISHOU HUATAI STATE O       6.50      06/21/24      CNY    59.67
JISHOU HUATAI STATE O       6.50      06/21/24      CNY    62.50
JISHOU HUATAI STATE O       6.45      09/11/24      CNY    59.51
JISHOU HUATAI STATE O       6.45      09/11/24      CNY    60.00
JIUJIANG CITY CONSTRU       5.50      05/22/22      CNY    19.55
JIUJIANG CITY CONSTRU       5.50      05/22/22      CNY    20.24
JIUJIANG LAND INVESTM       6.20      03/23/22      CNY    20.13
JIUJIANG LAND INVESTM       6.20      03/23/22      CNY    20.36
JIUJIANG LIANXI DISTR       4.58      03/30/23      CNY    39.84
JIUJIANG LIANXI DISTR       4.58      03/30/23      CNY    40.01
JIXI STATE OWN ASSET        6.87      01/19/22      CNY    19.98
JIXI STATE OWN ASSET        6.87      01/19/22      CNY    20.04
JUNAN CITY STATE OWNE       7.50      09/26/24      CNY    59.81
JUNAN CITY STATE OWNE       7.50      09/26/24      CNY    62.63
JURONG URBAN CONSTRUC       6.89      09/18/24      CNY    60.00
JURONG URBAN CONSTRUC       6.89      09/18/24      CNY    61.09
JURONG URBAN CONSTRUC       6.80      11/06/24      CNY    60.83
KAIFENG URBAN OPERATI       6.35      03/23/22      CNY    20.09
KAIFENG URBAN OPERATI       6.35      03/23/22      CNY    20.09
KAIFU CITY DEVELOPMEN       4.20      01/21/23      CNY    39.85
KAIFU CITY DEVELOPMEN       4.20      01/21/23      CNY    40.13
KAIFU CITY DEVELOPMEN       3.73      08/22/23      CNY    39.85
KAIFU CITY DEVELOPMEN       3.73      08/22/23      CNY    40.21
KAILI GUIZHOU TOWN CO       5.29      12/17/22      CNY    38.94
KAILI GUIZHOU TOWN CO       5.29      12/17/22      CNY    40.00
KAILI GUIZHOU TOWN CO       4.20      10/13/23      CNY    37.07
KAILI GUIZHOU TOWN CO       4.20      10/13/23      CNY    37.07
KANGMEI PHARMACEUTICA       6.28      03/20/21      CNY    20.50
KANGMEI PHARMACEUTICA       6.10      03/28/21      CNY    20.50
KANGMEI PHARMACEUTICA       5.50      04/20/21      CNY    20.50
KANGMEI PHARMACEUTICA       7.00      06/21/21      CNY    20.50
KANGMEI PHARMACEUTICA       6.80      06/28/21      CNY    20.50
KANGMEI PHARMACEUTICA       6.33      01/27/22      CNY    36.69
KANGMEI PHARMACEUTICA       5.20      07/17/22      CNY    20.50
KANGMEI PHARMACEUTICA       5.29      08/16/22      CNY    20.50
KANGMEI PHARMACEUTICA       5.47      09/15/22      CNY    20.50
KASHI URBAN CONSTRUCT       5.80      07/20/22      CNY    20.10
KASHI URBAN CONSTRUCT       5.80      07/20/22      CNY    20.16
KUNMING DIANCHI INVES       5.75      07/24/24      CNY    59.79
KUNMING DIANCHI INVES       5.75      07/24/24      CNY    59.83
KUNSHAN YINQIAO HOLDI       5.50      10/18/24      CNY    62.25
KUNSHAN YINQIAO HOLDI       5.50      10/18/24      CNY    64.10
LAOHEKOU CITY CONSTRU       6.75      08/12/22      CNY    20.06
LAOHEKOU CITY CONSTRU       6.49      08/16/24      CNY    60.00
LAOHEKOU CITY CONSTRU       6.49      08/16/24      CNY    61.14
LEIYANG CITY AND RURA       7.80      04/10/22      CNY    20.31
LEIYANG CITY AND RURA       7.80      04/10/22      CNY    20.32
LEPING STATE-OWNED AS       3.70      10/20/23      CNY    39.42
LEPING STATE-OWNED AS       3.70      10/20/23      CNY    39.79
LIANYUNGANG HENGCHI I       7.45      09/22/24      CNY    58.73
LIANYUNGANG HENGCHI I       7.45      09/22/24      CNY    60.00
LIANYUNGANG HENGCHI I       7.40      10/27/24      CNY    60.00
LIANYUNGANG HENGCHI I       7.40      10/27/24      CNY    62.23
LIANYUNGANG TRANSPORT       5.47      11/17/21      CNY    20.01
LIANYUNGANG TRANSPORT       5.47      11/17/21      CNY    25.00
LIAOCHENG ANTAI URBAN       5.16      04/11/23      CNY    39.56
LIAOCHENG ANTAI URBAN       4.58      04/11/23      CNY    39.63
LIAOCHENG ANTAI URBAN       4.58      04/11/23      CNY    39.68
LIAOCHENG ANTAI URBAN       5.16      04/11/23      CNY    40.00
LIAOCHENG XINGYE HOLD       5.20      04/13/23      CNY    39.49
LIAOCHENG XINGYE HOLD       5.20      04/13/23      CNY    39.49
LIAONING GUANLONG CON       4.70      11/10/23      CNY    59.00
LIAONING GUANLONG CON       4.70      11/10/23      CNY    59.80
LIAONING YAODU DEVELO       6.50      04/29/23      CNY    40.62
LILING HIGH-TECH INDU       4.93      01/19/23      CNY    39.32
LINFEN YAODU DISTRICT       7.19      03/13/22      CNY    20.14
LINWU SHUNFA URBAN CO       7.00      08/23/24      CNY    60.00
LINWU SHUNFA URBAN CO       7.00      08/23/24      CNY    60.26
LINYI CITY DEVELOPMEN       3.85      11/22/23      CNY    59.36
LINYI CITY DEVELOPMEN       3.85      11/22/23      CNY    60.21
LISHUI CITY CULTURAL        5.67      08/13/22      CNY    20.03
LISHUI CITY CULTURAL        5.67      08/13/22      CNY    20.11
LIUPANSHUI CITY TRAFF       5.98      05/02/24      CNY    57.42
LIUPANSHUI CITY TRAFF       5.98      05/02/24      CNY    60.56
LIUPANSHUI DEVELOPMEN       3.74      01/20/23      CNY    39.70
LIUPANSHUI DEVELOPMEN       3.74      01/20/23      CNY    40.00
LIUPANSHUI MINSHENG I       5.08      01/29/23      CNY    36.70
LIUYANG MODERN MANUFA       4.72      01/19/23      CNY    39.81
LIUYANG MODERN MANUFA       4.72      01/19/23      CNY    39.82
LIUYANG MODERN MANUFA       5.75      05/02/24      CNY    61.69
LIUYANG MODERN MANUFA       5.88      08/10/24      CNY    62.26
LIUYANG MODERN MANUFA       5.88      08/10/24      CNY    62.37
LIUYANG URBAN CONSTRU       4.45      05/24/23      CNY    39.84
LIUYANG URBAN CONSTRU       4.45      05/24/23      CNY    40.49
LIUZHOU CITY INVESTME       7.18      12/31/22      CNY    29.91
LIUZHOU DONGTONG INVE       4.45      07/22/23      CNY    37.96
LIUZHOU DONGTONG INVE       4.45      07/22/23      CNY    38.00
LIUZHOU LONGJIAN INVE       8.28      04/30/24      CNY    44.50
LIUZHOU LONGJIAN INVE       8.28      04/30/24      CNY    45.83
LONGCHANG DEVELOPMENT       7.09      10/31/24      CNY    60.00
LONGCHANG DEVELOPMENT       7.09      10/31/24      CNY    61.82
LONGYAN RAILWAY CONST       4.98      04/13/23      CNY    39.82
LONGYAN RAILWAY CONST       4.98      04/13/23      CNY    39.98
LOUDI TIDU INVESTMENT       4.83      01/20/23      CNY    39.79
LOUDI TIDU INVESTMENT       4.83      01/20/23      CNY    39.93
LOUDI WANBAO NEW DIST       5.13      02/01/23      CNY    39.29
LOUDI WANBAO NEW DIST       5.13      02/01/23      CNY    39.35
LOUDI WANBAO NEW DIST       4.42      08/01/23      CNY    38.56
LOUDI WANBAO NEW DIST       4.42      08/01/23      CNY    39.72
LU'AN JIN'AN DISTRICT       5.95      07/24/24      CNY    61.71
LUJIANG CITY CONSTRUC       6.70      04/16/22      CNY    20.00
LUJIANG CITY CONSTRUC       6.70      04/16/22      CNY    20.30
LUOYANG CITY COUNTRY        4.28      04/26/23      CNY    40.30
LUOYANG CITY COUNTRY        4.28      04/26/23      CNY    40.53
LUOYANG CITY DEVELOPM       4.47      12/02/22      CNY    40.00
LUOYANG CITY DEVELOPM       4.47      12/02/22      CNY    40.25
LUXI URBAN CONSTRUCTI       6.80      10/27/24      CNY    60.00
LUXI URBAN CONSTRUCTI       6.80      10/27/24      CNY    60.10
LUZHOU FUYANG INVESTM       5.00      08/11/23      CNY    36.85
LUZHOU FUYANG INVESTM       5.00      08/11/23      CNY    39.01
LUZHOU HUIXING INVEST       6.28      10/19/24      CNY    61.16
LUZHOU HUIXING INVEST       6.28      10/19/24      CNY    62.31
LUZHOU XINGLU INVESTM       6.41      04/23/25      CNY    60.00
LUZHOU XINGLU INVESTM       6.41      04/23/25      CNY    63.34
LUZHOU XINGYANG INVES       4.87      01/28/23      CNY    39.49
LUZHOU XINGYANG INVES       4.87      01/28/23      CNY    39.51
MA'ANSHAN CIHU HIGH T       3.90      11/28/23      CNY    60.23
MA'ANSHAN CIHU HIGH T       3.90      11/28/23      CNY    60.35
MAANSHAN ECONOMIC TEC       6.49      03/06/22      CNY    20.14
MAANSHAN ECONOMIC TEC       6.49      03/06/22      CNY    24.99
MAANSHAN HUASHAN DIST       6.07      04/20/22      CNY    20.20
MAANSHAN HUASHAN DIST       6.07      04/20/22      CNY    20.45
MAANSHAN NINGBO INVES       7.50      04/18/26      CNY    40.00
MAANSHAN SOUTHERN IND       4.53      07/25/23      CNY    38.96
MAANSHAN SOUTHERN IND       4.53      07/25/23      CNY    39.50
MAANSHAN SOUTHERN IND       4.43      09/02/23      CNY    39.29
MAANSHAN SOUTHERN IND       4.43      09/02/23      CNY    39.36
MAANSHAN YUSHAN CITY        5.62      07/31/24      CNY    60.60
MAANSHAN YUSHAN CITY        5.62      07/31/24      CNY    60.61
MAANSHAN YUSHAN CITY        5.85      09/22/24      CNY    60.90
MAANSHAN YUSHAN CITY        5.85      09/22/24      CNY    60.90
MA'ANSHAN ZHENGPU HAR       6.00      10/13/24      CNY    62.04
MA'ANSHAN ZHENGPU HAR       6.00      10/13/24      CNY    64.26
MEISHAN CITY DONGPO D       5.90      06/30/23      CNY    38.93
MEISHAN CITY DONGPO D       5.90      06/30/23      CNY    39.23
MEISHAN HONGDA CONSTR       4.18      03/28/23      CNY    39.55
MEISHAN HONGDA CONSTR       4.18      03/28/23      CNY    39.89
MEISHAN MINDONG DEVEL       6.78      08/08/24      CNY    59.97
MEISHAN MINDONG DEVEL       6.78      08/08/24      CNY    61.75
MEIZHOU CITY XIN JIN        6.02      04/22/22      CNY    20.27
MEIZHOU CITY XIN JIN        6.02      04/22/22      CNY    25.32
MEIZHOU MEI COUNTY DI       5.00      12/30/22      CNY    39.92
MEIZHOU MEI COUNTY DI       5.00      12/30/22      CNY    40.10
MENGCHENG COUNTY URBA       5.60      09/21/24      CNY    61.60
MENGZI CITY DEVELOPME       7.65      09/25/24      CNY    62.44
MENGZI CITY DEVELOPME       7.65      09/25/24      CNY    62.53
MENGZI NEW CITY DEVEL       6.50      12/09/27      CNY    92.00
MIANYANG HONGDA ASSET       7.20      09/29/24      CNY    60.00
MIANYANG HONGDA ASSET       7.20      09/29/24      CNY    62.45
MUDANJIANG AREA URBAN       6.48      06/30/22      CNY    20.06
MUDANJIANG AREA URBAN       6.48      06/30/22      CNY    25.00
MUNICIPALITY OF SHENZ       3.00      03/29/22      CNY    20.00
MUNICIPALITY OF SHENZ       3.00      03/29/22      CNY    20.00
MUNICIPALITY OF SHENZ       3.37      03/29/26      CNY    69.66
MUNICIPALITY OF SHENZ       3.37      03/29/26      CNY    69.66
MUNICIPALITY OF SHENZ       3.37      03/29/26      CNY    70.20
MUNICIPALITY OF SHENZ       3.37      03/29/26      CNY    75.00
MUNICIPALITY OF SHENZ       3.37      03/29/26      CNY    75.00
NANCHANG ECONOMY TECH       3.83      09/22/23      CNY    39.84
NANCHANG ECONOMY TECH       3.83      09/22/23      CNY    40.15
NANCHONG AIRPORT INVE       6.80      01/26/22      CNY    20.05
NANJING BAIXIA STATE-       3.98      03/29/23      CNY    39.95
NANJING BAIXIA STATE-       3.98      03/29/23      CNY    40.28
NANJING JIANGBEI NEW        5.59      09/26/24      CNY    61.96
NANJING JIANGBEI NEW        5.59      09/26/24      CNY    62.50
NANJING JIANGNING ECO       7.94      04/14/24      CNY    47.62
NANJING JIANGNING URB       3.48      11/11/23      CNY    59.57
NANJING JIANGNING URB       3.48      11/11/23      CNY    59.88
NANJING JIANYE SCIENC       4.37      06/24/23      CNY    40.20
NANJING JIANYE SCIENC       4.37      06/24/23      CNY    40.49
NANJING LISHUI ECONOM       3.41      11/09/23      CNY    39.81
NANJING LISHUI ECONOM       3.41      11/09/23      CNY    60.07
NANJING LISHUI URBAN        4.97      04/28/23      CNY    40.00
NANJING LISHUI URBAN        4.97      04/28/23      CNY    40.49
NANJING METRO GROUP C       3.29      08/29/23      CNY    40.01
NANJING PUKOU COMMUNI       5.46      07/19/24      CNY    61.77
NANJING QIXIA STATE-O       4.10      06/24/23      CNY    40.12
NANJING QIXIA STATE-O       4.10      06/24/23      CNY    40.29
