By Yao Yibin (Futures Daily) – China Construction Bank (CCB) has recently provided its first DCE standard warrant financing – 1,688 contracts (8,440 tons) of LLDPE – to Grand Group Corporation.
A CCB professional involved in the standard warrant financing business said that the transaction process went smoothly. "This was the result of the common efforts of the exchange, bank and client. The standard warrant financing business can satisfy clients' financing needs, as well as widen the scope of the bank's business and optimize the structure of the bank's loan assets. I hope this marks the beginning of further cooperation with the DCE," he said.