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Letzte Aktualisierung: August 26, 2022
Stock exchanges implement new green bond regulations
China's stock exchanges have begun implementing new green bond standards. The Shanghai Stock Exchange now requires that 100 percent of funds acquired through green bonds should be used for sustainable investments. That's according to a statement from the exchange seen by Reuters. Previously, only 70 percent of proceeds from corporate green bonds traded on exchanges had to be used for sustainable purposes. For green bonds issued by state-owned companies, the ratio was only 50 percent. This has now been standardized. However, it is unclear whether green bonds issued by state-owned enterprises will also fall under the new standards. According to the Chinese financial website Securities Times, these bonds will be exempt from the new rules.