NANJING STATE OWNED A       5.60      03/06/23      CNY    30.64
NANLING COUNTY CONSTR       6.20      09/06/24      CNY    60.00
NANLING COUNTY CONSTR       6.20      09/06/24      CNY    60.12
NANNING HI-TECH INDUS       4.28      03/25/23      CNY    35.20
NANNING HI-TECH INDUS       4.28      03/25/23      CNY    39.94
NANNING HI-TECH INDUS       3.82      10/20/23      CNY    39.34
NANNING HI-TECH INDUS       3.82      10/20/23      CNY    39.49
NANPING CITY WUYI NEW       4.96      09/28/22      CNY    20.20
NANPING CITY WUYI NEW       4.96      09/28/22      CNY    20.23
NANTONG CHONGCHUAN UR       5.70      07/21/22      CNY    40.00
NANTONG CHONGCHUAN UR       5.70      07/21/22      CNY    40.86
NANTONG CITY TONGZHOU       3.75      07/07/23      CNY    40.00
NANTONG CITY TONGZHOU       3.75      07/07/23      CNY    40.00
NANTONG CITY TONGZHOU       4.88      04/10/24      CNY    60.93
NANTONG HIGH TECHNOLO       5.00      10/19/22      CNY    20.20
NANTONG HIGH TECHNOLO       5.00      10/19/22      CNY    20.34
NANTONG SHIBEI NEW CI       5.98      08/07/24      CNY    61.15
NANTONG SHIBEI NEW CI       5.98      08/07/24      CNY    61.69
NANTONG SUTONG HOLDIN       6.20      03/18/22      CNY    20.00
NANTONG SUTONG HOLDIN       6.20      03/18/22      CNY    20.14
NANTONG YUNTONG PORT        6.13      08/10/24      CNY    56.00
NANTONG YUNTONG PORT        6.13      08/10/24      CNY    59.87
NANYANG HIGH-TECH DIS       6.45      04/29/23      CNY    40.18
NANYANG HIGH-TECH DIS       6.45      04/29/23      CNY    40.57
NANZHANG COUNTY CONST       6.00      01/20/24      CNY    61.26
NANZHANG COUNTY CONST       6.00      01/20/24      CNY    61.30
NANZHANG COUNTY CONST       6.58      10/25/24      CNY    60.00
NANZHANG COUNTY CONST       6.58      10/25/24      CNY    62.77
NEIJIANG CITY XINGYUA       4.28      08/16/23      CNY    39.57
NEIJIANG CITY XINGYUA       4.28      08/16/23      CNY    39.62
NEIJIANG STATE-OWNED        6.20      04/12/23      CNY    39.55
NEIJIANG STATE-OWNED        6.20      04/12/23      CNY    40.04
NEIJINAG CONSTRUCTION       5.03      12/25/22      CNY    36.36
NEIJINAG CONSTRUCTION       5.03      12/25/22      CNY    38.96
NEOGLORY HOLDING GROU       8.10      11/23/18      CNY    72.00
NEOGLORY HOLDING GROU       8.00      09/25/20      CNY    60.00
NEOGLORY HOLDING GROU       8.00      10/22/20      CNY    56.00
NINGBO CITY ZHENHAI I       5.85      12/04/21      CNY    20.05
NINGBO FENGHUA INVEST       4.58      03/28/22      CNY    50.14
NINGBO FENGHUA INVEST       4.58      03/28/22      CNY    50.20
NINGBO MEISHAN ISLAND       6.27      03/23/22      CNY    20.24
NINGBO MEISHAN ISLAND       6.27      03/23/22      CNY    28.29
NINGGUO CITY STATE OW       7.14      08/07/24      CNY    60.80
NINGGUO CITY STATE OW       7.14      08/07/24      CNY    62.27
NINGXIA SHENG YAN IND       7.50      09/27/23      CNY    42.45
NINGXIANG CITY CONSTR       6.70      01/20/22      CNY    20.12
NINGXIANG CITY CONSTR       6.70      01/20/22      CNY    20.20
NINGXIANG CITY CONSTR       6.00      06/02/26      CNY    73.23
NINGXIANG ECONOMIC TE       3.87      01/27/23      CNY    40.00
NINGXIANG ECONOMIC TE       3.87      01/27/23      CNY    40.22
NINGXIANG STATE-OWNED       4.89      06/03/23      CNY    39.93
NINGXIANG STATE-OWNED       4.89      06/03/23      CNY    40.37
NINGXIANG STATE-OWNED       3.88      11/02/23      CNY    39.41
NINGXIANG STATE-OWNED       3.88      11/02/23      CNY    60.00
ONE BELT ONE ROAD JIA       4.70      07/15/23      CNY    40.44
ONE BELT ONE ROAD JIA       4.70      07/15/23      CNY    40.45
PANJIN WATER GROUP CO       5.18      10/28/23      CNY    36.52
PANSHAN COUNTY STATE-       7.48      01/21/22      CNY    20.06
PANSHAN COUNTY STATE-       7.48      01/21/22      CNY    20.06
PANZHIHUA STATE OWNED       8.18      03/13/22      CNY    20.21
PANZHIHUA STATE OWNED       8.18      03/13/22      CNY    20.45
PEIXIAN CITY INVESTME       5.20      11/10/22      CNY    40.00
PEIXIAN CITY INVESTME       5.20      11/10/22      CNY    40.19
PEIXIAN STATE-OWNED A       5.98      07/19/24      CNY    60.00
PEIXIAN STATE-OWNED A       5.98      07/19/24      CNY    61.01
PEKING UNIVERSITY FOU       6.20      05/31/20      CNY    11.00
PEKING UNIVERSITY FOU       6.15      07/23/20      CNY    11.00
PEKING UNIVERSITY FOU       6.30      09/12/20      CNY    11.00
PEKING UNIVERSITY FOU       4.80      07/26/21      CNY    11.00
PEKING UNIVERSITY FOU       6.10      08/22/21      CNY    11.00
PEKING UNIVERSITY FOU       5.99      11/02/21      CNY    11.00
PEKING UNIVERSITY FOU       5.80      01/28/22      CNY    11.00
PEKING UNIVERSITY FOU       6.68      08/09/23      CNY    11.00
PEKING UNIVERSITY FOU       6.50      11/16/23      CNY    11.00
PEKING UNIVERSITY FOU       6.30      03/04/24      CNY    11.00
PENGSHAN DEVELOPMENT        7.00      09/05/24      CNY    60.00
PENGSHAN DEVELOPMENT        7.00      09/05/24      CNY    62.44
PENGZHOU STATE-PENGZH       3.95      10/20/23      CNY    37.98
PINGHU CITY INVESTMEN       5.13      04/29/23      CNY    40.65
PINGHU CITY INVESTMEN       5.13      04/29/23      CNY    40.65
PINGJIANG COUNTY WATE       6.64      06/27/26      CNY    71.12
PINGLIANG CULTURAL &        6.85      11/30/22      CNY    36.00
PINGLIANG CULTURAL &        6.85      11/30/22      CNY    39.83
PINGTAN COMPREHENSIVE       3.92      01/29/23      CNY    39.60
PINGXIANG CHANGXING I       5.26      04/11/23      CNY    39.31
PINGXIANG CHANGXING I       5.26      04/11/23      CNY    40.40
PINGXIANG HUIFENG INV       6.60      01/26/22      CNY    19.95
PINGXIANG HUIFENG INV       6.60      01/26/22      CNY    19.98
PINGXIANG HUIFENG INV       5.79      09/21/24      CNY    60.70
PINGXIANG HUIFENG INV       5.79      09/21/24      CNY    61.40
PINGYANG STATE-OWNED        4.97      01/08/23      CNY    40.00
PINGYANG STATE-OWNED        4.97      01/08/23      CNY    40.39
PIZHOU CITY HENGRUN I       6.46      12/05/21      CNY    20.03
PIZHOU CITY HENGRUN I       6.46      12/05/21      CNY    22.46
PIZHOU ECONOMIC DEVEL       5.00      10/29/22      CNY    19.79
PIZHOU ECONOMIC DEVEL       5.00      10/29/22      CNY    20.00
PIZHOU ECONOMIC DEVEL       6.66      09/19/24      CNY    61.00
PIZHOU ECONOMIC DEVEL       6.66      09/19/24      CNY    61.82
POYANG INVESTMENT & D       6.53      08/08/24      CNY    60.00
POYANG INVESTMENT & D       6.53      08/08/24      CNY    62.76
PUCHENG INVESTMENT DE       6.57      08/10/24      CNY    60.00
PUCHENG INVESTMENT DE       6.57      08/10/24      CNY    61.60
PUDING YELANG STATE-O       7.79      11/13/24      CNY    74.00
PUTIAN HIGH TECHNOLOG       5.90      05/03/22      CNY    25.13
PUTIAN HIGH TECHNOLOG       5.90      05/03/22      CNY    25.14
PUYANG INVESTMENT GRO       5.18      08/17/24      CNY    61.57
PUYANG INVESTMENT GRO       5.18      08/17/24      CNY    61.69
QIANAN XINGYUAN WATER       6.25      04/22/22      CNY    20.17
QIANAN XINGYUAN WATER       6.25      04/22/22      CNY    20.24
QIANDONGNAN TRANSPORT       5.79      12/21/22      CNY    37.55
QIANDONGNAN TRANSPORT       5.79      12/21/22      CNY    38.10
QIANDONGNANZHOU KAIHO       5.30      09/22/26      CNY    48.25
QIANDONGNANZHOU KAIHO       5.30      09/22/26      CNY    54.03
QIANJIANG URBAN CONST       5.19      12/21/22      CNY    39.98
QIANJIANG URBAN CONST       5.19      12/21/22      CNY    40.00
QIANNAN AUTONOMOUS PR       6.99      04/19/24      CNY    57.36
QIANNAN AUTONOMOUS PR       6.99      04/19/24      CNY    57.42
QIANNAN AUTONOMOUS PR       6.98      07/06/24      CNY    57.01
QIANNAN AUTONOMOUS PR       6.98      07/06/24      CNY    57.18
QIANNANZHOU INVESTMEN       6.43      03/09/22      CNY    19.30
QIANNANZHOU INVESTMEN       6.43      03/09/22      CNY    19.80
QIANNANZHOU INVESTMEN       6.77      07/28/24      CNY    49.80
QIANXINAN AUTONOMOUS        5.90      06/22/23      CNY    39.52
QIANXINAN AUTONOMOUS        5.90      06/22/23      CNY    40.36
QICHUN COUNTY CONSTRU       4.96      10/18/23      CNY    39.38
QICHUN COUNTY CONSTRU       4.96      10/18/23      CNY    39.40
QIDONG COMMUNICATIONS       4.00      03/18/23      CNY    40.08
QIDONG COMMUNICATIONS       4.00      03/18/23      CNY    40.27
QIDONG STATE-OWNED AS       7.30      11/20/22      CNY    30.64
QIDONG STATE-OWNED AS       4.00      03/09/23      CNY    40.17
QIDONG STATE-OWNED AS       4.00      03/09/23      CNY    40.30
QIDONG URBAN CONSTRUC       5.25      08/16/24      CNY    61.80
QIDONG URBAN CONSTRUC       5.25      08/16/24      CNY    62.50
QIHE CITY OPERATION C       5.10      03/07/23      CNY    39.78
QIHE CITY OPERATION C       5.10      03/07/23      CNY    40.01
QINGDAO CHANGYANG INV       3.73      09/12/23      CNY    39.33
QINGDAO CHANGYANG INV       3.73      09/12/23      CNY    39.35
QINGDAO CONSON DEVELO       6.40      12/12/22      CNY    30.51
QINGDAO CONSON DEVELO       6.40      12/12/22      CNY    30.63
QINGDAO JIMO CITY TOU       5.47      11/17/21      CNY    20.01
QINGDAO JIMO CITY TOU       5.47      11/17/21      CNY    21.65
QINGDAO JIMO CITY TOU       5.35      07/10/24      CNY    61.00
QINGDAO JIMO CITY TOU       5.35      07/10/24      CNY    61.41
QINGDAO OCEAN INVESTM       4.36      05/12/23      CNY    40.18
QINGDAO OCEAN INVESTM       4.36      05/12/23      CNY    40.37
QINGDAO SHAOHAI INVES       6.47      10/31/24      CNY    60.23
QINGDAO SHAOHAI INVES       6.47      10/31/24      CNY    61.64
QINGDAO WEST COAST DE       4.26      06/06/23      CNY    40.10
QINGDAO WEST COAST DE       4.26      06/06/23      CNY    40.33
QINGHAI PROVINCIAL IN       7.25      02/22/20      USD    34.62
QINGHAI PROVINCIAL IN       7.88      03/22/21      USD    35.19
QINGHAI PROVINCIAL IN       6.40      07/10/21      USD    35.80
QINGHAI STATE-OWNED A       5.90      12/17/22      CNY    72.00
QINGHAI STATE-OWNED A       5.40      05/21/23      CNY    68.20
QINGHAI STATE-OWNED A       6.38      08/14/28      CNY    70.13
QINGHAI STATE-OWNED A       7.20      11/25/28      CNY    70.13
QINGHAI STATE-OWNED A       6.70      10/10/29      CNY    70.13
QINGZHOU CITY CONSTRU       6.40      07/10/24      CNY    60.00
QINGZHOU CITY CONSTRU       6.40      07/10/24      CNY    61.00
QINGZHOU CITY CONSTRU       6.80      08/25/24      CNY    58.08
QINHUANGDAO CITY DEVE       4.69      04/14/23      CNY    40.09
QINHUANGDAO CITY DEVE       4.69      04/14/23      CNY    40.40
QINHUANGDAO DEVELOPME       4.07      08/26/23      CNY    38.83
QINHUANGDAO DEVELOPME       4.07      08/26/23      CNY    39.53
QIONGLAI CITY CONSTRU       6.98      03/25/22      CNY    20.16
QIONGLAI CITY CONSTRU       6.98      03/25/22      CNY    20.80
QUANJIAO URBAN INFRAS       5.10      05/18/23      CNY    40.03
QUANJIAO URBAN INFRAS       5.10      05/18/23      CNY    40.04
QUJING CITY QILIN DIS       5.37      11/26/22      CNY    39.54
QUJING CITY QILIN DIS       5.37      11/26/22      CNY    41.95
QUJING ECO TECH DEVEL       5.75      06/01/23      CNY    38.46
QUJING ECO TECH DEVEL       5.75      06/01/23      CNY    40.28
RENHUAI CITY DEVELOPM       5.12      04/14/23      CNY    39.01
RENHUAI CITY DEVELOPM       5.12      04/14/23      CNY    39.31
RENQIU CONSTRUCTION I       5.68      11/18/22      CNY    40.38
RENQIU CONSTRUCTION I       5.68      11/18/22      CNY    40.72
RENSHOU DEVELOPMENT O       6.42      12/22/22      CNY    38.00
RENSHOU DEVELOPMENT O       6.42      12/22/22      CNY    40.17
REWARD SCIENCE AND TE       5.53      07/05/21      CNY    29.10
REWARD SCIENCE AND TE       6.40      03/03/22      CNY    70.00
RISESUN REAL ESTATE D       7.22      07/23/23      CNY    27.00
RISESUN REAL ESTATE D       7.18      08/06/23      CNY    30.00
RIZHAO CITY CONSTRUCT       3.98      12/07/22      CNY    40.05
RUCHENG COUNTY URBAN        5.69      02/23/24      CNY    71.75
RUCHENG COUNTY URBAN        5.69      02/23/24      CNY    71.76
RUDONG COUNTY JINXIN        4.57      07/26/23      CNY    39.87
RUDONG COUNTY JINXIN        4.57      07/26/23      CNY    39.97
RUDONG COUNTY JINXIN        3.80      07/26/23      CNY    40.01
RUDONG COUNTY JINXIN        3.80      07/26/23      CNY    40.13
RUDONG COUNTY KAITAI        4.57      01/08/23      CNY    40.27
RUDONG NEW WORLD INVE       4.37      07/18/23      CNY    39.70
RUDONG NEW WORLD INVE       4.37      07/18/23      CNY    39.73
RUGAO ECONOMIC & TRAD       3.95      03/24/23      CNY    40.12
RUGAO ECONOMIC & TRAD       3.95      03/24/23      CNY    40.13
RUGAO TRAFFIC INDUSTR       3.74      03/23/23      CNY    40.02
RUGAO TRAFFIC INDUSTR       3.74      03/23/23      CNY    40.10
RUIAN STATE OWNED ASS       4.56      01/27/23      CNY    39.89
RUIAN STATE OWNED ASS       4.56      01/27/23      CNY    40.43
RUICHANG CITY INVESTM       5.68      03/25/23      CNY    39.88
RUICHANG CITY INVESTM       5.50      06/17/23      CNY    39.93
RUIJIN URBAN DEVELOPM       4.13      09/06/23      CNY    39.37
RUIJIN URBAN DEVELOPM       4.13      09/06/23      CNY    39.61
RUZHOU CITY XINYUAN I       4.43      09/26/23      CNY    35.50
RUZHOU CITY XINYUAN I       4.43      09/26/23      CNY    38.22
SANMEN COUNTY STATE-O       6.80      03/18/22      CNY    20.19
SANMEN COUNTY STATE-O       6.80      03/18/22      CNY    20.20
SANMING STATE-OWNED A       5.10      04/17/24      CNY    61.15
SANMING TRANSPORTATIO       3.68      03/29/23      CNY    39.20
SANMING TRANSPORTATIO       3.68      03/29/23      CNY    40.01
SHAANXI XIXIAN NEW AR       5.10      06/06/23      CNY    39.74
SHAANXI XIXIAN NEW AR       5.10      06/06/23      CNY    39.82
SHAANXI XIXIAN NEW AR       7.10      08/23/24      CNY    61.59
SHAANXI XIXIAN NEW AR       7.10      08/23/24      CNY    62.09
SHAANXI XIXIAN NEW AR       6.89      01/05/22      CNY    19.26
SHAANXI XIXIAN NEW AR       6.89      01/05/22      CNY    20.05
SHAANXI XIXIAN NEW AR       6.67      08/23/24      CNY    60.10
SHAANXI XIXIAN NEW AR       6.67      08/23/24      CNY    60.27
SHAANXI XIXIAN NEW AR       5.15      11/27/22      CNY    40.08
SHAANXI XIXIAN NEW AR       5.15      11/27/22      CNY    41.01
SHANDONG BOXING COUNT       8.00      12/22/21      CNY    20.10
SHANDONG BOXING COUNT       8.00      12/22/21      CNY    20.15
SHANDONG GAOCHUANG CO       6.05      06/18/22      CNY    20.06
SHANDONG GAOCHUANG CO       6.05      06/18/22      CNY    22.45
SHANDONG RUYI TECHNOL       7.90      09/18/23      CNY    52.10
SHANDONG TENGJIAN INV       6.00      06/08/22      CNY    20.00
SHANDONG TENGJIAN INV       6.00      06/08/22      CNY    20.04
SHANDONG WANTONG PETR       7.97      11/29/21      CNY     0.20
SHANGHAI MINHANG URBA       5.63      04/20/22      CNY    20.14
SHANGHAI MINHANG URBA       5.63      04/20/22      CNY    20.48
SHANGHAI MUNICIPAL IN       4.80      11/05/24      CNY    45.79
SHANGHAI MUNICIPAL IN       4.80      11/05/24      CNY    46.01
SHANGHAI SHIMAO CO LT       3.60      03/05/23      CNY    48.00
SHANGHAI SHIMAO JIANS       3.23      03/25/25      CNY    82.00
SHANGHAI URBAN CONSTR       3.50      01/06/23      CNY    40.00
SHANGHAI URBAN CONSTR       3.50      01/06/23      CNY    40.03
SHANGRAO CITY STATE-O       4.65      01/29/23      CNY    39.97
SHANGRAO CITY STATE-O       4.65      01/29/23      CNY    40.42
SHANTOU CITY CONSTRUC       8.57      03/23/22      CNY    15.28
SHANTOU CITY CONSTRUC       8.57      03/23/22      CNY    15.28
SHANTOU INVESTMENT HO       7.99      03/04/24      CNY    44.60
SHANTOU INVESTMENT HO       7.99      03/04/24      CNY    47.57
SHANXI INTERNATIONAL        5.88      05/24/22      CNY    29.40
SHANXI XIANG KUANG GR       8.80      02/11/22      CNY    24.50
SHANXI XIANG KUANG GR       8.80      02/11/22      CNY    40.40
SHAODONG NEW AREA DEV       7.10      04/19/24      CNY    62.69
SHAODONG NEW AREA DEV       7.10      04/19/24      CNY    62.70
SHAOGUAN URBAN INVEST       3.67      10/25/24      CNY    54.87
SHAOGUAN URBAN INVEST       3.67      10/25/24      CNY    54.97
SHAOWU URBAN CONSTRUC       5.88      09/11/22      CNY    20.03
SHAOWU URBAN CONSTRUC       5.88      09/11/22      CNY    23.39
SHAOXING CHENGZHONGCU       6.09      04/27/22      CNY    20.18
SHAOXING CITY INVESTM       5.75      04/17/22      CNY    20.27
SHAOXING CITY INVESTM       5.75      04/17/22      CNY    28.00
SHAOXING JINGHU NEW D       6.13      04/30/22      CNY    20.19
SHAOXING JINGHU NEW D       6.13      04/30/22      CNY    20.20
SHAOXING KEQIAO CITY        3.64      09/19/23      CNY    40.01
SHAOXING KEQIAO CITY        3.64      09/19/23      CNY    40.10
SHAOXING KEQIAO CITY        5.74      08/03/24      CNY    60.00
SHAOXING KEQIAO CITY        5.74      08/03/24      CNY    62.03
SHAOXING KEQIAO ECONO       7.00      12/10/21      CNY    20.00
SHAOXING KEQIAO ECONO       7.00      12/10/21      CNY    20.05
SHAOXING KEYAN CONSTR       6.28      03/24/22      CNY    20.00
SHAOXING KEYAN CONSTR       6.28      03/24/22      CNY    20.21
SHAOXING SHANGYU ECON       4.76      04/11/23      CNY    40.32
SHAOXING SHANGYU ECON       4.76      04/11/23      CNY    40.42
SHAOYANG BAOQING INDU       5.78      07/04/26      CNY    62.45
SHAOYANG CITY CONSTRU       5.98      09/01/24      CNY    60.00
SHAOYANG CITY CONSTRU       5.98      09/01/24      CNY    60.19
SHAOYANG DULIANG INVE       5.50      04/13/23      CNY    38.72
SHAOYANG DULIANG INVE       5.50      04/13/23      CNY    40.15
SHENGZHOU INVESTMENT        5.35      07/20/24      CNY    61.93
SHENGZHOU INVESTMENT        5.35      07/20/24      CNY    62.30
SHENYANG DADONG STATE       6.05      03/20/22      CNY    20.00
SHENYANG DADONG STATE       6.05      03/20/22      CNY    20.09
SHENYANG ECONOMIC AFF       7.17      04/29/22      CNY    20.27
SHENYANG ECONOMIC AFF       7.17      04/29/22      CNY    20.30
SHENYANG TIEXI STATE-       6.00      01/14/22      CNY    20.05
SHENYANG TIEXI STATE-       6.00      01/14/22      CNY    27.50
SHENZHEN METRO GROUP        5.40      03/25/23      CNY    30.53
SHENZHEN METRO GROUP        5.40      03/25/23      CNY    30.63
SHENZHEN METRO GROUP        6.75      01/24/24      CNY    46.80
SHIJIAZHUANG HUTUO NE       5.28      12/24/25      CNY    55.00
SHIJIAZHUANG HUTUO NE       5.28      12/24/25      CNY    56.20
SHIJIAZHUANG STATE-OW       5.75      04/09/22      CNY    20.15
SHIJIAZHUANG STATE-OW       5.75      04/09/22      CNY    27.20
SHISHI CITY CONSTRUCT       6.10      05/04/22      CNY    20.16
SHISHI CITY CONSTRUCT       6.10      05/04/22      CNY    20.20
SHISHOU BOYA CITY CON       6.98      06/15/24      CNY    61.82
SHIYAN ECO DEVELOPMEN       3.98      08/05/23      CNY    39.50
SHIYAN ECO DEVELOPMEN       3.98      08/05/23      CNY    39.66
SHIYAN STATE-OWNED CA       4.88      01/11/26      CNY    70.98
SHIYAN STATE-OWNED CA       4.88      01/11/26      CNY    71.00
SHIYAN YUNYANG INVEST       6.40      07/10/24      CNY    61.37
SHIZHU TUJIA HONGSHEN       7.00      11/13/24      CNY    64.00
SHOU COUNTY STATE-OWN       6.20      10/13/24      CNY    60.00
SHOU COUNTY STATE-OWN       6.20      10/13/24      CNY    60.87
SHUCHENG COUNTY URBAN       5.50      04/29/23      CNY    40.66
SHUCHENG COUNTY URBAN       5.50      04/29/23      CNY    40.66
SHUYANG JINGYUAN ASSE       5.49      09/11/22      CNY    20.18
SHUYANG JINGYUAN ASSE       5.49      09/11/22      CNY    20.20
SICHUAN CHENG'A DEVEL       7.50      11/06/24      CNY    63.55
SICHUAN COAL GASIFICA       7.00      04/18/23      CNY    40.65
SICHUAN COAL INDUSTRY       7.70      01/09/18      CNY    45.00
SICHUAN JINCAI JINXIN       7.08      07/31/24      CNY    59.68
SICHUAN JINCAI JINXIN       7.08      07/31/24      CNY    62.00
SICHUAN LANGUANG DEVE       7.50      07/11/21      CNY    12.63
SICHUAN LANGUANG DEVE       6.50      07/29/21      CNY    12.63
SICHUAN LANGUANG DEVE       7.50      08/12/21      CNY    12.63
SICHUAN LANGUANG DEVE       7.40      09/14/21      CNY    30.45
SICHUAN LANGUANG DEVE       7.50      07/23/22      CNY    42.00
SICHUAN LANGUANG DEVE       7.00      09/29/22      CNY    12.63
SICHUAN LANGUANG DEVE       7.00      10/26/22      CNY    12.63
SICHUAN LANGUANG DEVE       7.50      11/22/22      CNY    12.63
SICHUAN LANGUANG DEVE       7.20      03/11/23      CNY    12.63
SICHUAN LANGUANG DEVE       7.15      03/16/23      CNY    24.00
SICHUAN LANGUANG DEVE       7.20      05/11/23      CNY    12.63
SICHUAN LANGZHONG FAM       5.60      04/19/23      CNY    39.87
SICHUAN LANGZHONG FAM       5.60      04/19/23      CNY    40.20
SICHUAN LONGYANG TIAN       5.45      05/27/23      CNY    39.92
SICHUAN LONGYANG TIAN       5.45      05/27/23      CNY    40.17
SICHUAN NAXING INDUST       6.80      08/18/22      CNY    25.09
SICHUAN NAXING INDUST       4.68      03/31/23      CNY    38.76
SICHUAN NAXING INDUST       4.68      03/31/23      CNY    39.25
SICHUAN QINBA NEWCITY       6.68      07/07/24      CNY    58.74
SICHUAN QINBA NEWCITY       6.68      07/07/24      CNY    60.00
SICHUAN QINBA NEWCITY       6.91      07/25/24      CNY    59.16
SICHUAN QINBA NEWCITY       6.91      07/25/24      CNY    60.00
SICHUAN RENSHOU XINLO       7.00      06/27/24      CNY    61.90
SICHUAN TIANYIN INDUS       6.79      03/25/22      CNY    20.07
SICHUAN TIANYIN INDUS       6.79      03/25/22      CNY    28.00
SIHONG COUNTY HONG YU       6.15      03/16/22      CNY    20.06
SIHONG COUNTY HONG YU       6.15      03/16/22      CNY    20.35
SIHUI STATE OWNED ASS       4.59      01/14/23      CNY    39.66
SIHUI STATE OWNED ASS       4.59      01/14/23      CNY    40.29
SIYANG COUNTY MINKANG       4.94      01/21/23      CNY    40.35
SIYANG COUNTY MINKANG       4.94      01/21/23      CNY    40.56
SIYANG COUNTY MINKANG       7.40      07/31/24      CNY    61.38
SIYANG COUNTY MINKANG       7.40      07/31/24      CNY    62.33
SONGYUAN URBAN DEVELO       5.79      12/04/21      CNY    19.97
SONGYUAN URBAN DEVELO       5.79      12/04/21      CNY    20.78
SUINING COUNTY RUNQI        5.42      11/20/22      CNY    40.00
SUINING COUNTY RUNQI        5.42      11/20/22      CNY    40.01
SUINING COUNTY RUNQI        6.78      11/02/24      CNY    59.70
SUINING COUNTY RUNQI        6.78      11/02/24      CNY    80.63
SUINING FUYUAN INDUST       6.39      03/17/22      CNY    19.99
SUINING FUYUAN INDUST       6.39      03/17/22      CNY    24.18
SUINING FUYUAN INDUST       5.34      12/02/23      CNY    57.88
SUINING FUYUAN INDUST       5.34      12/02/23      CNY    60.18
SUINING KAIDA INVESTM       4.89      04/08/23      CNY    38.78
SUINING KAIDA INVESTM       4.89      04/08/23      CNY    39.01
SUINING ROUGANG INVES       5.65      01/24/24      CNY    60.32
SUINING ROUGANG INVES       6.80      08/02/24      CNY    61.74
SUINING ROUGANG INVES       6.80      08/02/24      CNY    61.75
SUINING TIANTAI INDUS       5.98      03/28/24      CNY    59.10
SUINING TIANTAI INDUS       5.98      03/28/24      CNY    60.84
SUINING TIANTAI INDUS       6.80      11/01/24      CNY    75.00
SUIZHOU DEVELOPMENT I       5.70      04/07/24      CNY    60.54
SUIZHOU DEVELOPMENT I       5.70      04/07/24      CNY    60.91
SUIZHOU DEVELOPMENT I       5.97      09/15/24      CNY    60.00
SUIZHOU DEVELOPMENT I       5.97      09/15/24      CNY    61.43
SUIZHOU HIGH-TECH IND       4.47      03/25/23      CNY    39.70
SUIZHOU HIGH-TECH IND       4.47      03/25/23      CNY    39.81
SUIZHOU YULONG WATER        6.10      03/28/23      CNY    42.51
SUNAC REAL ESTATE GRO       5.60      05/27/25      CNY    67.00
SUNING APPLIANCE GROU       7.30      02/02/23      CNY    27.11
SUQIAN CITY CONSTRUCT       5.30      07/11/24      CNY    61.80
SUQIAN CITY CONSTRUCT       5.30      07/11/24      CNY    61.87
SUQIAN ECONOMIC DEVEL       5.40      04/20/24      CNY    61.39
SUQIAN ECONOMIC DEVEL       5.40      04/20/24      CNY    61.88
SUQIAN HUBIN XINCHENG       6.85      08/02/24      CNY    57.54
SUQIAN HUBIN XINCHENG       6.85      08/02/24      CNY    60.00
SUQIAN HUBIN XINCHENG       6.93      08/25/24      CNY    56.91
SUQIAN HUBIN XINCHENG       6.93      08/25/24      CNY    60.00
SUQIAN YUFENG ASSET M       5.50      04/21/24      CNY    60.43
SUQIAN YUFENG ASSET M       5.50      04/21/24      CNY    64.26
SUZHOU CITY CONSTRUCT       3.89      03/24/23      CNY    40.14
SUZHOU CITY CONSTRUCT       3.89      03/24/23      CNY    40.17
SUZHOU CITY HENGCHENG       4.40      03/01/23      CNY    39.60
SUZHOU CITY HENGCHENG       4.40      03/01/23      CNY    39.99
SUZHOU MAANSHAN INVES       6.10      08/03/24      CNY    62.29
SUZHOU MAANSHAN INVES       6.10      08/03/24      CNY    62.30
SUZHOU NEW & HIGH-TEC       4.18      03/23/23      CNY    39.96
SUZHOU NEW & HIGH-TEC       4.18      03/23/23      CNY    40.27
SUZHOU NEW AREA CONST       5.98      08/04/24      CNY    60.00
SUZHOU NEW AREA CONST       5.98      08/04/24      CNY    60.96
SUZHOU WUJIANG DISTRI       5.25      07/08/22      CNY    20.31
SUZHOU WUZHONG CITY C       5.90      11/06/24      CNY    61.05
TAIAN TAISHAN HOLDING       5.50      04/26/23      CNY    40.16
TAIAN TAISHAN HOLDING       5.50      04/26/23      CNY    40.24
TAICANG SCIENCE EDUCA       5.54      08/28/22      CNY    20.29
TAICANG SCIENCE EDUCA       5.54      08/28/22      CNY    24.60
TAIHE STATE OWN ASSET       5.87      08/07/24      CNY    60.86
TAIHE STATE OWN ASSET       5.87      08/07/24      CNY    63.35
TAIXING HONGQIAO PARK       5.03      10/29/22      CNY    19.60
TAIXING HONGQIAO PARK       5.03      10/29/22      CNY    19.64
TAIZHOU CITY CONSTRUC       6.92      10/16/23      CNY    31.41
TAIZHOU CITY HUANGYAN       6.10      08/01/24      CNY    62.37
TAIZHOU CITY HUANGYAN       6.10      08/01/24      CNY    63.60
TAIZHOU CITY HUANGYAN       6.22      09/14/24      CNY    59.38
TAIZHOU CITY HUANGYAN       6.22      09/14/24      CNY    62.65
TAIZHOU GAOGANG HI-TE       5.54      06/22/24      CNY    61.66
TAIZHOU GAOGANG HI-TE       5.54      06/22/24      CNY    63.70
TAIZHOU HAILING CITY        4.60      12/14/22      CNY    40.00
TAIZHOU HAILING CITY        4.60      12/14/22      CNY    40.28
TAIZHOU JIAOJIANG STA       6.18      07/06/22      CNY    20.39
TAIZHOU JIAOJIANG STA       6.18      07/06/22      CNY    24.00
TAIZHOU JINDONG URBAN       5.10      06/02/23      CNY    40.03
TAIZHOU JINDONG URBAN       5.10      06/02/23      CNY    40.05
TAIZHOU XINTAI GROUP        4.07      03/23/23      CNY    39.99
TAIZHOU XINTAI GROUP        4.07      03/23/23      CNY    40.15
TIANCHANG CITY CONSTR       4.99      12/05/23      CNY    57.23
TIANCHANG CITY CONSTR       4.99      12/05/23      CNY    59.97
TIANJIN BINHAI NEW AR       6.10      11/23/21      CNY    24.12
TIANJIN BOHAI STATE-O       3.82      04/18/23      CNY    38.10
TIANJIN BOHAI STATE-O       3.82      04/18/23      CNY    38.39
TIANJIN BOHAI STATE-O       4.10      04/18/26      CNY    63.33
TIANJIN BOHAI STATE-O       4.10      04/18/26      CNY    70.00
TIANJIN DONGFANG CAIX       5.19      01/29/22      CNY    19.86
TIANJIN DONGFANG CAIX       7.99      08/01/24      CNY    66.58
TIANJIN DONGLI CITY I       4.28      12/02/22      CNY    40.20
TIANJIN ECONOMIC TECH       6.50      12/03/22      CNY    29.63
TIANJIN ECONOMIC TECH       6.50      12/03/22      CNY    30.15
TIANJIN GUANGCHENG IN       6.97      02/22/23      CNY    30.48
TIANJIN HUANCHENG URB       5.75      04/27/22      CNY    20.12
TIANJIN HUANCHENG URB       5.75      04/27/22      CNY    20.50
TIANJIN INFRASTRUCTUR       5.70      02/26/23      CNY    24.22
TIANJIN INFRASTRUCTUR       5.70      02/26/23      CNY    30.44
TIANJIN INFRASTRUCTUR       4.64      05/21/29      CNY    71.20
TIANJIN METRO GROUP C       4.27      10/16/25      CNY    60.15
TIANJIN METRO GROUP C       4.27      10/16/25      CNY    64.00
TIANJIN NINGHE INVEST       5.50      04/22/23      CNY    38.89
TIANJIN NINGHE INVEST       5.50      04/22/23      CNY    40.21
TIANJIN RAILWAY CONST       5.58      04/13/25      CNY    59.95
TIANJIN REAL ESTATE G       4.50      09/29/20      USD    73.75
TIANJIN WUQING STATE-       4.15      11/17/22      CNY    40.11
TIANJIN WUQING STATE-       4.15      11/17/22      CNY    40.25
TIANMEN CITY CONSTRUC       3.98      11/15/23      CNY    59.86
TIANMEN CITY CONSTRUC       3.98      11/15/23      CNY    60.07
TONGLING CONSTRUCTION       4.12      03/14/23      CNY    40.00
TONGLING CONSTRUCTION       4.12      03/14/23      CNY    40.17
TONGLING CONSTRUCTION       5.77      07/31/24      CNY    60.00
TONGLING CONSTRUCTION       5.77      07/31/24      CNY    61.94
TONGLING CONSTRUCTION       5.80      08/16/24      CNY    61.03
TONGLING CONSTRUCTION       5.80      08/16/24      CNY    62.07
TSINGHUA HOLDINGS COR       4.95      08/08/22      CNY    36.40
TSINGHUA UNIGROUP CO        5.60      11/15/20      CNY    25.50
TSINGHUA UNIGROUP CO        6.20      03/16/21      CNY    25.50
TSINGHUA UNIGROUP CO        6.15      12/26/21      CNY    25.50
TSINGHUA UNIGROUP CO        4.94      03/25/22      CNY    16.55
TSINGHUA UNIGROUP CO        5.85      03/27/22      CNY    16.88
TSINGHUA UNIGROUP CO        6.00      08/14/22      CNY    25.50
TSINGHUA UNIGROUP CO        5.20      12/10/23      CNY    11.65
TSINGHUA UNIGROUP CO        5.11      01/25/24      CNY    13.00
TULUFAN DISTRICT STAT       6.20      03/19/22      CNY    20.10
TULUFAN DISTRICT STAT       6.20      03/19/22      CNY    20.19
TUNGHSU GROUP CO LTD        6.55      03/13/22      CNY    45.00
ULANQAB CITY INVESTME       8.39      04/25/22      CNY    25.29
URUMQI ECO&TECH DEVEL       6.40      04/13/22      CNY    20.00
URUMQI ECO&TECH DEVEL       6.40      04/13/22      CNY    20.16
WANGCHENG ECONOMIC DE       6.57      01/22/22      CNY    20.15
WANGCHENG ECONOMIC DE       6.57      01/22/22      CNY    28.81
WANGCHENG ECONOMIC DE       3.75      07/13/23      CNY    40.30
WANGCHENG ECONOMIC DE       3.75      07/13/23      CNY    40.32
WEICHI HOLDING GROUP        6.18      07/24/24      CNY    60.00
WEICHI HOLDING GROUP        6.18      07/24/24      CNY    61.10
WEIFANG GONGXIN STATE       5.00      07/13/26      CNY    69.77
WEIFANG GONGXIN STATE       5.00      07/13/26      CNY    69.94
WEIHAI CENTRAL CITY S       6.05      11/02/24      CNY    60.00
WEIHAI CENTRAL CITY S       6.05      11/02/24      CNY    61.13
WEIHAI CITY SHUANGDAO       5.32      04/28/24      CNY    60.30
WEIHAI CITY SHUANGDAO       5.32      04/28/24      CNY    61.02
WEIHAI ECONOMIC TECHN       5.80      08/23/24      CNY    60.00
WEIHAI ECONOMIC TECHN       5.80      08/23/24      CNY    60.86
WEIHAI LANCHUANG CONS       4.80      12/17/22      CNY    39.25
WEIHAI LANCHUANG CONS       4.80      12/17/22      CNY    39.39
WEIHAI URBAN CONSTRUC       3.33      03/02/23      CNY    38.40
WEIHAI URBAN CONSTRUC       3.33      03/02/23      CNY    40.21
WEIHAI WENDENG DISTRI       3.64      10/26/23      CNY    39.10
WEIHAI WENDENG DISTRI       3.64      10/26/23      CNY    39.30
WEIHAI WENDENG URBAN        4.80      05/26/23      CNY    39.19
WEIHAI WENDENG URBAN        4.80      05/26/23      CNY    39.89
WEINAN CITY INVESTMEN       6.09      03/11/22      CNY    20.00
WEINAN CITY INVESTMEN       6.09      03/11/22      CNY    20.09
WENDENG GOLDEN BEACH        3.97      03/21/23      CNY    39.49
WENDENG GOLDEN BEACH        3.97      03/21/23      CNY    39.68
WENS FOODSTUFFS GROUP       3.26      10/29/30      USD    72.42
WENSHAN URBAN CONSTRU       4.50      09/13/23      CNY    37.12
WENSHAN URBAN CONSTRU       4.50      09/13/23      CNY    39.74
WENZHOU CITY CONSTRUC       4.05      01/25/23      CNY    40.22
WENZHOU CITY CONSTRUC       4.05      01/25/23      CNY    40.25
WENZHOU CITY CONSTRUC       5.00      04/26/23      CNY    40.58
WENZHOU CITY CONSTRUC       5.00      04/26/23      CNY    40.73
WENZHOU GANGCHENG DEV       5.19      03/29/23      CNY    40.35
WENZHOU GANGCHENG DEV       5.19      03/29/23      CNY    40.38
WENZHOU HIGH-TECH IND       5.90      09/18/24      CNY    56.50
WENZHOU HIGH-TECH IND       5.90      09/18/24      CNY    61.95
WENZHOU MINKE INDUSTR       6.44      07/18/24      CNY    60.00
WENZHOU MINKE INDUSTR       6.44      07/18/24      CNY    60.76
WENZHOU OUHAI NEW CIT       3.98      10/26/23      CNY    39.42
WENZHOU OUHAI NEW CIT       3.98      10/26/23      CNY    40.33
WINTIME ENERGY CO LTD       7.00      07/05/18      CNY    43.63
WINTIME ENERGY CO LTD       7.30      08/06/18      CNY    43.63
WINTIME ENERGY CO LTD       7.00      08/25/18      CNY    43.63
WINTIME ENERGY CO LTD       6.78      10/23/18      CNY    43.63
WINTIME ENERGY CO LTD       7.00      12/15/18      CNY    43.63
WINTIME ENERGY CO LTD       7.00      03/19/19      CNY    43.63
WINTIME ENERGY CO LTD       7.00      04/26/19      CNY    43.63
WINTIME ENERGY CO LTD       7.70      11/15/20      CNY    43.63
WINTIME ENERGY CO LTD       7.50      11/16/20      CNY    43.63
WINTIME ENERGY CO LTD       7.50      12/06/20      CNY    43.63
WINTIME ENERGY CO LTD       7.90      12/22/20      CNY    43.63
WINTIME ENERGY CO LTD       7.90      03/29/21      CNY    43.63
WINTIME ENERGY CO LTD       7.50      04/04/21      CNY    43.63
WINTIME ENERGY CO LTD       4.75      07/07/22      CNY    43.63
WUHAN CITY HUANPI DIS       5.48      04/19/24      CNY    61.37
WUHAN GUOYU LOGISTICS       7.00      08/06/16      CNY     1.00
WUHAN HONGSHAN CITY C       5.68      08/10/24      CNY    60.67
WUHAN HONGSHAN CITY C       5.68      08/10/24      CNY    61.95
WUHAN HONGSHAN CITY C       5.68      10/12/24      CNY    60.65
WUHAN HONGSHAN CITY C       5.68      10/12/24      CNY    61.70
WUHAN JIANGXIA URBAN        4.80      06/03/23      CNY    40.31
WUHAN JIANGXIA URBAN        4.80      06/03/23      CNY    40.31
WUHAN METRO GROUP CO        5.25      04/14/22      CNY    20.13
WUHAN METRO GROUP CO        5.25      04/14/22      CNY    20.37
WUHAN QIAOKOU STATE O       3.48      08/29/23      CNY    38.93
WUHAN QIAOKOU STATE O       3.48      08/29/23      CNY    39.88
WUHAN URBAN CONSTRUCT       4.99      06/15/24      CNY    75.00
WUHU COMMUNICATIONS I       4.50      04/28/23      CNY    40.20
WUHU COMMUNICATIONS I       4.50      04/28/23      CNY    40.54
WUHU COMMUNICATIONS I       3.58      09/23/23      CNY    39.32
WUHU COMMUNICATIONS I       3.58      09/23/23      CNY    40.13
WUHU COUNTY CONSTRUCT       6.60      12/08/21      CNY    20.05
WUHU COUNTY CONSTRUCT       6.60      12/08/21      CNY    20.05
WUHU JINGHU CONSTRUCT       4.37      07/20/23      CNY    40.13
WUHU JINGHU CONSTRUCT       4.37      07/20/23      CNY    40.24
WUHU JIUJIANG CONSTRU       3.96      03/21/23      CNY    40.09
WUHU XINMA INVESTMENT       4.87      11/04/22      CNY    20.21
WUSHENG CITY INVESTME       7.05      11/03/24      CNY    58.50
WUSHENG CITY INVESTME       7.05      11/03/24      CNY    59.52
WUXI EAST SCIENCE & T       5.73      09/14/24      CNY    60.00
WUXI EAST SCIENCE & T       5.73      09/14/24      CNY    62.24
WUXI FOOD SCIENCE PAR       5.70      09/28/24      CNY    62.00
WUXI FOOD SCIENCE PAR       5.70      09/28/24      CNY    62.07
WUXI HUIKAI ECONOMIC        4.16      04/08/23      CNY    39.83
WUXI HUIKAI ECONOMIC        4.16      04/08/23      CNY    40.32
WUXI TAIHU NEW CITY D       4.49      05/03/23      CNY    40.30
WUXI TAIHU NEW CITY D       4.49      05/03/23      CNY    40.30
WUXI TAIHU NEW CITY D       3.47      08/29/23      CNY    39.50
WUXI TAIHU NEW CITY D       3.47      08/29/23      CNY    39.89
WUXI XIDONG NEW TOWN        3.92      11/09/23      CNY    40.25
WUXI XIDONG NEW TOWN        3.92      11/09/23      CNY    60.22
WUYANG CONSTRUCTION G       7.80      09/11/20      CNY    32.48
XIAMEN YUZHOU GRAND F       7.50      04/03/24      CNY    37.99
XIAN FENGDONG DEVELOP       4.67      01/08/23      CNY    39.90
XIAN FENGDONG DEVELOP       4.67      01/08/23      CNY    39.93
XI'AN PIONEERING PARK       6.20      05/02/24      CNY    60.28
XI'AN PIONEERING PARK       6.20      05/02/24      CNY    61.78
XIANGSHUI GUANJIANG H       4.98      12/24/22      CNY    38.00
XIANGSHUI GUANJIANG H       4.98      12/24/22      CNY    39.19
XIANGTAN CITY INFRAST       3.95      08/04/23      CNY    36.72
XIANGTAN CITY INFRAST       3.95      08/04/23      CNY    37.55
XIANGTAN CITY INFRAST       3.60      08/04/23      CNY    38.82
XIANGTAN JIUHUA ECONO       6.59      01/21/22      CNY    19.84
XIANGTAN JIUHUA ECONO       5.00      07/25/26      CNY    57.40
XIANGTAN JIUHUA ECONO       5.00      07/25/26      CNY    69.05
XIANGTAN WANLOU XINCH       6.90      01/14/22      CNY    19.80
XIANGTAN WANLOU XINCH       6.90      01/14/22      CNY    20.00
XIANGXIANG CITY DONGS       6.20      08/03/24      CNY    60.38
XIANGXIANG CITY DONGS       6.20      08/03/24      CNY    61.21
XIANGXIANG ECONOMIC D       5.28      09/09/23      CNY    37.44
XIANGXIANG ECONOMIC D       5.28      09/09/23      CNY    38.28
XIANGXIANG URBAN CONS       5.84      05/18/23      CNY    39.94
XIANGXIANG URBAN CONS       5.84      05/18/23      CNY    40.07
XIANGXIANG URBAN CONS       7.50      10/27/24      CNY    60.00
XIANGXIANG URBAN CONS       7.50      10/27/24      CNY    62.91
XIANGYANG CITY XIANGZ       5.18      04/28/23      CNY    40.10
XIANGYANG CITY XIANGZ       5.18      04/28/23      CNY    40.39
XIANGYANG HIGH TECH S       6.25      06/12/24      CNY    62.22
XIANGYANG HIGH TECH S       6.25      06/12/24      CNY    62.26
XIANGYANG STATE-OWNED       4.62      01/25/23      CNY    39.85
XIANGYANG STATE-OWNED       4.62      01/25/23      CNY    39.85
XIANGYANG STATE-OWNED       6.10      07/19/24      CNY    60.00
XIANGYANG STATE-OWNED       6.10      07/19/24      CNY    60.50
XIANNING HIGH-TECH IN       6.29      02/10/22      CNY    20.10
XIANNING HIGH-TECH IN       6.29      02/10/22      CNY    20.56
XIANNING HIGH-TECH IN       6.60      06/01/27      CNY    71.40
XIANNING HIGH-TECH IN       6.60      06/01/27      CNY    72.61
XIANTAO CITY CONSTRUC       4.59      04/18/23      CNY    40.29
XIANTAO CITY CONSTRUC       4.59      04/18/23      CNY    40.30
XIAOCHANG SHUNHE DEVE       4.15      10/17/23      CNY    39.20
XIAOXIAN COUNTY DEVEL       4.85      06/22/23      CNY    39.98
XIAOXIAN COUNTY DEVEL       4.85      06/22/23      CNY    40.48
XINDONGGANG HOLDING G       5.53      04/27/23      CNY    39.65
XINDONGGANG HOLDING G       5.53      04/27/23      CNY    39.80
XINGAN COUNTY URBAN C       5.48      08/03/23      CNY    38.98
XINGAN COUNTY URBAN C       5.48      08/03/23      CNY    40.16
XINGAN LEAGUE URBAN D       6.18      12/21/22      CNY    26.94
XINGAN LEAGUE URBAN D       6.18      12/21/22      CNY    28.37
XINGHUA CITY ECONOMIC       5.28      06/13/22      CNY    25.02
XINGNING YONGYE INFRA       5.99      07/24/24      CNY    60.00
XINGNING YONGYE INFRA       5.99      07/24/24      CNY    61.73
XINGYI XINHENG URBAN        5.40      12/16/22      CNY    18.40
XINGYI XINHENG URBAN        5.40      12/16/22      CNY    40.03
XINJIANG UYGUR AR HAM       6.55      10/27/24      CNY    60.00
XINJIANG UYGUR AR HAM       6.55      10/27/24      CNY    82.17
XINJIN NEW CITY DEVEL       7.30      10/23/24      CNY    60.00
XINJIN NEW CITY DEVEL       7.30      10/23/24      CNY    61.16
XINMI CAIYUAN CITY CO       4.35      02/28/23      CNY    39.98
XINMI CAIYUAN CITY CO       4.35      02/28/23      CNY    40.00
XINTAI CITY COORDINAT       6.35      03/23/22      CNY    20.05
XINTAI CITY COORDINAT       6.35      03/23/22      CNY    20.75
XINYI CITY INVESTMENT       4.30      01/19/23      CNY    39.47
XINYI CITY INVESTMENT       4.30      01/19/23      CNY    40.00
XINYI ECONOMIC DEVELO       6.66      09/27/24      CNY    54.50
XINYI ECONOMIC DEVELO       6.66      09/27/24      CNY    59.20
XINYI URBAN TRANSPORT       6.14      02/06/22      CNY    20.16
XINYI URBAN TRANSPORT       6.14      02/06/22      CNY    20.34
XINYI URBAN TRANSPORT       5.35      04/24/24      CNY    61.04
XINYI URBAN TRANSPORT       5.35      04/24/24      CNY    62.57
XINYU CITY SHANTYTOWN       6.50      11/13/22      CNY    70.32
XINYU CITY YUSHUI DIS       7.70      06/24/22      CNY    20.35
XINYU CITY YUSHUI DIS       7.70      06/24/22      CNY    20.44
XISHUI COUNTY FENGZHU       6.52      07/28/24      CNY    61.53
XISHUI COUNTY FENGZHU       6.52      07/28/24      CNY    62.50
XIWANG GROUP CO LTD         7.80      12/03/22      CNY    49.94
XUANCHENG STATE-OWNED       4.12      04/07/23      CNY    40.29
XUANCHENG STATE-OWNED       4.12      04/07/23      CNY    40.36
XUCHANG GENERAL INVES       5.74      08/17/24      CNY    60.16
XUZHOU CITY JIAWANG C       4.00      03/23/23      CNY    40.07
XUZHOU CITY TONGSHAN        5.23      09/18/22      CNY    20.00
XUZHOU CITY TONGSHAN        5.23      09/18/22      CNY    20.34
XUZHOU HI-TECH INDUST       3.78      11/11/23      CNY    59.89
XUZHOU HI-TECH INDUST       3.78      11/11/23      CNY    60.10
XUZHOU XINSHENG INVES       5.13      08/12/22      CNY    20.34
XUZHOU XINSHENG INVES       5.13      08/12/22      CNY    24.46
YAN'AN NEW CITY CONST       5.60      04/21/24      CNY    60.62
YANCHENG GUANDONG ECO       6.42      05/16/24      CNY    60.29
YANCHENG GUANDONG ECO       6.42      05/16/24      CNY    60.80
YANCHENG HIGH-TECH ZO       3.90      12/14/22      CNY    40.00
YANCHENG HIGH-TECH ZO       3.90      12/14/22      CNY    40.04
YANCHENG YANDU DISTRI       3.67      03/17/23      CNY    39.18
YANCHENG YANDU DISTRI       3.67      03/17/23      CNY    39.76
YANGJIANG HENGCAI CIT       6.24      04/14/22      CNY    20.24
YANGJIANG HENGCAI CIT       6.24      04/14/22      CNY    21.20
YANGO GROUP CO LTD          7.50      03/22/22      CNY    19.45
YANGO GROUP CO LTD          7.40      03/24/22      CNY    17.86
YANGO GROUP CO LTD          6.90      10/31/22      CNY    20.15
YANGO GROUP CO LTD          6.95      04/24/24      CNY    25.30
YANGO GROUP CO LTD          7.00      08/24/24      CNY    23.50
YANGO GROUP CO LTD          6.80      10/28/24      CNY    20.35
YANGO GROUP CO LTD          6.67      10/14/25      CNY    22.00
YANGO JUSTICE INTERNA       5.30      01/11/22      USD    24.86
YANGO JUSTICE INTERNA      10.25      03/18/22      USD    23.11
YANGO JUSTICE INTERNA      10.00      02/12/23      USD    90.00
YANGO JUSTICE INTERNA       9.25      04/15/23      USD    22.39
YANGO JUSTICE INTERNA       8.25      11/25/23      USD    22.62
YANGO JUSTICE INTERNA       7.50      04/15/24      USD    22.38
YANGO JUSTICE INTERNA       7.88      09/04/24      USD    22.68
YANGO JUSTICE INTERNA       7.50      02/17/25      USD    22.58
YANGXIN TOWN CONSTRUC       6.50      04/26/24      CNY    62.24
YANGXIN TOWN CONSTRUC       6.50      04/26/24      CNY    62.24
YANGZHONG TRANSPORTAT       4.95      04/07/23      CNY    39.79
YANGZHONG TRANSPORTAT       4.95      04/07/23      CNY    39.97
YANGZHONG TRANSPORTAT       4.98      04/07/23      CNY    40.43
YANGZHONG TRANSPORTAT       4.98      04/07/23      CNY    40.68
YANGZHOU ECONOMIC & T       5.28      07/06/24      CNY    61.11
YANGZHOU ECONOMIC & T       5.28      07/06/24      CNY    62.40
YANGZHOU GUANGLING NE       3.62      09/07/23      CNY    38.63
YANGZHOU GUANGLING NE       3.62      09/07/23      CNY    39.02
YANGZHOU HANJIANG CON       5.88      06/15/22      CNY    20.25
YANGZHOU HANJIANG CON       5.88      06/15/22      CNY    26.63
YANGZHOU NEW MATERIAL       6.80      10/09/24      CNY    60.00
YANGZHOU NEW MATERIAL       6.80      10/09/24      CNY    61.96
YI CHENG CONSTRUCTION       5.44      04/27/23      CNY    39.78
YI ZHENG CITY DEVELOP       4.63      01/08/23      CNY    40.00
YI ZHENG CITY DEVELOP       4.63      01/08/23      CNY    40.25
YICHANG HIGH-TECH INV       4.80      12/15/22      CNY    40.00
YICHANG HIGH-TECH INV       4.80      12/15/22      CNY    40.34
YICHANG HIGH-TECH INV       3.74      07/21/23      CNY    39.44
YICHANG HIGH-TECH INV       3.74      07/21/23      CNY    40.13
YICHANG HIGH-TECH INV       6.10      05/18/24      CNY    61.03
YICHANG HIGH-TECH INV       6.10      05/18/24      CNY    61.80
YICHANG WUJIA NEW CIT       6.50      04/20/24      CNY    61.24
YICHANG WUJIA NEW CIT       6.50      04/20/24      CNY    61.28
YICHUN VENTURE CAPITA       6.70      03/23/22      CNY    20.00
YICHUN VENTURE CAPITA       6.70      03/23/22      CNY    20.18
YIHUA ENTERPRISE GROU       7.00      04/29/22      CNY    54.00
YIHUA LIFESTYLE TECHN       6.88      07/16/20      CNY    35.90
YIHUA LIFESTYLE TECHN       6.88      07/23/20      CNY    35.00
YINGCHENG CITY PUYANG       6.50      04/14/24      CNY    60.32
YINGCHENG CITY PUYANG       6.50      04/14/24      CNY    61.24
YINGKOU BEIHAI NEW CI       7.19      07/12/24      CNY    59.83
YINGKOU BEIHAI NEW CI       7.19      07/12/24      CNY    61.47
YINGKOU COASTAL DEVEL       6.45      01/26/22      CNY    20.06
YINGKOU ECO & TECH DE       5.20      08/05/23      CNY    39.76
YINGKOU ECO & TECH DE       5.20      08/05/23      CNY    39.78
YINGKOU ECO & TECH DE       6.98      04/19/24      CNY    59.84
YINGKOU ECO & TECH DE       6.98      04/19/24      CNY    61.08
YINGKOU LAOBIAN CITY        5.63      12/16/22      CNY    40.20
YINGKOU LAOBIAN CITY        4.98      03/11/23      CNY    37.79
YINGKOU LAOBIAN CITY        4.98      03/11/23      CNY    40.00
YINGTAN JUNENG INVEST       6.75      07/31/22      CNY    20.39
YINGTAN JUNENG INVEST       6.75      07/31/22      CNY    21.18
YINGTAN STATE-OWNED A       7.50      12/12/22      CNY    30.62
YINGTAN STATE-OWNED A       7.50      12/12/22      CNY    30.63
YINING CITY STATE OWN       5.37      09/24/22      CNY    19.40
YINING CITY STATE OWN       5.37      09/24/22      CNY    19.85
YIWU CITY CONSTRUCTIO       4.31      12/07/22      CNY    40.26
YIWU CITY CONSTRUCTIO       4.31      12/07/22      CNY    40.40
YIWU CITY CONSTRUCTIO       5.48      08/18/24      CNY    60.00
YIWU CITY CONSTRUCTIO       5.48      08/18/24      CNY    62.04
YIWU URBAN & RURAL NE       4.25      11/24/21      CNY    25.00
YIXING CITY CONSTRUCT       6.16      03/30/22      CNY    20.00
YIXING CITY CONSTRUCT       6.16      03/30/22      CNY    20.18
YIYANG ADVANCED INDUS       7.00      03/30/22      CNY    20.19
YIYANG ADVANCED INDUS       7.00      03/30/22      CNY    28.00
YIYANG PROVINCE AREA        4.95      10/13/23      CNY    37.66
YIYANG PROVINCE AREA        4.95      10/13/23      CNY    37.80
YIYANG PROVINCE AREA        5.16      11/23/23      CNY    57.54
YIYANG PROVINCE AREA        5.16      11/23/23      CNY    57.58
YIZHANG XINGYI CONSTR       5.49      09/02/24      CNY    52.76
YIZHANG XINGYI CONSTR       5.49      09/02/24      CNY    52.79
YIZHENG SHI'ERWEI NEW       6.77      08/22/24      CNY    60.51
YONG ZHOU CITY DEVELO       5.30      07/13/24      CNY    61.15
YONGCHENG COAL & ELEC       7.50      02/02/21      CNY    39.88
YONGJIA INVESTMENT GR       6.50      11/12/21      CNY    20.00
YONGJIA INVESTMENT GR       6.50      11/12/21      CNY    20.00
YONGXING YINDU INVEST       5.60      03/24/23      CNY    39.52
YONGXING YINDU INVEST       5.60      03/24/23      CNY    40.19
YONGXING YINDU INVEST       6.93      07/07/24      CNY    60.00
YONGXING YINDU INVEST       6.93      07/07/24      CNY    60.04
YONGXING YINDU INVEST       6.50      08/14/24      CNY    60.00
YONGXING YINDU INVEST       6.50      08/14/24      CNY    60.22
YONGZHOU ECONOMIC CON       3.55      01/14/23      CNY    39.48
YONGZHOU ECONOMIC CON       3.55      01/14/23      CNY    39.95
YUANAN COUNTY QIFENG        5.50      05/27/23      CNY    40.24
YUANAN COUNTY QIFENG        5.50      05/27/23      CNY    40.24
YUANLING CHENZHOU INV       6.50      09/20/24      CNY    60.00
YUANLING CHENZHOU INV       6.50      09/20/24      CNY    61.55
YUEYANG DONGTING XINC       6.15      03/20/22      CNY    20.06
YUEYANG HUIHUA URBAN        5.78      04/18/24      CNY    60.66
YUEYANG HUIHUA URBAN        5.78      04/18/24      CNY    61.66
YUEYANG HUIHUA URBAN        5.96      07/26/24      CNY    61.00
YUEYANG HUIHUA URBAN        5.96      07/26/24      CNY    61.77
YUEYANG URBAN CONSTRU       4.80      01/27/26      CNY    73.98
YUEYANG URBAN CONSTRU       4.80      01/27/26      CNY    74.24
YUEYANG YUNXI CITY CO       6.00      07/08/23      CNY    39.56
YUEYANG YUNXI CITY CO       5.18      11/21/23      CNY    57.52
YUHUAN CITY COMMUNICA       6.18      03/20/22      CNY    20.17
YUHUAN CITY COMMUNICA       6.18      03/20/22      CNY    24.47
YUHUAN CITY CONSTRUCT       5.10      05/03/23      CNY    40.05
YUHUAN CITY CONSTRUCT       5.10      05/03/23      CNY    40.61
YUHUAN CITY CONSTRUCT       3.72      10/21/23      CNY    39.33
YUHUAN CITY CONSTRUCT       3.72      10/21/23      CNY    40.15
YUNCHENG SHUIHU CITY        4.54      11/21/23      CNY    57.87
YUNCHENG SHUIHU CITY        4.54      11/21/23      CNY    59.71
YUNCHENG URBAN CONSTR       6.30      08/29/24      CNY    58.78
YUNCHENG URBAN CONSTR       6.30      08/29/24      CNY    60.00
YUZHOU GENERAL INVEST       4.68      01/19/23      CNY    40.00
YUZHOU GENERAL INVEST       4.68      01/19/23      CNY    40.15
ZAOYANG CITY CONSTRUC       5.50      03/22/23      CNY    40.19
ZAOYANG CITY CONSTRUC       5.50      03/22/23      CNY    40.39
ZHANGJIAGANG ECONOMY        3.95      03/22/23      CNY    40.00
ZHANGJIAGANG ECONOMY        3.95      03/22/23      CNY    40.23
ZHANGJIAJIE ECONOMIC        6.47      07/24/27      CNY    72.69
ZHANGJIAJIE ECONOMIC        6.47      07/24/27      CNY    72.74
ZHANGQIU STATE OWNED        3.69      08/09/23      CNY    39.81
ZHANGQIU STATE OWNED        3.69      08/09/23      CNY    40.01
ZHANGSHU STATE-OWNED        4.80      06/22/23      CNY    40.17
ZHANGSHU STATE-OWNED        4.80      06/22/23      CNY    42.67
ZHANGZHOU ECONOMIC DE       6.17      04/27/22      CNY    20.00
ZHANGZHOU ECONOMIC DE       6.17      04/27/22      CNY    20.20
ZHAODONG DONGSHENG CO       6.50      01/20/24      CNY    61.10
ZHAODONG DONGSHENG CO       6.50      01/20/24      CNY    61.11
ZHAOQING GAOYAO DISTR       6.68      04/14/22      CNY    20.00
ZHAOQING GAOYAO DISTR       6.68      04/14/22      CNY    20.29
ZHAOQING HI-TECH ZONE       3.97      08/26/23      CNY    39.47
ZHAOQING HI-TECH ZONE       3.97      08/26/23      CNY    39.82
ZHEJIANG BINHAI NEW C       4.65      12/23/22      CNY    40.36
ZHEJIANG HANGZHOU QIN       5.99      06/30/24      CNY    62.22
ZHEJIANG HANGZHOU QIN       5.99      06/30/24      CNY    62.23
ZHEJIANG HUISHENG INV       4.49      03/15/24      CNY    55.00
ZHEJIANG HUISHENG INV       4.49      03/15/24      CNY    55.51
ZHEJIANG OUHAI CONSTR       6.45      04/23/22      CNY    20.20
ZHEJIANG OUHAI CONSTR       6.45      04/23/22      CNY    20.20
ZHEJIANG OUHAI CONSTR       4.83      01/21/23      CNY    40.10
ZHEJIANG OUHAI CONSTR       4.83      01/21/23      CNY    40.44
ZHEJIANG XINCHANG INV       6.95      12/31/21      CNY    20.09
ZHEJIANG XINCHANG INV       6.95      12/31/21      CNY    20.44
ZHENGZHOU AIRPORT ECO       4.27      07/20/26      CNY    53.58
ZHENGZHOU AIRPORT ECO       4.27      07/20/26      CNY    53.62
ZHENGZHOU GENERAL AVI       5.98      06/27/24      CNY    60.00
ZHENGZHOU GENERAL AVI       5.98      06/27/24      CNY    62.11
ZHENGZHOU GENERAL AVI       5.80      10/18/24      CNY    60.00
ZHENGZHOU GENERAL AVI       5.80      10/18/24      CNY    62.21
ZHENGZHOU JINGKAI INV       5.48      07/31/22      CNY    20.00
ZHENGZHOU JINGKAI INV       5.48      07/31/22      CNY    20.35
ZHENGZHOU MOUZHONG DE       7.48      12/11/21      CNY    20.06
ZHENGZHOU MOUZHONG DE       7.48      12/11/21      CNY    26.20
ZHENGZHOU MOUZHONG DE       4.59      04/18/23      CNY    39.89
ZHENGZHOU MOUZHONG DE       4.59      04/18/23      CNY    39.95
ZHENJIANG DANTU DISTR       5.98      11/06/24      CNY    82.56
ZHENJIANG NEW AREA UR       5.31      07/14/23      CNY    39.06
ZHENJIANG NEW AREA UR       5.31      07/14/23      CNY    40.44
ZHIJIANG STATE-OWNED        4.78      01/11/23      CNY    37.00
ZHIJIANG STATE-OWNED        4.78      01/11/23      CNY    40.04
ZHIJIANG STATE-OWNED        4.38      03/28/23      CNY    39.25
ZHIJIANG STATE-OWNED        4.38      03/28/23      CNY    39.74
ZHIJIANG WANYUN COMMU       7.00      08/29/24      CNY    61.56
ZHONGGUANCUN DEVELOPM       4.20      08/12/22      CNY    20.15
ZHONGGUANCUN DEVELOPM       4.20      08/12/22      CNY    20.20
ZHONGRONG XINDA GROUP       7.40      07/18/22      CNY     7.81
ZHONGRONG XINDA GROUP       7.50      03/02/23      CNY     4.75
ZHONGSHAN TORCH DEVEL       5.79      03/23/24      CNY    61.75
ZHONGSHAN TRANSPORTAT       5.25      11/26/21      CNY    20.00
ZHONGSHAN TRANSPORTAT       5.25      11/26/21      CNY    20.01
ZHONGXIANG CITY CONST       6.50      09/01/24      CNY    62.43
ZHONGXIANG CITY CONST       6.50      09/01/24      CNY    62.44
ZHOUSHAN DINGHAI CITY       6.67      07/20/22      CNY    20.00
ZHOUSHAN ISLANDS NEW        6.98      10/22/22      CNY    24.77
ZHOUSHAN ISLANDS NEW        6.98      10/22/22      CNY    25.40
ZHOUSHAN PUTUO DISTRI       7.18      06/20/22      CNY    25.37
ZHOUSHAN PUTUO DISTRI       7.18      06/20/22      CNY    26.90
ZHUCHENG ECONOMIC DEV       5.37      07/12/24      CNY    60.14
ZHUCHENG ECONOMIC DEV       5.37      07/12/24      CNY    61.15
ZHUHAI HUIHUA INFRAST       4.70      06/27/23      CNY    40.29
ZHUHAI HUIHUA INFRAST       4.70      06/27/23      CNY    40.33
ZHUJI CITY EAST NEW T       3.89      08/26/23      CNY    40.51
ZHUJI CITY YUEDU INVE       6.38      04/07/22      CNY    20.20
ZHUJI CITY YUEDU INVE       6.38      04/07/22      CNY    20.21
ZHUJI STATE-OWNED ASS       5.34      06/28/24      CNY    61.75
ZHUJI STATE-OWNED ASS       5.34      06/28/24      CNY    62.50
ZHUJI STATE-OWNED ASS       5.23      07/18/24      CNY    61.76
ZHUZHOU CITY CONSTRUC       8.36      11/10/21      CNY    20.14
ZHUZHOU GECKOR GROUP        6.38      04/17/22      CNY    20.00
ZHUZHOU GECKOR GROUP        6.38      04/17/22      CNY    20.15
ZHUZHOU GECKOR GROUP        3.78      09/28/23      CNY    39.35
ZHUZHOU GECKOR GROUP        3.78      09/28/23      CNY    39.55
ZHUZHOU HI-TECH AUTO        4.47      11/03/23      CNY    74.62
ZHUZHOU LVXIANG INVES       7.09      08/16/24      CNY    57.50
ZHUZHOU LVXIANG INVES       7.09      08/16/24      CNY    61.11
ZHUZHOU RAILWAY INDUS       7.50      09/25/24      CNY    60.78
ZHUZHOU RECYCLING ECO       4.38      03/24/23      CNY    36.79
ZHUZHOU RECYCLING ECO       4.38      03/24/23      CNY    39.43
ZHUZHOU XIANGJIAN INV       6.40      08/09/24      CNY    60.00
ZHUZHOU XIANGJIAN INV       6.40      08/09/24      CNY    60.31
ZHUZHOU XIANGJIANG SC       5.39      11/25/22      CNY    39.31
ZHUZHOU XIANGJIANG SC       5.39      11/25/22      CNY    39.61
ZIBO BANYANG CITY URB       5.50      09/09/22      CNY    20.00
ZIBO BANYANG CITY URB       5.50      09/09/22      CNY    20.08
ZIBO BOSHAN STATE OWN       5.63      03/29/24      CNY    60.46
ZIBO BOSHAN STATE OWN       5.63      03/29/24      CNY    61.37
ZIBO HIGH TECH CITY I       5.28      08/10/24      CNY    61.86
ZIBO HIGH TECH CITY I       5.28      08/10/24      CNY    64.80
ZIXING CHENGCHENG INV       6.20      03/16/24      CNY    61.18
ZIXING CHENGCHENG INV       6.20      03/16/24      CNY    61.38
ZIXING CHENGCHENG INV       6.18      08/09/24      CNY    60.00
ZIXING CHENGCHENG INV       6.18      08/09/24      CNY    61.35
ZIXING CITY DEVELOPME       6.00      05/03/24      CNY    60.25
ZIXING CITY DEVELOPME       6.00      05/03/24      CNY    60.85
ZIXING CITY DEVELOPME       6.30      09/26/24      CNY    60.00
ZIXING CITY DEVELOPME       6.30      09/26/24      CNY    61.41
ZIYANG WATER INVESTME       3.97      03/17/23      CNY    38.33
ZIYANG WATER INVESTME       3.97      03/17/23      CNY    38.48
ZIZHONG COUNTY XINGZI       5.97      01/18/23      CNY    39.28
ZIZHONG COUNTY XINGZI       5.97      01/18/23      CNY    39.68
ZONGYANG INVESTMENT D       5.85      04/25/24      CNY    60.00
ZONGYANG INVESTMENT D       5.85      04/25/24      CNY    61.68
ZUNYI BOZHOU URBAN CO       6.60      07/06/24      CNY    61.35
ZUNYI BOZHOU URBAN CO       6.60      07/06/24      CNY    61.49
ZUNYI BOZHOU URBAN CO       7.85      10/24/24      CNY    60.00
ZUNYI BOZHOU URBAN CO       7.85      10/24/24      CNY    63.07
ZUNYI CITY XIANGJIANG       6.99      09/25/24      CNY    60.00
ZUNYI CITY XIANGJIANG       6.99      09/25/24      CNY    62.08
ZUNYI ECONOMIC DEVELO       4.87      01/22/23      CNY    35.00
ZUNYI ECONOMIC DEVELO       4.87      01/22/23      CNY    38.07
ZUNYI ECONOMIC DEVELO       7.48      08/17/24      CNY    56.45
ZUNYI HONGHUAGANG DIS       5.05      06/27/23      CNY    37.91
ZUNYI HONGHUAGANG DIS       5.05      06/27/23      CNY    39.99
ZUNYI HONGHUAGANG DIS       6.98      07/25/24      CNY    56.98
ZUNYI HONGHUAGANG DIS       6.98      07/25/24      CNY    61.84
ZUNYI NEW DISTRICT DE       5.99      04/07/26      CNY    47.46
ZUNYI NEW DISTRICT DE       5.99      04/07/26      CNY    55.94
ZUNYI ROAD & BRIDGE C       6.10      04/27/23      CNY    33.43
ZUNYI ROAD & BRIDGE C       6.10      04/27/23      CNY    37.06
ZUNYI TRAFFIC TRAVEL        7.70      09/27/27      CNY    57.00
ZUNYI TRAFFIC TRAVEL        7.70      09/27/27      CNY    73.20


   HONG KONG
   ---------

CAIYUN INTERNATIONAL        5.50      04/08/22      USD    71.66
CHINA SOUTH CITY HOLD      11.50      02/12/22      USD    80.95
CHINA SOUTH CITY HOLD      10.88      06/26/22      USD    42.19
CHINA SOUTH CITY HOLD       7.25      11/20/22      USD    45.01
CHINA SOUTH CITY HOLD      11.95      02/09/23      USD    37.38
CHINA SOUTH CITY HOLD      10.75      04/11/23      USD    36.02
DR PENG HOLDING HONGK       7.55      12/01/22      USD    61.52
HNA GROUP INTERNATION       6.25      10/05/21      USD    19.27


   INDONESIA
   ---------

DAVOMAS INTERNATIONAL      11.00      05/09/11      USD     1.14
DAVOMAS INTERNATIONAL      11.00      05/09/11      USD     1.14
DAVOMAS INTERNATIONAL      11.00      12/08/14      USD     1.13
DAVOMAS INTERNATIONAL      11.00      12/08/14      USD     1.13
DELTA MERLIN DUNIA TE       2.50      06/26/28      USD    18.00
SRI REJEKI ISMAN TBK        7.25      01/16/25      USD    18.67
SRI REJEKI ISMAN TBK        7.25      01/16/25      USD    20.01


   INDIA
   -----

ACME MEDAK SOLAR ENER       0.01      08/29/46      INR    16.44
ACME RANGA REDDY SOLA       0.01      08/31/46      INR    16.31
AMPSOLAR SOLUTION PVT       0.01      10/27/37      INR    30.75
AMPSOLAR SOLUTION PVT       0.01      11/03/37      INR    30.70
APG HABITAT PVT LTD         1.00      09/09/28      INR    66.69
APG INTELLI HOMES PVT       1.25      02/04/35      INR    47.60
APG INTELLI HOMES PVT       1.25      02/04/35      INR    48.78
ASSETS CARE & RECONST       1.00      03/30/29      INR    65.91
ASSETS CARE & RECONST       2.00      03/30/29      INR    71.65
ASSETS CARE & RECONST       2.00      03/30/29      INR    71.65
ASSETS CARE & RECONST       2.00      03/31/30      INR    68.25
AUTOMOTIVE EXCHANGE P       4.00      06/01/30      INR    65.86
AUTOMOTIVE EXCHANGE P       4.00      10/11/30      INR    65.38
BODY CUPID PVT LTD          0.01      03/31/31      INR    50.98
BREEZE CONSTRUCTIONS        0.01      06/29/30      INR    51.30
BRITANNIA INDUSTRIES        8.00      08/28/22      INR    30.67
BRITANNIA INDUSTRIES        5.50      06/03/24      INR    29.08
BROIL SOLAR ENERGY PV       0.01      09/05/31      INR    49.24
CHANDRAJYOTI ESTATE D       0.01      07/06/30      INR    52.62
CONVERGIA DIGITAL EDU       0.10      09/29/31      INR    56.46
CUMULUS TRADING CO PV       0.01      01/23/30      INR    69.71
CUMULUS TRADING CO PV       0.01      05/21/32      INR    44.66
DEWAN HOUSING FINANCE       8.50      04/18/23      INR    28.34
DLF ASPINWAL HOTELS P       0.01      10/15/30      INR    49.22
DLF EMPORIO RESTAURAN       0.01      06/29/30      INR    53.02
DLF EMPORIO RESTAURAN       0.01      08/12/30      INR    52.52
DLF HOME DEVELOPERS L       0.01      06/29/30      INR    54.89
DLF HOMES SERVICES PV       0.01      06/29/30      INR    51.30
DLF LANDS INDIA PVT L       0.01      09/29/31      INR    47.65
DLF REAL ESTATE BUILD       0.01      06/23/30      INR    52.64
DLF RECREATIONAL FOUN       0.01      10/15/30      INR    49.26
DLF RESIDENTIAL BUILD       0.01      06/23/30      INR    51.36
DLF RESIDENTIAL DEVEL       0.01      06/28/30      INR    52.61
DLF SOUTHERN TOWNS PV       0.01      07/09/30      INR    52.77
DOMUS REAL ESTATE PVT       0.01      07/11/30      INR    52.78
ECAP EQUITIES LTD           0.01      03/26/31      INR    51.87
EDEL LAND LTD               0.01      03/22/26      INR    72.99
EDELWEISS ASSET RECON       2.00      11/20/27      INR    75.12
EDELWEISS ASSET RECON       2.00      10/07/28      INR    71.82
EDELWEISS ASSET RECON       2.00      01/15/29      INR    70.83
EDELWEISS ASSET RECON       2.00      03/28/29      INR    70.13
EDELWEISS ASSET RECON       2.00      07/22/29      INR    69.00
EDELWEISS RURAL & COR       0.01      03/25/31      INR    52.68
ELP SOLAR ONE PVT LTD       0.25      02/27/31      INR    51.58
ESSAR POWER TRANSMISS       3.00      03/31/43      INR    50.73
ESSAR POWER TRANSMISS       3.00      03/31/43      INR    50.73
FUTURE RETAIL LTD           5.60      01/22/25      USD    60.63
FUTURE RETAIL LTD           5.60      01/22/25      USD    60.97
GAMMA GAANA LTD             0.01      07/31/31      INR    48.50
GREEN URJA PVT LTD          0.01      02/14/30      INR    54.84
GTL INFRASTRUCTURE LT       6.73      10/26/22      USD     9.88
HCL INFOTECH LTD            0.10      03/31/36      INR    35.23
HITODI INFRASTRUCTURE       0.01      06/30/27      INR    65.34
JAIPRAKASH ASSOCIATES       5.75      09/08/17      USD    55.13
JAIPRAKASH POWER VENT       7.00      05/15/17      USD     6.22
JCT LTD                     2.50      04/08/11      USD    25.75
JSM CORP PVT LTD            0.01      08/31/36      INR    32.87
JTPM ATSALI LTD             0.01      08/29/48      INR    14.56
JUNO MONETA TECHNOLOG       0.01      05/18/26      INR    73.28
KANAKADURGA FINANCE L       0.01      04/15/36      INR    31.69
KUSHALS RETAIL PVT LT       1.00      05/13/29      INR    64.16
LITMUS WORLD MARKETIN       0.01      03/31/28      INR    68.45
MARIS POWER SUPPLY CO       2.00      04/18/28      INR    74.35
MELOSA BUILDERS & DEV       0.01      06/29/30      INR    51.30
MENS BUILDCON PVT LTD       0.01      06/29/30      INR    51.30
MYTRAH AADHYA POWER P       0.01      07/05/35      INR    36.55
MYTRAH ADVAITH POWER        0.01      07/13/36      INR    33.82
MYTRAH AKSHAYA ENERGY       0.01      07/13/36      INR    33.82
NANI VIRANI WIND ENER       2.00      06/30/39      INR    47.11
NEEMUCH SOLAR POWER P       0.01      08/29/46      INR    16.43
NHAVA SHEVA INTERNATI       0.01      04/14/27      INR    68.32
ORIGAMI CELLULO PVT L       0.01      11/14/36      INR    32.47
PALIWAL REAL ESTATE L       0.01      09/09/31      INR    48.10
PRAKASH INDUSTRIES LT       5.25      04/30/15      USD    22.63
PRUDENT ARC LTD             0.01      09/02/31      INR    48.11
PRUDENT ARC LTD             0.01      10/04/31      INR    46.47
PUNJAB INFRASTRUCTURE       0.40      10/15/27      INR    70.60
PUNJAB INFRASTRUCTURE       0.40      10/15/28      INR    65.88
PUNJAB INFRASTRUCTURE       0.40      10/15/29      INR    61.46
PUNJAB INFRASTRUCTURE       0.40      10/15/30      INR    57.34
PUNJAB INFRASTRUCTURE       0.40      10/15/31      INR    53.52
PUNJAB INFRASTRUCTURE       0.40      10/15/32      INR    49.99
PUNJAB INFRASTRUCTURE       0.40      10/15/33      INR    46.76
PURVANCHAL SOLAR POWE       0.01      08/29/46      INR    16.44
PYRAMID SAIMIRA THEAT       1.75      07/04/12      USD     0.26
R L FINE CHEM PVT LTD       0.10      08/19/36      INR    33.43
RAMANI ICECREAM CO LT       0.01      12/29/35      INR    35.61
REDKITE CAPITAL PVT L       2.50      03/30/29      INR    73.63
REI AGRO LTD                5.50      11/13/14      USD     0.73
REI AGRO LTD                5.50      11/13/14      USD     0.73
RELIANCE COMMUNICATIO       6.50      11/06/20      USD    10.09
REWANCHAL SOLAR POWER       0.01      08/29/46      INR    16.44
RIVERIA COMMERCIAL DE       0.01      07/08/31      INR    47.16
RMZ ONE PARAMOUNT PVT       0.10      03/24/29      INR    59.20
SAKET HOLIDAYS RESORT       0.01      06/29/30      INR    52.50
SANJWIN CONSULTING SO       0.01      06/01/28      INR    61.31
SHERISHA ROOFTOP SOLA       0.01      08/12/31      INR    45.04
SHIVAJI MARG MAINTENA       0.01      06/28/30      INR    51.48
SINTEX INDUSTRIES LTD       3.50      05/25/22      USD    26.43
STPL HORTICULTURE PVT       0.01      03/31/31      INR    58.59
SUNWORLD SOLAR POWER        0.01      08/31/46      INR    16.31
SURBHI INVESTMENTS &        2.50      10/21/28      INR    74.38
SUTARA ROADS & INFRA        0.01      08/31/30      INR    58.93
SUZLON ENERGY LTD           5.75      07/16/19      USD    23.65
SUZLON ENERGY LTD           5.75      07/16/19      USD    23.65
SVOGL OIL GAS & ENERG       5.00      08/17/15      USD     0.61
TATA SMARTFOODZ LTD         0.01      04/18/26      INR    73.56
TATA SMARTFOODZ LTD         0.01      06/28/26      INR    72.42
TATA SMARTFOODZ LTD         0.01      08/19/26      INR    71.58
TN URJA PVT LTD             0.10      02/22/36      INR    35.40
WATSUN INFRABUILD PVT       4.00      10/16/37      INR    63.92
YBRANT ENGINEERING &        0.01      05/07/31      INR    50.08


   JAPAN
   -----

AVANSTRATE INC              0.20      10/29/32      JPY     9.75
HIS CO LTD                  0.58      02/19/27      JPY    66.71
TKJP CORP                   1.02      12/15/17      JPY     0.50
TKJP CORP                   0.85      03/06/19      JPY     2.02
TKJP CORP                   0.58      03/26/21      JPY     2.02
UNIZO HOLDINGS CO LTD       0.43      11/29/21      JPY    71.12
UNIZO HOLDINGS CO LTD       0.52      05/27/22      JPY    60.00
UNIZO HOLDINGS CO LTD       0.75      11/28/22      JPY    48.04
UNIZO HOLDINGS CO LTD       0.85      05/26/23      JPY    47.75
UNIZO HOLDINGS CO LTD       0.80      11/29/23      JPY    45.49
UNIZO HOLDINGS CO LTD       0.89      05/29/24      JPY    45.59
UNIZO HOLDINGS CO LTD       1.10      11/28/24      JPY    42.89
UNIZO HOLDINGS CO LTD       0.99      11/27/26      JPY    39.99
UNIZO HOLDINGS CO LTD       1.20      05/28/27      JPY    39.58
UNIZO HOLDINGS CO LTD       1.50      11/26/27      JPY    39.98


   KOREA
   -----

CJ CGV CO LTD               1.00      06/08/51      KRW    71.03
FIRST 5G SECURITIZATI       1.71      02/28/25      KRW    27.46
FIRST 5G SECURITIZATI       1.89      11/28/25      KRW    27.85
HEUNGKUK FIRE & MARIN       5.70      12/29/46      KRW    38.81
KIBO ABS SPECIALTY CO       5.00      02/28/22      KRW    74.42
KIBO ABS SPECIALTY CO       5.00      02/24/23      KRW    73.14
KIBO ABS SPECIALTY CO       5.00      02/24/24      KRW    70.34
KOREA LAND & HOUSING        1.28      08/23/49      KRW    77.55
KOREA SOUTHERN POWER        1.29      08/13/49      KRW    76.10
LOTTE CARD CO LTD           3.95      06/28/49      KRW    37.13
POSCO ENERGY CO LTD         5.21      08/29/43      KRW    68.54
PULMUONE CO LTD             4.80      09/30/49      KRW    73.97
SAMPYO CEMENT CO LTD        8.30      04/20/14      KRW    70.00
SAMPYO CEMENT CO LTD        7.50      07/20/14      KRW    70.00
SAMPYO CEMENT CO LTD        8.30      09/10/14      KRW    70.00
SAMPYO CEMENT CO LTD        8.10      04/12/15      KRW    70.00
SAMPYO CEMENT CO LTD        8.10      06/26/15      KRW    70.00
SINBO SECURITIZATION        5.00      12/27/21      KRW    75.29
SINBO SECURITIZATION        5.00      01/25/22      KRW    68.09
SINBO SECURITIZATION        5.00      01/26/22      KRW    68.08
SINBO SECURITIZATION        5.00      02/23/22      KRW    66.74
SINBO SECURITIZATION        5.00      02/28/22      KRW    74.40
SINBO SECURITIZATION        5.00      06/27/22      KRW    62.95
SINBO SECURITIZATION        5.00      07/24/22      KRW    62.49
SINBO SECURITIZATION        5.00      07/26/22      KRW    62.47
SINBO SECURITIZATION        5.00      08/29/22      KRW    62.79
SINBO SECURITIZATION        5.00      08/31/22      KRW    62.78
SINBO SECURITIZATION        5.00      09/26/22      KRW    62.15
SINBO SECURITIZATION        5.00      12/25/22      KRW    72.13
SINBO SECURITIZATION        5.00      01/25/23      KRW    64.51
SINBO SECURITIZATION        5.00      01/29/23      KRW    71.86
SINBO SECURITIZATION        5.00      02/28/23      KRW    74.84
SINBO SECURITIZATION        5.00      03/20/23      KRW    74.67
SINBO SECURITIZATION        5.00      06/27/23      KRW    65.98
SINBO SECURITIZATION        5.00      06/30/23      KRW    65.95
SINBO SECURITIZATION        5.00      07/24/23      KRW    65.69
SINBO SECURITIZATION        5.00      07/29/23      KRW    65.65
SINBO SECURITIZATION        5.00      08/29/23      KRW    66.46
SINBO SECURITIZATION        5.00      08/29/23      KRW    66.46
SINBO SECURITIZATION        5.00      09/09/23      KRW    66.29
SINBO SECURITIZATION        5.00      09/26/23      KRW    66.08
SINBO SECURITIZATION        5.00      09/26/23      KRW    66.08
SINBO SECURITIZATION        5.00      09/26/23      KRW    66.08
SINBO SECURITIZATION        5.00      10/24/23      KRW    65.72
SINBO SECURITIZATION        5.00      10/24/23      KRW    65.72
SINBO SECURITIZATION        3.00      11/21/23      KRW    63.52
SINBO SECURITIZATION        5.00      11/21/23      KRW    66.84
SINBO SECURITIZATION        4.00      12/25/23      KRW    65.20
SINBO SECURITIZATION        4.00      12/25/23      KRW    65.20
SINBO SECURITIZATION        5.00      12/25/23      KRW    72.37
SINBO SECURITIZATION        5.00      12/29/23      KRW    70.19
SINBO SECURITIZATION        3.00      01/29/24      KRW    68.07
SINBO SECURITIZATION        4.00      01/29/24      KRW    70.08
SINBO SECURITIZATION        4.00      01/29/24      KRW    70.08
SINBO SECURITIZATION        5.00      02/27/24      KRW    67.89
SINBO SECURITIZATION        4.00      04/15/24      KRW    65.70
SINBO SECURITIZATION        4.00      06/30/24      KRW    66.01
SINBO SECURITIZATION        4.00      06/30/24      KRW    66.01
SINBO SECURITIZATION        5.00      06/30/24      KRW    67.99
SINBO SECURITIZATION        4.00      07/29/24      KRW    65.73
SINBO SECURITIZATION        5.00      07/29/24      KRW    67.69
SINBO SECURITIZATION        5.00      07/29/24      KRW    67.69
SINBO SECURITIZATION        4.00      08/28/24      KRW    66.40
SINBO SECURITIZATION        4.00      08/28/24      KRW    66.40
SINBO SECURITIZATION        5.00      08/28/24      KRW    68.57
SINBO SECURITIZATION        4.00      09/29/24      KRW    66.04
SINBO SECURITIZATION        4.00      09/29/24      KRW    66.04
SINBO SECURITIZATION        5.00      09/29/24      KRW    68.19
SINBO SECURITIZATION        4.00      11/27/24      KRW    69.24
SINBO SECURITIZATION        4.00      11/27/24      KRW    69.24
SINBO SECURITIZATION        5.00      11/27/24      KRW    71.55
SINBO SECURITIZATION        5.00      11/27/24      KRW    71.55
SINBO SECURITIZATION        5.00      01/29/25      KRW    46.26


   MALAYSIA
   --------

ASIAN PAC HOLDINGS BH       3.00      05/25/22      MYR     0.65
BERJAYA CORP BHD            5.00      04/22/22      MYR     0.27
BERJAYA CORP BHD            2.00      05/29/26      MYR     0.26
ELK-DESA RESOURCES BH       3.25      04/14/22      MYR     1.14
HUME CEMENT INDUSTRIE       5.00      05/29/24      MYR     1.66
MALAYAN FLOUR MILLS B       5.00      01/24/24      MYR     1.48
PENGURUSAN AIR SPV BH       1.00      09/28/35      MYR    62.71
PENGURUSAN AIR SPV BH       1.00      11/05/35      MYR    62.42
PENGURUSAN AIR SPV BH       1.00      02/05/36      MYR    65.13
PMB TECHNOLOGY BHD          3.00      07/12/23      MYR    12.50
SCANWOLF CORP BHD           3.00      08/04/26      MYR     0.36
SD INTERNATIONAL SUKU       7.00      03/12/25      USD    27.40
SD INTERNATIONAL SUKU       6.30      05/09/22      USD    30.37
SENAI-DESARU EXPRESSW       1.35      12/31/29      MYR    74.34
SENAI-DESARU EXPRESSW       1.35      06/28/30      MYR    72.83
SENAI-DESARU EXPRESSW       1.35      12/31/30      MYR    71.27
SENAI-DESARU EXPRESSW       1.35      06/30/31      MYR    69.77
YB VENTURES BHD             0.10      09/05/26      MYR     0.07


   PHILIPPINES
   -----------

BAYAN TELECOMMUNICATI      15.00      07/15/06      USD    19.63


   SINGAPORE
   ---------

APL REALTY HOLDINGS P       5.95      06/02/24      USD    60.92
ASL MARINE HOLDINGS L       3.00      03/28/25      SGD    41.34
ASL MARINE HOLDINGS L       3.00      10/01/26      SGD    41.38
BAKRIE TELECOM PTE LT      11.50      05/07/15      USD     0.78
BAKRIE TELECOM PTE LT      11.50      05/07/15      USD     0.78
BANYAN TREE HOLDINGS        7.50      08/06/22      SGD     1.35
BLD INVESTMENTS PTE L       8.63      03/23/15      USD     4.88
BLUE OCEAN RESOURCES        8.00      12/31/21      USD    32.94
BLUE OCEAN RESOURCES        8.00      12/31/21      USD    32.94
BLUE OCEAN RESOURCES        8.00      12/31/21      USD    32.94
ENERCOAL RESOURCES PT       9.25      08/05/14      USD    45.75
ETERNA CAPITAL PTE LT       8.00      12/11/22      USD    44.43
EZRA HOLDINGS LTD           4.88      04/24/18      SGD     5.00
GOLDEN LEGACY PTE LTD       6.88      03/27/24      USD    19.36
GOLDEN LEGACY PTE LTD       6.88      03/27/24      USD    19.68
INDO INFRASTRUCTURE G       2.00      07/30/10      USD     1.00
INNOVATE CAPITAL PTE        6.00      12/11/24      USD    29.00
ITNL OFFSHORE PTE LTD       7.50      01/18/21      CNY    16.61
JGC VENTURES PTE LTD       10.75      08/30/21      USD    55.20
MICLYN EXPRESS OFFSHO       8.75      11/25/18      USD     1.07
MODERNLAND OVERSEAS P       6.95      04/13/24      USD    44.64
NT RIG HOLDCO PTE LTD       7.50      12/20/22      USD    55.50
ORO NEGRO DRILLING PT       7.50      01/24/19      USD     3.88
PACIFIC RADIANCE LTD        4.30      03/31/20      SGD    10.00
RICKMERS MARITIME           8.45      05/15/17      SGD     5.00
SSMS PLANTATION HOLDI       7.75      01/23/23      USD    72.74
SWIBER CAPITAL PTE LT       6.25      10/30/17      SGD     4.20
SWIBER CAPITAL PTE LT       6.50      08/02/18      SGD     4.20
SWIBER HOLDINGS LTD         5.55      10/10/16      SGD    12.25
SWIBER HOLDINGS LTD         7.13      04/18/17      SGD     6.13
SWIBER HOLDINGS LTD         7.75      09/18/17      CNY     6.13


  SRI LANKA
  ---------

SRI LANKA DEVELOPMENT       4.24      03/16/23      USD    72.96
SRI LANKA DEVELOPMENT       4.11      05/01/23      USD    71.20
SRI LANKA DEVELOPMENT       4.15      05/01/23      USD    71.24
SRI LANKA DEVELOPMENT       5.66      05/01/23      USD    72.82
SRI LANKA DEVELOPMENT       6.69      05/01/23      USD    73.98
SRI LANKA DEVELOPMENT       6.70      05/01/23      USD    73.99
SRI LANKA DEVELOPMENT       6.71      05/01/23      USD    74.00
SRI LANKA DEVELOPMENT       7.95      05/01/24      USD    67.20
SRI LANKA DEVELOPMENT       7.98      05/01/24      USD    67.25
SRI LANKA DEVELOPMENT       7.99      05/01/24      USD    67.27
SRI LANKA DEVELOPMENT       4.79      01/22/25      USD    58.73
SRI LANKA DEVELOPMENT       5.98      01/22/25      USD    59.82
SRI LANKA DEVELOPMENT       6.02      01/22/25      USD    59.90
SRI LANKA DEVELOPMENT       6.05      01/22/25      USD    59.96
SRI LANKA DEVELOPMENT       6.50      01/22/25      USD    60.89
SRI LANKA DEVELOPMENT       6.75      01/22/25      USD    61.40
SRI LANKA DEVELOPMENT       6.80      01/22/25      USD    61.50
SRI LANKA DEVELOPMENT       6.82      01/22/25      USD    61.54
SRI LANKA DEVELOPMENT       6.87      01/22/25      USD    61.65
SRI LANKA DEVELOPMENT       6.99      01/22/25      USD    61.89
SRI LANKA DEVELOPMENT       7.68      01/22/25      USD    63.31
SRI LANKA DEVELOPMENT       7.82      01/22/25      USD    63.63
SRI LANKA DEVELOPMENT       7.60      07/30/26      USD    60.52
SRI LANKA DEVELOPMENT       8.00      07/30/26      USD    61.62
SRI LANKA GOVERNMENT        5.75      04/18/23      USD    65.98
SRI LANKA GOVERNMENT        5.75      04/18/23      USD    65.98
SRI LANKA GOVERNMENT        6.85      03/14/24      USD    62.69
SRI LANKA GOVERNMENT        6.85      03/14/24      USD    62.76
SRI LANKA GOVERNMENT        6.35      06/28/24      USD    62.67
SRI LANKA GOVERNMENT        6.35      06/28/24      USD    62.73
SRI LANKA GOVERNMENT        6.13      06/03/25      USD    61.77
SRI LANKA GOVERNMENT        6.13      06/03/25      USD    61.86
SRI LANKA GOVERNMENT        6.85      11/03/25      USD    61.85
SRI LANKA GOVERNMENT        6.85      11/03/25      USD    61.94
SRI LANKA GOVERNMENT        6.83      07/18/26      USD    60.71
SRI LANKA GOVERNMENT        6.83      07/18/26      USD    60.78
SRI LANKA GOVERNMENT        6.20      05/11/27      USD    59.95
SRI LANKA GOVERNMENT        6.20      05/11/27      USD    60.04
SRI LANKA GOVERNMENT        6.75      04/18/28      USD    59.86
SRI LANKA GOVERNMENT        6.75      04/18/28      USD    59.95
SRI LANKA GOVERNMENT        7.85      03/14/29      USD    59.91
SRI LANKA GOVERNMENT        7.85      03/14/29      USD    59.95
SRI LANKA GOVERNMENT        7.55      03/28/30      USD    59.98
SRI LANKA GOVERNMENT        7.55      03/28/30      USD    60.09
SRILANKAN AIRLINES LT       7.00      06/25/24      USD    60.64


  THAILAND
  --------

G STEEL PCL                 3.00      10/04/15      USD     0.80
MDX PCL                     4.75      09/17/03      USD    22.88


                           *********


S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter-Asia Pacific is a daily newsletter co-
published by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.
Marites O. Claro, Joy A. Agravante, Rousel Elaine T. Fernandez,
Julie Anne L. Toledo, Ivy B. Magdadaro and Peter A. Chapman,
Editors.

Copyright 2021.  All rights reserved.  ISSN: 1520-9482.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding,
electronic re-mailing and photocopying) is strictly prohibited
without prior written permission of the publishers.
Information contained herein is obtained from sources believed
to be reliable, but is not guaranteed.

TCR-AP subscription rate is US$775 for 6 months delivered via e-
mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance
thereof are US$25 each.  For subscription information, contact
Peter Chapman at 215-945-7000.



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